Florida Sees Shift in New-Home Prices

Florida Sees Shift in New-Home Prices

Florida is among the top states seeing new construction price declines, creating potential opportunities for buyers as builders adjust to market conditions. NEW YORK — For home shoppers holding out for better prices, now might be the time to start looking. Prices in...
Buyers May Have Accepted a New Norm on Rates

Buyers May Have Accepted a New Norm on Rates

By Melissa Dittmann Tracey Affordability headwinds persist as the 30-year fixed-rate mortgage rises again, yet the stream of mortgage applicants remains stronger than in 2024. CHICAGO — Mortgage rates are hovering in the high 6% range, pressing buyers’ budgets....
Florida’s RE Marketing Fueled by Younger Buyers

Florida’s RE Marketing Fueled by Younger Buyers

The state’s population growth is reshaping real estate, compelling agents to adopt digital tools and social media to attract younger buyers and boost engagement. ORLANDO, Fla. — Central Florida’s population boom is transforming the real estate market and driving a...
NAR Lauds Passage of VA Home Loan Reform Act

NAR Lauds Passage of VA Home Loan Reform Act

The bill that makes permanent the VA’s temporary policy letting veterans pay their real estate agents directly is headed to the president’s desk. WASHINGTON — The U.S. Senate unanimously passed H.R. 1815, the VA Home Loan Reform Act, by voice vote on Tuesday night....
Florida Realtors Names Sr VP of Public Policy

Florida Realtors Names Sr VP of Public Policy

By Marla Martin With 37 years’ experience as legislative counsel, Trey Goldman now will oversee Florida Realtors’ legislative and regulatory advocacy-related efforts in Tallahassee. ORLANDO, Fla. — Florida Realtors® has named Trey Goldman as its new senior vice...
Mortgage Rates Rise for Second Straight Week

Mortgage Rates Rise for Second Straight Week

By Alex Veiga Rates on 30-year mortgages rate ticked up to 6.75% from 6.72% last week while rates on 15-year mortgages increased to 5.92% from 5.86%. WASHINGTON – The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the...