Florida Realtors News
Spring Housing Market Shows Resilience
Realtor.com April report: U.S. home prices fall for 6th straight month, but fewer price cuts indicate that sellers are entering the market with realistic expectations.
U.S. Economy Grew 2% in Q1 But Outlook Cloudy
The government’s spending and investment grew at a 9.3% annual rate in Q1 while consumer spending growth slowed to 1.6%. Q1 covered about a month of the Iran war.
Jobless Claims Down in Florida
First-time claims, at 5,375, dropped for the 2nd week in a row. Fla.’s jobless rate has slowly increased to 4.6%, reflecting mid-February conditions.
Driveway Overlaps Neighbor’s Property: Now What?
Real estate Q&A: A new survey found the overlap, not uncommon as property lines don’t always match assumptions. Confirm the results first, then talk to the neighbor.
Average U.S. 30-Year Mortgage Rate Rises to 6.3%
Ending a 3-week slide, it’s up from 6.23% last week, but lower than the 6.76% a year ago. The 15-year FRM rose to 5.64%; it was 5.58% last week and 5.92% a year ago.
Key Inflation Gauge at Highest Level in 3 Years
Prices rose 3.5% compared to a year ago, pushing inflation further away from the Fed’s 2% target, likely leaving interest rates on hold at least for now.
Buying a Home: Steps to Take for Homeownership
Thoughtful planning can help would-be home buyers prepare for the experience. A clear look at finances and budget is a good place to start.
Don't Skip Having an Open House
Open houses can generate traffic, widen the pool of potential buyers, shorten the decision window and support stronger offers, plus reinforce buyer trust.
Home Building Shows Signs of Stabilization in March
Housing production bounced back in March as builders increased starts despite headwinds. Overall starts rose 10.8% to a seasonally adjusted pace of 1.5 million.
Florida Consumer Sentiment Weakens in April
For the second month in a row, Floridians are feeling less confident about their finances, due to higher gas prices, other rising costs and accelerated inflation.
NAR Supports Bipartisan Broadband Bills
Several broadband-focused bills passed by the U.S. House aim to expand high-speed internet access, helping to unlock housing demand in rural and underserved areas.
USPS Financial Woes May Put RE Deals at Risk
Real estate transactions may rely more on physical mail and delivery timelines than agents realize, creating potential exposure if postal service disruptions worsen.
After Real Purchase, RE/MAX HQ May Move to Florida
In an $880M deal, the Florida-based Real Brokerage will acquire RE/MAX Holdings and brand, forming the new Real REMAX Group, a “tech-enabled global platform.”
U.S. Consumer Confidence Edged Up in April
Consumers’ income expectations were slightly more optimistic and their perceptions of the labor market improved, but otherwise little else changed from March.