Month: April 2024

With mortgage rates hovering in the 6% to 7% range, many new buyers are looking for creative ways to save money. Temporary buydowns may be the answer.

Creating a ‘know-like-trust’ relationship with clients takes effort but it allows clients to move forward with confidence, real estate pro Jimmy Burgess said.

Data from Niche shows counties in the northern Florida and the Panhandle lead the state in affordability related to cost of living.

New home construction starts and permits fell in March and will likely persist through April, analysts said.

Fannie Mae and Freddie Mac issued guidance regarding allowable interested-party contributions in light of the proposed Sitzer-Burnett verdict settlement agreement.  

A U.S. District Court judge ruled against Florida’s Department of Environmental Protection’s attempt to retain authority over wetland permitting

The April NAHB/Wells Fargo HMI survey showed that 22% of builders cut home prices in April, down from 24% in March and 36% in December 2023.

A national survey showed 39% of consumers plan to move, and Florida is among the top destinations. About 13% prefer ranch-style homes.

Today’s average rate on a 30-year home loan is just under 7%, not far from the historical average. Still, some homebuyers say they’re waiting for rates to drop.

The Florida Department of Agriculture’s finalized rules regarding foreign-buyer registration for agricultural property ownership took effect April 4.