Builder Sentiment Unchanged in April
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.
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.
Potential flippers should understand the process of home flipping before jumping in. Some of the common unknowns include the tax benefits.
A cut in the state’s commercial lease sales tax, from 4.5% to 2.0%, will begin on June 1, weeks earlier than originally expected.
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