Real Estate News

A government shutdown may pause NFIP renewals, FHA loans and other real estate activity. NAR called on Congress to prevent the disruption.

The average rate on 30-year mortgages rose to 6.72% from 6.6%. Borrowing costs on 15-year fixed-rate mortgages rose to 5.92% from 5.84% last week.

Florida Realtors Chief Economist: Nov. saw a post-hurricane rebound for new listings, new pending sales. New listings, single-family up 7.2%; condos, up 5.4%.

Incoming Florida Realtors President Weisheyer said his career has been shaped by a focus on making a positive impact, among other key leadership principles.

The trend in increasing number of excess bedrooms is driven by both declining household sizes and by an increase in the number of bedrooms per home.

NAR: Existing-home sales in the South rose 5.6% from October to an annual rate of 1.87 million in November, up 3.3% from one year before.

One in four buyers with kids received family cash for down payments, compared to 12% of those without, highlighting higher housing costs for families.

The Fed cut rates for the third time in 2024 but signaled slower reductions ahead, citing persistent inflation and economic uncertainties.

Test your knowledge and learn more about the Florida Realtors/Florida Bar (“FR/BAR”) contract with this short quiz.

Florida Realtors is deeply saddened to announce 2002 Florida Realtors President Maurice J. “Moe” Veissi died. He was 78.

The finalized rule requires mortgage disclosures for PACE loans, aiming to protect homeowners from costly, unaffordable financing for clean energy upgrades.

The land deals total $318 million to protect 86,819 acres across the state and include plans for a new state park and conservation easements.

Officials recommend texters use messaging apps with encryption such as Google Messages, Apple’s iMessages and WhatsApp.

Three private insurers were approved to assume up to 160,440 policies from Citizens in March. Citizens had 982,892 policies as of Friday.