Real Estate News

The average rate on 30-year mortgages fell to 6.64% from 6.65% last week while rates on 15-year mortgages went down to 5.82% from 5.89%.

Renovating a kitchen boosts home value, with a possible 60% ROI. Costs range from $71K to $137K, depending on materials, design and location.

In real estate, prioritize quality leads. Look for motivated sellers facing life changes or financial issues. Use CMAs, pricing insights and targeted marketing for success.

Scammers develop a wrong number text into friendly chats, gaining trust before asking for personal information and money.

Colorado State University forecasters expect 17 named storms, 9 of which will become hurricanes, with 4 reaching major hurricane strength.

Pending sales fell, price cuts hit a record and inventory grew, but supply remains below pre-2020 levels as buyers tread carefully amid economic concerns.

The median U.S. home price is $412K, requiring 10 workdays per month to afford. In Florida, it’s 11 days. Midwest buyers need a week or less.

Millennial buyers say they want a home with a median of 2,408SF, the most requested amount of interior space compared to other generations

The insurer also agreed to pay $4M in fines and update its policies after the attorney general's investigation found fraudulent reimbursement claims.

Homeownership is possible without family gifts. Focus on your own goals, build a support team, explore down payment programs and get creative with financing options.

The decline, in line with national sentiment, was particularly pronounced among Floridians with an annual income over $50,000, a UF study found.

Fannie Mae forecasts mortgage rates at 6.3% by year-end 2025, boosting home sales slightly. Rates may drop further, encouraging more buyers off the sidelines.

Mortgage rates remain near 7%, frustrating some buyers who expected lower costs. Experts say waiting for a big drop may not pay off, as small declines are likely.

Florida rental prices fluctuate with seasons – rising in winter for snowbirds, dropping in summer. Renters can save by timing leases, while owners adjust for demand.