Real Estate News

The average 30-year mortgage rate rose to 6.55% this week, Freddie Mac said. The increase is adding to borrowing costs and reducing purchasing power as inflation concerns push bond yields higher.

Most Americans consider sidewalks, nearby amenities and other walkability features important when choosing where to live — and nearly two-thirds say they would pay more for them.

The state's $1.8 trillion economy is now the world’s 14th largest after surpassing Australia and Mexico, according to the Florida Chamber Foundation. The foundation said Florida’s economy grew 6.3% over the past year, moving the state closer to its goal of ranking among the world’s 10 largest economies by 2030.

Pew Research found rising home prices, higher mortgage rates and bigger upfront costs have made homeownership harder for adults under 40. In several Florida metros, median home prices are now four to five times the median income for younger households.

Zonda Home's 2025 remodeling report ranks garage doors, steel doors, stone veneer, fiber-cement siding and kitchen updates as top return-on-investment projects, with backup generators debuting at number seven.

The bipartisan 21st Century ROAD to Housing Act has been enacted after a nearly two-year advocacy effort led by the National Association of Realtors. The package includes nearly 50 measures aimed at increasing housing supply, improving affordability, expanding homeownership opportunities and supporting veterans.

The July 2026 Mortgage Monitor found most major Florida metros have more inventory than before the pandemic, though levels have eased from last year’s highs. Lakeland and Orlando had the largest surpluses, while Miami was the only major Florida market tracked below pre-pandemic norms.

A recent cyberattack on a global real estate firm is raising fresh concerns about how companies protect customer, tenant and transaction data. Propmodo reported the May incident involved vishing, or voice phishing, underscoring the need for employee training, access controls and verification procedures.

new survey finds financial independence is taking longer for many adults, including millennials and Gen Xers, as housing costs, student debt and everyday expenses continue to strain budgets.

Hispanic consumer confidence improved slightly in the second quarter, but fewer said it was a good time to buy a home, a Florida Atlantic University survey found.

He let the bipartisan housing bill approved by Congress become law without his signature, saying he was refusing to put his name on it because of the little progress made in passing a strict voter ID bill that he has been pushing.

Federal Reserve minutes show officials remain split on where rates should go next, with some worried inflation will stay high because of the Iran war, AI-related costs and consumer expectations. The Fed kept rates unchanged in June, but policymakers were divided on whether to raise, hold or lower rates by year-end.

Storm forecasters have further downgraded predictions a little more than a month into the 2026 Atlantic hurricane season, which has so far produced a single named tropical system.

The average long-term U.S. mortgage rate drew closer this week to 6.5%, Freddie Mac reported, pushing up borrowing costs for prospective homebuyers.