Florida Realtors News
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Only 8% of recent buyers feel they overpaid, down from 15% in 2023. Realtor.com said today’s slower market is giving shoppers more time to make deliberate decisions.
Rates on 30-year mortgages ticked up to 6.26% from 6.24% last week, while borrowing costs on 15-year mortgages averaged 5.54%, up from 5.49% last week.
Buyers took advantage of lower mortgage rates, lifting sales and pushing prices higher for the 28th straight month as supply edged down.
A sharp divide among Fed officials has made a December rate cut uncertain, which could ultimately influence mortgage rates and keep borrowing costs elevated.
Homeowners have several ways to stay current on mortgage payments, from online portals to mail or phone. Extra payments can also shorten the loan term.
More than half of U.S. adults say Thanksgiving hosting influenced their latest home search, with Gen Z and millennials most likely to prioritize big kitchens and gathering spaces.
FAU’s latest poll shows 80% of Americans are concerned about housing costs, yet many remain hopeful about future opportunities despite rising everyday expenses.
NAR’s 2025 Profile of Real Estate Firms finds most are concerned about housing affordability and rising business costs, even as more expect stronger profitability.
Once implemented, the project is expected to return more than 40 million gallons of water per day to the Floridan aquifer system.
The 2026–28 plan introduces 24 initiatives to modernize operations, reinforce professionalism, drive legal protections and promote property ownership.