The National Association of Home Builders expects new home building will increase in the coming months as construction loan rates decrease.
New listings rose 1.6% month over month in August to the highest seasonally adjusted level in nearly two years and climbed 2.1% from a year earlier.
DOJ attorneys argue a dispute about permitting authority for projects that affect the state’s wetlands should go back to a federal district judge.
UM research: 21% of all new housing built in Fla. over past 20 years are in floodplains, which raises flooding concerns. But that figure is actually less than expected.
Lower rates, rising inventory and price cuts are boosting affordability and encouraging buyers to move from the sidelines.
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The expected Fed rate cut could have positive impacts on the housing market, including lower mortgage rates and easier qualifications for mortgages.
Mortgage-rate locks for second homes have dropped 13% since last summer – more than twice as much as rate locks for primary homes, Redfin reported.
Florida Realtors will be hosting webinars this week regarding practice changes, and NAR released a new Consumer Guide about compensation offers.
Fraudulent mailers are circulating, purporting to help members register or renew .realestate or .realtor domain addresses, the association warns.
