Florida Realtors News

Buyers are more focused on a home’s asking price in the face of higher interest rates. In a sellers’ market, pricing too high may work. Now it might be a deal breaker.

The S&P CoreLogic Case-Shiller index showed a 5.8% annual gain in home prices for Dec., down from 7.6% through the 12-month period ending in Nov.

The Chinese gov’t cracked down and lots of developer defaults in mid-2021 threatened world financial markets. But the crisis appears to have passed.

Residents of communities that require hurricane-resistant homes get a break on the cost of flood ins., but does it lower FEMA’s overall costs? A study says yes.

Study: The typical U.S. homeowner moved after 12.3 years in 2022, down from 13.4 in 2020 and 12.9 in 2021. But in Fla., only a Miami homeowner stays that long.

A mortgage lender program, “Equity Unlocker,” allows Amazon workers to pledge stock as collateral for their down payment rather than selling it to raise cash.

NAR study: The U.S. homeownership rate rose to 65.5% in 2021 – but Black ownership (44%) lags white ownership (72.7%) by 29 percentage points.

A seller seeing little interest after several months wonders what’s wrong with her house since the price is identical to similar homes that sold a year or so ago.

Investors expect the Fed to raise interest rates soon, and this week’s increase in the 30-year, fixed-rate mortgage reflects that. Last week it was 6.5%.

The U.S. House passed a bill to allow remote notarizations, a move NAR says it “has strongly supported … since 2018.” It now goes to the Senate for consideration.