Florida’s unemployment rate ticked up for the 7th month in a row in March to 4.7%, reflecting about 523K qualified as out-of-work from a labor force of 11.15M.
NAHB: The latest data shows remodeling remains strong for the residential construction market, reflecting sustained consumer demand and industry confidence.
Real estate Q&A: A new survey found the overlap, not uncommon as property lines don’t always match assumptions. Confirm the results first, then talk to the neighbor.
The government’s spending and investment grew at a 9.3% annual rate in Q1 while consumer spending growth slowed to 1.6%. Q1 covered about a month of the Iran war.
Realtor.com April report: U.S. home prices fall for 6th straight month, but fewer price cuts indicate that sellers are entering the market with realistic expectations.
Open houses can generate traffic, widen the pool of potential buyers, shorten the decision window and support stronger offers, plus reinforce buyer trust.
Ending a 3-week slide, it’s up from 6.23% last week, but lower than the 6.76% a year ago. The 15-year FRM rose to 5.64%; it was 5.58% last week and 5.92% a year ago.
Thoughtful planning can help would-be home buyers prepare for the experience. A clear look at finances and budget is a good place to start.
Prices rose 3.5% compared to a year ago, pushing inflation further away from the Fed’s 2% target, likely leaving interest rates on hold at least for now.
For the second month in a row, Floridians are feeling less confident about their finances, due to higher gas prices, other rising costs and accelerated inflation.
