Older owner households are driving growth and holding homes longer, while younger households enter as renters, shaping inventory, turnover and rental demand.
Florida Realtors: Single-family home sales were up 0.9% YoY, median prices were stabilizing and inventory levels suggested a return to normal season patterns.
Strong remodeling activity shows homeowners reinvesting instead of selling, shaping inventory now and creating future listing opportunities for Realtors.
Rates on 30-year mortgages fell to 6.06% this week from 6.16% last week. A year ago, the rate averaged 7.04%. Rates on 15-year fixed-rate mortgages dropping to 5.38%.
If there’s a strategy that could potentially cut someone’s costs by 25%, they’d be foolish not to at least consider it, a LendingTree financial expert says.
During divorce, homeowners face decisions about selling or keeping a home, qualifying for a mortgage on one income and handling housing costs linked to children.
An analysis of Florida homes showed that properties located roughly a football field away from newly installed traffic noise barriers saw prices rise by nearly 7%.
Organizing storage, deep cleaning, updating lighting and refreshing exterior details can keep a home looking polished and well cared for during winter months.
Mortgages with rates above 6% now exceed the share below 3%, marking a post-pandemic shift as higher borrowing costs reshape homeowner behavior.
Low-cost projects like a freshly painted front door, trimmed landscaping, power washing and updated lighting can noticeably improve a home’s exterior without major spending.
