In Q1 2024, 86% of owners had a rate below 6%, down from the 2022 high of 93%. Rates need to dip more for the lock-in effect to loosen further.
Single-family permits surged in Q2 2024 despite high rates, driven by high demand. Multifamily permits dropped due to tight financing and excess inventory.
New insurer Trident Reciprocal Exchange joins five others taking over Citizens Property Insurance policies, reducing the state-run insurer's policy count.
Gen Z renters, born between 1997 and 2012, prefer softer lighting and quirky décor, using social media for design trends to merge functionality with visual appeal.
Americans are increasingly becoming more comfortable with living in homes under 500 square feet, with affordability being a key factor.
Financial pros generally recommend keeping financial records for seven years. Check with the IRS and state tax collectors’ websites for the specifics.
Florida Realtors and NAR rolled out new tools to help Realtors navigate the Aug. 17 practice changes, focusing on building trust and showing value to buyers.
What does it take to become a social media influencer? Providing a mix of relatable and aspirational content that traditional advertising often fails to deliver.
Real estate professionals are figuring out ways to highlight pet-friendly property features to entice consumers.
Nationwide, buyers are putting down more money to offset high mortgage rates. Two Florida cities, however, rank among the lowest for median down payments.
