The Hometown Heroes Housing Program helps Floridians achieve homeownership with zero-interest loans for down payments and closing costs.
A new Redfin survey found 47% of renters feel a sense of belonging in their neighborhood, compared with 64% of homeowners.
Redfin found that more buyers are in the market because they have accepted mortgage rates will remain above 6% for the foreseeable future, among other reasons.
Florida starter home prices have jumped since 2018, with rising rates and investor competition making it more difficult for first-time buyers.
More than 300K mortgage refinances closed in Sept. and Oct. – the most in 2.5 years – as borrowers took advantage of interest rates in the low 6% range.
Florida saw 131K new residents in 2022-2023, while high-cost states like California and New York continued to experience population declines.
Smaller firms can thrive in Florida’s booming market by leveraging local expertise, managing costs, building labor ties and partnering on larger projects.
Two new guides – Agency and Non-Agency Relationships and The Appraisal Process – help customers make informed decisions and highlight a Realtor’s value.
AARP said older adults want to stay in their homes but rising costs and limited options are barriers. Affordable, safe and accessible housing must be prioritized.
Real estate firms can boost stability and growth by reassessing processes, setting clear goals, leveraging technology, and enhancing client relationships and marketing.
