Some property owners with flood insurance through the National Flood Insurance Program (NFIP) will soon have a more flexible payment option.
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Some property owners with flood insurance through the National Flood Insurance Program (NFIP) will soon have a more flexible payment option.
A new NAR Consumer Guide provides customers with info about the steps in the homebuying process, answering questions about escrow, appraisals and more.
The last time Citizens ended the year with fewer policies than it started was 2018, when the count was reduced from 440,406 policies to 427,397.
Existing home sales in the South climbed 2.9% from September to an annual rate of 1.77 million in October, up 2.3% from one year earlier.
Florida Realtors Chief Economist: New listings of homes for sale in October were impacted by Hurricanes Milton and Helene. Inventory levels rose YoY.
The average 30-year mortgage rate rose to 6.84% from 6.78% last week, the highest since July. Rates on 15-year fixed-rate mortgages increased to 6.02% from 5.99%.
The National Association of Home Builders said builders expect market conditions to improve even with labor shortages and higher building material prices.
A new study found of those earning under $50,000 who struggle to afford housing, 21% have delayed or skipped medical treatments while 15% have worked a side hustle.
Challengers argued the utility storm-protection plans didn’t assess whether proposed projects placed unnecessary financial burdens on customers.
Core inflation remains high partially due to housing services prices, which rose 3.8% annually in September. The Fed is expected to cut rates again in December.
On a year-over-year basis, home prices rose 5.9%, which is the smallest annual increase since December. Buyer demand is coming back.
Housing starts fell 3.1% in October, with single-family starts dropping 6.9%. Builders expect a more favorable regulatory environment in 2025 to boost the housing supply.