The median home price rose 3.8% to $398,400. Southern sales climbed 4.4% in February but dropped 4% year-over-year, according to NAR.
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The median home price rose 3.8% to $398,400. Southern sales climbed 4.4% in February but dropped 4% year-over-year, according to NAR.
The rate on 30-year mortgages rose to 6.67% from 6.65% last week. Borrowing costs on 15-year fixed-rate mortgages rose to 5.83% from 5.8%.
Florida Realtors Chief Economist: Fla.’s single-family inventory is at a 5.3-months’ supply, suggesting it has moved out of a seller’s market into relative balance.
Popular home exterior trends include natural wood elements, painted brick, hardscaping with outdoor living spaces and ambient outdoor lighting.
A Pew Research survey of 3,600 U.S. adults revealed the ideal ages for life milestones: marriage (26.5), first child (27.3), home purchase (28.8) and retirement (61.8).
Home staging boosts appeal and value, with 81% of agents saying it helps buyers visualize a home. Effective staging may help sell homes faster and at higher prices.
Unmarried couples can successfully buy a home together with proper planning. A co-ownership agreement clarifies responsibilities and protects both parties.
NAR’s new Consumer Guide explains homeowners associations (HOAs), covering fees, rules and other important information, helping buyers make informed decisions.
NAR announced the names of the 50 finalists vying for its 2025 30-Under-30 class, and five are from Florida. Voting for a Web Choice Winner opens April 2.
Builders continue to face elevated building material costs and other supply side challenges, the NAHB said. However, they are seeing regulatory relief.
A beautiful lawn adds curb appeal to any property, so proper maintenance is essential. Don’t overwater, mow too short or let pests take hold.
Hispanic homeownership rose 5.8 percentage points (3.5M owners) from 2013-2023, the largest increase among racial groups, NAR also said.