With mortgage rates hovering in the 6% to 7% range, many new buyers are looking for creative ways to save money. Temporary buydowns may be the answer.
Fannie Mae and Freddie Mac issued guidance regarding allowable interested-party contributions in light of the proposed Sitzer-Burnett verdict settlement agreement.
Creating a ‘know-like-trust’ relationship with clients takes effort but allows them to move forward with confidence, real estate pro Jimmy Burgess said.
New home construction starts fell 14.7% in March and overall permits are down by 4.3%. Headwinds will likely persist through April, analysts said.
A national survey showed 39% of consumers plan to move, and Florida is among the top destinations. About 13% prefer ranch-style homes.
A cut in the state’s commercial lease sales tax, from 4.5% to 2.0%, will begin on June 1, weeks earlier than originally expected.
The Florida Department of Agriculture’s finalized rules regarding foreign-buyer registration for agricultural property ownership took effect April 4.
The April NAHB/Wells Fargo HMI survey showed that 22% of builders cut home prices in April, down from 24% in March and 36% in December 2023.
Read a special digital supplement of Realtor Magazine with important content that dispels misinformation and myths about the proposed settlement.
Thousands of veterans are facing foreclosure as pandemic-era forbearances end. The new loan program is only available to eligible veterans
