Mortgage applications for new homes rose 5.5% year-over-year and 14% from February, the MBA said. The average loan size fell.
Lower mortgage rates and tight existing inventory helped push March new home sales up 7.4% month-over-month and 6% year-over-year, the NAHB said.
Drought is gripping Florida, sparking dozens of wildfires statewide. Burn bans are in effect across many counties as crews brace for more.
Florida’s drinking water depends on the Everglades, but pollution and saltwater intrusion threaten it. Restoration is essential to protect the region’s supply.
Changes to tariff policies could affect home sales in each state differently. A NAR analysis breaks down what it could mean in Florida and the nation.
The number of state-run insurance policies dropped to 806,966, the lowest since 2022, as private insurers took over policies in a depopulation effort.
Home equity rose to $35T since 2020, but higher taxes, rates and lending limits make it harder for homeowners to benefit from that wealth.
More than a third of Americans faced financial fraud in a year, and most have been scammed at some point. Many now take precautions.
Luxury buyers want outdoor spaces that evoke emotions, such as sculptural furniture, bold palettes, eco materials and serene, spa-like vibes.
AI is transforming real estate but comes with risks: it can lie, amplify bias, aid scams and lack security. Use it wisely, and always verify and protect data.
