Dreaming of a new home but feeling priced out? You’re not alone! According to a recent survey by Bankrate, 78% of aspiring homebuyers cite affordability issues as their primary deterrent.1   According to data from the U.S. Census Bureau, home prices have risen around 32% since the pandemic, and ele

The Federal Reserve (Fed) is a critical player in the U.S. economy, making decisions that influence interest rates, inflation, and financial markets. Homebuyers and real estate investors often feel its impact through changes in mortgage rates. Understanding how the Fed operates can help you make sm

The recent implementation of stricter building codes in Florida, as enforced by the Federal Emergency Management Agency (FEMA), marks a significant development in the state's approach to reconstructing homes post-hurricane. This initiative aims to elevate homes and ensure they meet rigorous flood s

In September 2024, mortgage applications for new home purchases increased by 10.8% compared to the same month last year, reflecting the ongoing appeal of newly built homes despite fluctuations in market conditions. The Mortgage Bankers Association’s (MBA) Builder Application Survey (BAS) shows that

  When preparing to buy a home, checking your credit report is a key step to ensuring smooth financing. Reviewing your report at least once a year helps keep your credit profile accurate and boosts your chances of qualifying for a mortgage with favorable terms. Understanding Your Credit

When it comes to retirement, Florida continues to be a top choice. WalletHub recently ranked four Florida cities—Miami, Orlando, Fort Lauderdale, and Tampa—among the nation’s best places to retire, thanks to low taxes and high-quality healthcare. Why Florida Ranks So High for Retirees Florida attrac

Florida Condo Associations Face New Reporting Requirements by December 31, 2024 As the December 31, 2024, deadline approaches, many Florida condo associations are required to complete two key inspection reports that could significantly impact condo buyers, sellers, and current owners. These reports

Starting October 1, 2024, Florida will implement a new flood disclosure requirement for residential real estate transactions. According to Florida Statute 689.302, sellers must now provide a flood disclosure to potential buyers at or before the time a sales contract is signed.   The fl

As the year progresses, positive trends have emerged in the real estate market, particularly with interest rates hitting their lowest levels in over a year. This has sparked increased activity among homebuyers and homeowners looking to refinance their loans. Interest Rate Drops Fuel Mortgage Applic

  Florida's property insurance market is showing promising signs of improvement, thanks to recent reforms and initiatives aimed at reducing costs and expanding coverage for homeowners. For first-time homebuyers and homeowners in Broward County, this news is especially relevant as it impacts both

Purchasing your first home is a significant milestone, but it can also feel overwhelming. By taking the right steps and working with professionals, you can approach the process with confidence. Here's a deeper look at essential tips for first-time homebuyers in Broward County. 1. Estab

Are you a dedicated member of our community workforce in Florida? Dreaming of owning a home? The Florida Hometown Heroes Housing Program is returning on July 1st, 2024 to turn your dreams into reality by making homeownership more affordable than ever for eligible community heroes like you!

A growing share of home buyers and sellers sat on the sidelines last year as the pace of home sales continued its downward trajectory.1 In fact, since the Federal Reserve began its series of interest rate hikes in 2022, the combination of higher borrowing costs and record-high home prices has fos

To avoid buyer's remorse, be sure to consider your future self when shopping for a home.   Most new homebuyers don't regret becoming homeowners. In fact, according to a survey by LendingTree, 80% of recent buyers who successfully overcame a challenging housing market say they're glad they found th

If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club.   Investing in real estate has long been one of Americans' favorite ways to grow their wealth. In fact, over 70% of single-family rental properties are currently owned b