Noticias – Florida REALTORS

Noticias – Florida REALTORS

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  • Long-Term Mortgage Rates Decline for a Third Week mayo 23, 2024
    The average rate on a 30-year mortgage fell to 6.94% from 7.02% last week and borrowing costs on 15-year fixed-rate mortgages dipped 6.24% from 6.28%.
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  • April New Home Sales Decline mayo 23, 2024
    New home sales in the United States fell in April by 4.7% compared to the previous month. The average sale price nationally was $505,700.
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  • Roofing Materials That Stand the Test of Time mayo 23, 2024
    Roofing materials should be able to take the brunt of Florida’s weather while adding to curb appeal at the same time. Consider all of the options.
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  • Policymakers See Longer Path to Rate Cuts mayo 23, 2024
    The Fed said higher rates might be having a smaller effect on inflation because, in part, many homeowners locked in low mortgage rates during the pandemic.  
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  • Florida Insurers Cut or Hold Rates mayo 23, 2024
    Nine property insurance companies have  filed for 2024 rate reductions and 10 won’t be increasing rates at all. Is your company on the list?
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  • Affordable and Workforce Housing Barriers Continue mayo 23, 2024
    Bankrate found that Florida buyers need to earn $114,771 to purchase a median-priced home. New construction can’t keep pace with the demand for affordable housing.
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  • Existing-Home Sales Retreated 1.9% in April mayo 22, 2024
    NAR: Existing-home sales in the South dropped 1.6% from March to an annual rate of 1.9 million in April. The median price in the South was $366,200.
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  • Florida's April Home Sales, Median Prices Rise mayo 22, 2024
    Closed sales, median sales prices rose YoY for single-family, up 5.8% and 4.9% ($429.9K) and for condo-townhouse units, up 1.9% and 3.1% ($335K).
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  • VA May Suspend Ban on Buyer Agent Payments mayo 22, 2024
     A VA official said the department will temporarily allow veteran buyers to directly compensate their agents. The comments were not an official announcement.
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  • Impact of Interest Rates on Mortgage Payments mayo 22, 2024
    A swing in mortgage interest rates can translate into hundreds more per month and affect loan approvals. Use our graphic to help clients understand rate changes. 
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