Florida Realtors® News
- Mortgage Rates Ease Slightly This Week April 24, 2025The rate on 30-year mortgages fell to 6.81% from 6.83% last week, Freddie Mac said. Borrowing costs on 15-year fixed-rate mortgages dropped to 5.94%.amyc
- Existing-Home Sales Slip 5.9% in March April 24, 2025Home buying and selling remained sluggish in March due to the affordability challenges associated with high rates, NAR Chief Economist Lawrence Yun said.amyc
- Changes Coming for Flying the Friendly Skies April 24, 2025Beginning May 7, adults need a REAL ID (with a star) or passport to fly. Florida driver’s licenses issued since 2010 meet the federal requirement.amyc
- Fla.’s March, 1Q Housing: New Listings, Supply Up April 24, 2025Florida Realtors Pres. Weisheyer: After years of low inventory and rising home prices, “we are experiencing a normalization of the real estate market in our state.”amyc
- Homebuying? Be Ready to Act April 24, 2025Homes are selling at varied speeds, but preparation matters everywhere. Agents suggest treating a home search like a job and touring listings promptly.amyc
- New Insurer Enters Florida Market April 24, 2025New insurer Patriot Select launches in Florida with $30M in capital, eyes 24K Citizens takeouts, pledges fast claims and aims to grow in the private market.amyc
- Citizens Policy Count Drops April 23, 2025The number of state-run insurance policies dropped to 806,966, the lowest since 2022, as private insurers took over policies in a depopulation effort.amyc
- Everglades Key to Clean Water Future April 23, 2025Florida’s drinking water depends on the Everglades, but pollution and saltwater intrusion threaten it. Restoration is essential to protect the region’s supply.amyc
- Rate Drop Boosts March New Home Sales April 23, 2025Lower 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.amyc
- March New Home Mortgage Applications Increased April 23, 2025Mortgage applications for new homes rose 5.5% year-over-year and 14% from February, the MBA said. The average loan size fell.amyc