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The law, which will take effect July 1, extends by one year the deadline for structural-integrity studies, which currently must be completed by Dec. 31, 2025
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Florida ranks No. 1 for economy, No. 2 in education and No. 6 overall in U.S. News’ Best States list — up three spots from last year.
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May, February and April bring the highest seller premiums, making this month a prime time to list, according to a 10-year ATTOM home sales analysis.
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Pending home sales jumped 9.8% in the South (including Florida) in March - leading all regions - as lower mortgage rates fueled strong spring homebuying activity.
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The U.S. remains millions of homes short as prices stay high and construction lags, leaving many buyers priced out despite recent building gains.
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Rates on 30-year mortgages fell to 6.65% from 6.67% last week, while rates on 15-year mortgages rose to 5.89% from 5.83% last week, Freddie Mac said.
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NAR's new Consumer Guide explains homeowners associations (HOAs), covering fees, rules and other important information, helping buyers make informed decisions.
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Costs like mortgage interest and personal property taxes up to a certain limit may be deducted to reduce tax bills, plus some home improvements in certain cases.
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Home renovations don’t have to be extensive and expensive. Instead, opt for smaller changes, like new outdoor lighting or interior painting, for a big change.
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NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow.
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Florida’s consumer sentiment has seen a notable positive shift, rising nine points in the last couple of months, a UF analyst said.
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The Federal Reserve expects to cut rates more slowly in 2025, which could impact mortgages and home sales.
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