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Mark Smego logo
Your source for Real Estate
  • Home
  • About
  • Properties
  • Blog
  • Testimonials
  • Contact
  • What’s My Home Worth?
  • Net Sellers or Buyers calculators
Mark Smego logo
Your source for Real Estate

Blog

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Mortgage rates ease after 9-month high

Posted on 06/6/2026
The average 30-year mortgage rate fell to 6.48%, while rates on 15-year mortgages fell to an average of 5.79%. When mortgage rates decline they give homebuyers more purchasing power.
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Property tax amendment heads to voters

Posted on 06/3/2026
Lawmakers approve a constitutional amendment that seeks to reshape Florida's property tax system. It must be approved by Florida voters during the November general election.
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Sellers face higher costs, delays on pre-listing renovations

Posted on 06/3/2026
Industry professionals said highly personalized upgrades and DIY projects often fail to deliver the resale boost sellers expect and may delay a home from reaching the market.
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Lawmakers to begin special session on property taxes

Posted on 06/1/2026
Florida lawmakers begin a special session today to consider Gov. Ron DeSantis' proposal to expand the homestead exemption and establish a path toward eliminating property taxes on primary residences. If approved by lawmakers, the constitutional amendment would go before…
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Many buyers misunderstand home insurance coverage

Posted on 05/27/2026
A new survey found many Americans misunderstand what standard homeowners and auto insurance policies actually cover, including flood damage, rebuilding costs and common exclusions. For Realtors, the findings underscore why insurance literacy should be part of affordability…
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Florida pending sales surge points to stronger months ahead

Posted on 05/20/2026
New pending sales of single-family homes in Florida rose 8% year over year in April, a sharp increase that Florida Realtors Chief Economist Dr. Brad O’Connor said could signal continued closed-sales growth into May and June.
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Florida’s March Revenue Just Over Forecast

Posted on 05/7/2026
The latest revenue report reached $3.97B – 1.5% above expectations, signaling the state’s economy is holding steady, which helps support buyer confidence.
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Average U.S. 30-Year Mortgage Rate Rises to 6.3%

Posted on 05/1/2026
Ending a 3-week slide, it’s up from 6.23% last week, but lower than the 6.76% a year ago. The 15-year FRM rose to 5.64%; it was 5.58% last week and 5.92% a year ago.
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Home Building Shows Signs of Stabilization in March

Posted on 04/30/2026
Housing production bounced back in March as builders increased starts despite headwinds. Overall starts rose 10.8% to a seasonally adjusted pace of 1.5 million.
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U.S. Consumer Confidence Edged Up in April

Posted on 04/29/2026
Consumers’ income expectations were slightly more optimistic and their perceptions of the labor market improved, but otherwise little else changed from March.
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Bathrooms Updates That Help Homes Stand Out

Posted on 04/20/2026
Safety, efficiency and modern design are driving bathroom updates. Even small upgrades can boost appeal, cut costs and help homes stand out to buyers.
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Mortgage Rates Dip for Second Week

Posted on 04/17/2026
Rates on 30-year mortgages dropped to 6.3% from 6.37% last week, and 15-year rates also eased, from 5.65% from 5.74% last week, Freddie Mac said.
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5480 N Ocean DrSinger IslandFL 33404US
(561) 404-7263
info@signatureflorida.com

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