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Daily Archives: May 15, 2025

Mortgage Rates Inch Up

Florida RealtorsBy GaryMay 15, 2025

The average rate on a 30-year mortgage increased to 6.81% from 6.76% last week while rates on 15-year mortgages ticked up to 5.92% from 5.89%.

How a Coat of Paint Can Change Everything

Florida RealtorsBy GaryMay 15, 2025

Designers say using color blocks with trim can refresh spaces without full repainting. Stick to 2-3 colors for cohesion and consider paint maintenance.

Bathrooms Evolve Into Wellness-Focused Retreats

Florida RealtorsBy GaryMay 15, 2025

Homeowners are prioritizing spa-inspired features like therapeutic showers, smart tech and natural materials to create calming, low-maintenance bathrooms.

Understanding Mortgage Rates

Florida RealtorsBy GaryMay 15, 2025

Mortgage rates affect home affordability and long-term costs. Rates vary by economy, loan type and borrower credit. Lower rates can save money.

Q1 2025 CRE Investment Rises 17%

Florida RealtorsBy GaryMay 15, 2025

Commercial real estate investment rose to $92.5B in the first quarter of 2025, driven by single-asset deals. Industrial and multifamily sectors saw strong growth.

Builder Confidence Down on Ongoing Challenges

Florida RealtorsBy GaryMay 15, 2025

Builder confidence fell to 34 in May, the lowest since 2022, amid rate, tariff and cost concerns. The NAHB said 34% of builders cut prices.

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