Hometown Heroes Housing Program Reopens
Eligible first-time buyers can receive up to $35K for down payments and closing costs through the Hometown Heroes Housing program, a Florida Realtors’ priority.
Great Gifts For New Homeowners
Agents can strengthen customer connections after closing with thoughtful gifts that include kitchen gadgets, cozy decor and practical household items.
Adjustable-Rate Mortgages Making a Comeback
About 10% of mortgage applications are now for adjustable-rate mortgages, above 2010s levels, with longer intro rates and tighter borrower screening.
Single-Family Starts Edge Slightly Higher
Housing starts increased 5.2% in July but affordability remains a challenge. Combined single- and multifamily starts fell 2.4% in the South YTD.
July New Home Mortgage Applications Increase
Mortgage applications jumped by 6.8% YoY in July and 7% from June, driven by slightly lower mortgage rates and more newly built inventory.