Micro Housing Gains Ground in Florida and Beyond
The small-space living trend is growing around the nation as renters want lower price points and amenity-rich, transit-oriented communities.
Why Gen Z Isn’t Buying Homes Yet
Gen Z makes up just 3% of buyers as debt, high costs and short-term money habits delay homeownership, even among high earners, data shows.
U.S. Mortgage Rates Drop, Lowest Since Early May
Rates on 30-year mortgages fell to 6.77% from 6.81% last week, while 15-year rates dropped to 5.89% from 5.96%, Freddie Mac said.
Citizens’ CEO: Florida Insurance Market Strong
Florida’s insurance market is rebounding, with rates stabilizing and Citizens’ policy counts declining – progress proving reforms are working, CEO Tim Cerio said.
Congress Moves to Curb Trigger Leads
New legislation prevents home buyers from being inundated with unsolicited calls, texts and emails from competing lenders offering loans.
FICO Adds Buy Now, Pay Later to Credit Scores
FICO will add buy now, pay later loans to credit scores, a move that could affect mortgage applicants as lenders begin factoring in the new credit data.
Rising Home Costs Shift Furniture Trends
Rising home prices are driving Americans to choose smaller spaces and smarter, quality furniture that’s adaptable, durable and worth the investment.
Pending Home Sales Increase 1.8% in May
NAR: Pending home sales rose 1.1% year-over-year. The West led monthly gains, while the Midwest and South grew yearly. Rates still drive buyer decisions.
Condo Law Changes Prompt New Forms, Webinar
Florida’s new condo law extends inspection deadlines and eases funding rules. Florida Realtors will soon release updated forms and host a June 30 webinar.
Powell: No Rate Change for Now
Fed Chair Jerome Powell said interest rates will remain steady for now, citing a solid economy, easing inflation and concerns prices will rise from tariffs.