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.
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.
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.
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.
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.
Florida Home Insurer Wants Steep Rate Decreases
Florida Peninsula is seeking its largest-ever rate cuts: 8.4% for homeowner policies and 12% for condo policies, possibly starting Oct. 31 if regulators approve.
Mortgage Rates Fall: Is It Enough for Buyers?
With rates declining last week and mortgage applications for home purchases up, there’s hope on the horizon for slow markets, NAR said.
Milton Small Business Disaster Loans Still Open
Small businesses in eight Florida counties can apply for SBA low-interest loans until Sept. 15 to cover economic losses from Hurricane Milton.
Plant Choices That Add Beauty, Privacy
From colorful bougainvillea to fragrant jasmine, the right plants can boost curb appeal while making outdoor living spaces more tranquil and vibrant.
Builder Confidence Plateaus in August
High mortgage rates, weak buyer traffic and supply challenges kept builder sentiment low, with price cuts and sales incentives remaining common, the NAHB said.