Florida home construction cools, but growth pockets emerge

Florida recorded 51,444 new-home permits through the second quarter, down 7% from a year earlier, though Northwest Florida and several counties posted growth.

AI creating uneven real estate demand

New research finds AI is strengthening demand in some commercial markets while reducing space needs in others, depending on local jobs and industries.

Mortgage Rates Slightly Higher Despite No Fed Rate Hike

Heading into today's Fed announcement, futures markets indicated roughly a 1 in 3 chance that the Fed would hike rates. They did not. This seems like it should have been good news for rates, but there's a catch. Rates exist on a spectrum defined by "duration." Specifically, there are different rates

Federal Reserve votes 9-3 to leave key rate unchanged

The Fed held rates steady as inflation and energy prices remain high, though growing expectations of a September hike could keep borrowing costs elevated.