Florida Sees Shift in New-Home Prices

Florida is among the top states seeing new construction price declines, creating potential opportunities for buyers as builders adjust to market conditions.

Buyers May Have Accepted a New Norm on Rates

Affordability headwinds persist as the 30-year fixed-rate mortgage rises again, yet the stream of mortgage applicants remains stronger than in 2024.

Mortgage Rates Barely Budge Today and This Week

While any rate watcher's bingo card should always have a few squares devoted to "unchanged, flat, etc.," this week's had at least as many squares reserved for a big reaction to inflation data.  Specifically, Tuesday's inflation data had the power to cause a big move in rates.  While it was

Builder Confidence Edges Up in July

Builders remained cautious as elevated interest rates and affordability challenges continued in July. Buyer traffic fell to its lowest level since 2022.