
July Existing-Home Sales Advanced Nationwide
NAR’s chief economist said consumers are seeing more choices, and affordability is improving due to lower interest rates.
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Fla.’s July Housing: New Listings Up, Prices Ease
New listings and inventory levels in July rose YoY for both single-family homes and condo-townhouses while single-family sales were up 5.2%. Condo sales fell 1.2%.
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Vacation Rental Industry Lobbying Steps Up
Groups are stepping forward to stop restrictions on short-term rentals. In June, Gov. DeSantis vetoed a vacation rental bill, action Florida Realtors supported.
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3rd Best Day For Rates in Over a Year
Although the day to day changes in mortgage rates have been modest recently, the slow and steady improvement has brought the average top tier 30yr fixed rate back near the lowest levels in more than a year. Apart from 2 days earlier this month, rates are as low as they've been since May, 2023.
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