Fla. Sept. Report: Single-Family Sales Up 6.1%

The increase breaks a pattern of declines, says Florida Realtors Chief Economist O’Connor, as prices rose 1.3%. For 3Q 2023, though, sales were down 3.2%.

FREC Sets Foreign Buyer Affidavit Workshop

On Oct. 24 at 1 p.m., FREC will focus on foreign buyer “Affidavits of Buyers of Property” and broker-held escrow deposits. The public is invited, virtually or in-person.

Mortgage Rates Keep Moving Higher: 7.63% this Week

The march toward 8% mortgages continued this week, with the 30-year, fixed-rate mortgage averaging 7.63%, up from last week’s 7.57%. A year ago, it was 6.23%.

MND Rate Index Officially Hits 8.0%, Highest in 23 Years

Our rate index has rapidly grown in popularity and exposure in recent years because it is timely and because it accounts for upfront costs in a way that other single-number indices cannot.  Because we began this effort in 2009, we can only technically say our index is the highest in 14 years, b