Most aspiring buyers say finances are blocking homeownership

A new FICO survey found that 74% of prospective homebuyers said financial barriers kept them from purchasing a home this year, with high prices and interest rates topping the list. The share rose to 85% among first-time buyers, while nearly 6 in 10 Americans said they do not fully understand the hom

Mortgage Rates Bouncing Higher to Start The Week

Last week ended on a promising note with Friday's rates falling just barely below the previous Friday's levels. This was a relief after the top-tier 30yr fixed rate matched 11-month highs for the average lender earlier in the week. Unfortunately, rates are starting the new week by heading back towar

Florida metros logged nearly 7,500 new-home permits in June

Tampa led with 2,300 permits in the state, followed by Southwest Florida with 1,895. Together, the two regions accounted for about 56% of the total.

When a listing lingers, start with the data

Before recommending a price change, listing agents should review the home’s marketing, buyer feedback and comparable listings. A clear record of exposure can help sellers understand what the market is showing and make the next step feel less emotional.