Housing Starts Retreat in May

High interest rates for loans held back housing supply as overall housing starts fell 5.5%, single-family starts declined 5.2% and multifamily fell 6.6%.

Some Buyers Beat High Rates Via Assumable Mortgages

Eligible sellers can transfer their assumable mortgages to qualifying buyers, allowing them to assume the seller’s low mortgage rates.

Buyers Snap Up Aging, Empty Office Buildings

Investors are finding opportunities in the office market as the commercial sector struggles with factors such as low tenant demand after the pandemic.

Housing Inventory Is Growing Fast in Fla.

Single-family home developers haven’t experienced a downshift in sales due to more inventory, however. Higher property insurance rates may be a bigger concern.