The median U.S. home price is $412K, requiring 10 workdays per month to afford. In Florida, it’s 11 days. Midwest buyers need a week or less.

Millennial buyers say they want a home with a median of 2,408SF, the most requested amount of interior space compared to other generations

The insurer also agreed to pay $4M in fines and update its policies after the attorney general's investigation found fraudulent reimbursement claims.

Homeownership is possible without family gifts. Focus on your own goals, build a support team, explore down payment programs and get creative with financing options.

The decline, in line with national sentiment, was particularly pronounced among Floridians with an annual income over $50,000, a UF study found.

Baby boomers account for 42% of all home buyers, while millennials fall to 29% (down from 38% from one year ago), NAR said. Multigenerational home buying is rising.

Fannie Mae forecasts mortgage rates at 6.3% by year-end 2025, boosting home sales slightly. Rates may drop further, encouraging more buyers off the sidelines.

Mortgage rates remain near 7%, frustrating some buyers who expected lower costs. Experts say waiting for a big drop may not pay off, as small declines are likely.

Florida rental prices fluctuate with seasons – rising in winter for snowbirds, dropping in summer. Renters can save by timing leases, while owners adjust for demand.

Many parents help cover rent and home purchases as young adults struggle to afford living independently. About one-third of 18- to 34-year-olds still live at home.