For the third quarter (3Q), home prices rose 5.5% year-to-year and 2.1% quarter-to-quarter as a dearth of listings pushed the rate of price increases even higher.
In 2024, a conventional mortgage in most parts of Fla. (except Monroe County) will have a loan limit of $766,550, an increase of $40,350 from 2023’s $726,200.
Does a law limiting property insurance lawsuits apply to policies from before it went into effect? Appeal courts disagreed and the Fla. Supreme Court may decide.
The Sarasota Chamber brought local leaders in to discuss the housing shortage after 73% of local businesses said it affects their ability to recruit and retain workers.
To measure housing-cost inflation, the Consumer Price Index uses “the current cost to rent the house you own,” even though many mortgage payments won’t change.
It’s GivingTuesday, and AP interviewed people across the U.S. to find out what motivates them to get involved to help others, pets, the environment and more.
Sales were down 5.6% month-to-month, but they’re up 17.7% year-to-year and up 4.6% so far in 2023. About 30% of all Oct. home sales were new construction.
Some older adults won’t downsize because they want to transfer their “pride of ownership” to loved ones – but the younger generation wants to buy its own house.
The site-built home process hasn’t changed much over the decades, but modular building makes it more efficient by completing different tasks at the same time.