Housing starts fell 3.1% in October, with single-family starts dropping 6.9%. Builders expect a more favorable regulatory environment in 2025 to boost the housing supply.
Visit Florida bumped up its post-hurricane marketing effort to $6.7 million, aiming to show tourists much of the state has been unaffected by hurricanes.
Core inflation remains high partially due to housing services prices, which rose 3.8% annually in September. The Fed is expected to cut rates again in December.
The National Association of Home Builders said builders expect market conditions to improve even with labor shortages and higher building material prices.
A new study found of those earning under $50,000 who struggle to afford housing, 21% have delayed or skipped medical treatments while 15% have worked a side hustle.
Some of the top digital marketing trends for real estate agents include virtual tours, personalized content, SEO, social media and AI tools to engage clients.