A study by Florida Atlantic University found rents in Florida cities have started to go down, but demand is still strong. Jacksonville saw the biggest rent price decline in the nation.
"More than three-quarters of millennial home buyers would consider an interest rate higher than the national average of about 7%,” the study found.
Buyers are looking for key features, including open floor plans and smart-home technology, in their new homes.
Assumable mortgages are growing in popularity but come with challenges, the Wall Street Journal reported.
Despite predictions housing prices would come down, values keep rising in 2024. The reason? The tight inventory.
Experts say 2024 may be an opportunity for the commercial housing market to get back on solid footing by embracing shifting preferences and emerging trends.
A shipping-container home start-up aims to make homeownership attainable and ease the housing crunch. The industry is expected to grow to more than $67 billion in 2024.
Some finance experts say budgeting no more than 30% for housing isn’t a rule, but rather a recommendation.
The federal government launched a slate of incentives to transform office space to housing. Billions of dollars are now available to start transactions
Several Florida developers have opened “beachfront” communities with abundant amenities along manmade lagoons.