Florida home prices are expected to fall about 1.9% in 2026, some metros more. Inventory is rising, moving supply toward a balanced buyer-seller market. Many markets now have 5–5.4 months of supply, signaling equilibrium. Homes in parts of Florida take longer to sell, giving buyers more leverage. Lower mortgage rates and slower price growth slightly […]
A fixed-rate mortgage can offer long-term payment stability, while an adjustable-rate mortgage may start with a lower initial payment and more variability over time. Talking with a certified financial counselor can help you understand how housing costs may fit into your overall budget. It also helps to account for additional costs like insurance, property taxes, […]
First-time homebuyers can run into common mistakes when setting a budget, reviewing their credit profile, and researching neighborhoods. Some buyers also overlook how mortgage pre-approval works and the basics of different loan options, including government-backed loans. It can help to keep the full monthly housing cost in mind, including items like taxes, insurance, and closing […]
International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations […]
Existing home prices are expected to decline in many U.S. cities as sellers respond to price cuts by homebuilders, who have lowered new home prices by about 15% since 2022. The typical home price is now nearly five times the typical income, exceeding historical affordability norms. New homes are currently priced lower than existing homes, […]
Central Florida's housing market showed a sharp rebound in January with new listings up 59.5% and pending sales rising 24.4%, though closed sales fell about 25%. Average days on market hit 81, the longest since 2016, with a median price of $370,000. Easing mortgage rates around 6.10% and increased inventory are giving buyers more options […]
Rent growth may resume by late 2026 — reasons for investors to stay. Some rentals are softening, but investors shift to build‑to‑rent & workforce units. Population is exploding — Orlando grew ~12.7% in five years, boosting demand. Vacancy is high but stabilizing, keeping investors cautious, not gone. New supply slowed, meaning less competition for investors […]
Experts say February drops look unlikely as the Fed holds rates steady. Economists expect mortgage rates to hover near 6.0%–6.1% through 2026. Rates won’t fall meaningfully until long-term inflation expectations cool. Spring buying, politics, and global uncertainty could push rates higher short-term. Meanwhile, the median U.S. home price hit $405,400, keeping buyers rate-sensitive.
Mortgage refinancing involves replacing an existing mortgage, which may help change the interest rate, adjust loan terms, or access home equity. Potential benefits can include different monthly payments and more predictable terms, but closing costs often fall around 1% to 5% of the loan amount, plus possible penalties depending on the loan. Timelines vary, but […]
To compare mortgage options, start by reviewing your income, debts, and debt-to-income ratio (some lenders may look for around 36%, but it varies). Learn common mortgage types (fixed, adjustable, FHA, VA, USDA, jumbo, or interest-only) and how they work. Check your credit score, think through a housing budget using general guidelines like the 28%-36% rule, […]