Mortgage rates increased after five weeks of declines, driven by stronger-than-expected economic indicators. Experts forecast minimal rate relief through late 2025 despite Federal Reserve predictions of future cuts. Waiting for rate drops may backfire as housing prices remain high and supply stays limited. Buyers can gain ground by exploring options like fixer-uppers, condos, or 15-year […]
This recently renovated 4-bedroom, 2-bath home in Downtown Longwood, Florida, is an exceptional property offering numerous upgrades and modern features with permits and city inspections completed for all renovations. Located within a short distance to the SunRail station and historic Downtown Longwood shops, it combines convenience and charm. Key Features and Renovations: Complete interior and […]
Modular, prefab, and 3D-printed homes are rising as faster, cheaper rebuilding options after disasters. Factory-built homes reduce labor needs and costs by using robotics and bulk-purchased materials off-site.
Florida Governor Ron DeSantis plans to propose a measure to end or drastically reduce property taxes, aiming for the 2026 ballot. He argues property taxes burden many homeowners and supports reform to favor traditional homeownership, requiring a 60% voter approval. Meanwhile, the state audits local government spending to reduce taxes, emphasizing funding essential services like […]
Here’s a quick update on Windermere’s housing market this month. Homes are selling at a similar pace as before. The number of homes available and being purchased remains consistent with last year.
Well maintained 2/2.5 in MetroWest. Stonebridge Lakes is close to major freeways, grocery stores, drug stores, dining, shopping, and several entertainment venues. This professionally maintained gated community has a swimming pool with cabana. All stainless steel appliances, and corian counter tops. The kitchen opens up to a large Great Room with sliding doors in the […]
Housing prices in some previously hot markets are expected to decline as inventory rises. High prices and mortgage rates have reduced affordability, slowing demand. Florida and Texas metros like Tampa, Austin, Miami, Orlando, and Dallas have seen notable price drops, aided by increased homebuilding. California and North Carolina also show slight declines, with sales down […]
Homeownership is becoming less financially stable as rising property taxes and insurance costs increase escrow payments, especially in states like Florida, South Carolina, and Georgia. FHA and VA loan borrowers face higher delinquency rates due to limited financial flexibility. Natural disasters and insurer market exits worsen the situation, pushing many homeowners toward missed payments and […]
Florida housing prices have dropped for the fifth consecutive month in 2025, with single-family home sales down 2.8% and condo-townhouse sales down 11.8%. Median prices are $410,000 for single-family homes and $295,000 for condos. Rising inventory, high mortgage rates around 6.5%, and economic uncertainty are driving this trend. Buyers gain negotiating power, while sellers must […]
Tariffs raise new home costs $8K–$11K; builders can mitigate by sourcing domestic materials. Construction costs could add $3B statewide; bulk purchasing and early inventory stockpiling help control expenses. Permits fell from 5K to 2,250 year-to-date; phased construction schedules ease cash-flow pressure. Smaller suppliers face ↑ 7% cost increases; partnerships and fixed-price contracts reduce pricing uncertainty. […]