The report highlighted Florida’s high number of small business loans approved. 

Homebuilders expressed “cautious optimism” that the lack of existing inventory would drive demand for new homes despite high construction costs and interest rates, the National Association of Home Builders reported.    

“Latinos are more mortgage ready. Latinos have made strides in income and are more educated in the homebuying process,” said Nidia Fromenta Peguero of Century 21 North East in Danvers, Massachusetts. “They don’t want to rent anymore.”

The Mortgage Bankers Association noted the increase in borrowing activity came despite the 30-year fixed mortgage rate climbing to its highest level since November 2022. 

Vice President of Association Affairs Jennifer Wauhob brings over a decade of experience to her new role with NAR.

As rising mortgage rates cool the market, the share of U.S. homes worth at least $1 million has fallen from an all-time high last year.

In January, home prices were up 5.5% annually and down 0.2% monthly, CoreLogic reported, citing its monthly Home Price Insights report. 

Keeping things in historical perspective can be tough when mortgage rates have roughly doubled in the last year. Mike Del Preto, a senior mortgage advisor at Fairway Independent Mortgage Corporation, helps provide a closer look at the numbers.

This massive Las Vegas home is all about luxury: six bedrooms, nine bathrooms, expansive views … and a secret portal to Italy.

Nearly 55 years after the Fair Housing Act was signed into law, Black homeownership still lags behind white homeownership.

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

Thirty-seven communities across the country made CoworkingCafe’s list of top coworking suburbs, including one in South Florida.

Miami developers Terra and AB Asset Management have secured funding for a luxury condominium building in the heart of Coconut Grove. 

Many feel they could have made a higher profit if they’d made better decisions. But are those regrets valid?

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

The 8.1% month-over-month increase in the National Association of REALTORS® Pending Home Sales Index was the largest gain since June 2020.