- The Federal Reserve cut its key rate to 4.1% and projected two more cuts this year as job growth slows and unemployment ticks higher.
- U.S. housing starts fell 8.5% as affordability slowed single-family construction, but lower interest rates may boost future building.
- Realtor.com’s report shows the U.S. market peaks Oct. 12–18 for buyers, while Florida’s best deals arrive late Oct.–Dec. with more listings and lower prices.
- At the Florida Realtors Convention, Chief Economist Brad O’Connor said home sales remain slightly below last year's while prices stay well above pre-pandemic levels.
- Wealthy buyers are opting for homes that balance convenience, style, and investment value rather than size and can be purchased in cash.
- Builder sentiment remained unchanged in September. Lower mortgage rates and a possible Fed rate cut lifted future sales expectations, while more builders cut prices.
- Florida law allows one year to start a storm claim. Helene deadline is Sept. 26, 2025. Milton deadline is Oct. 9, 2025. Supplemental claims get 18 months.
- Homebuyers are gaining leverage as sellers cut prices, offer concessions and listings linger, though affordability challenges keep sales near historic lows.
- A Fed rate cut is expected Sept. 17, but mortgage rates, shaped by investor demand and Treasury yields, could rise, steady or drop.
- With mortgage rates easing and home prices slowing, affordability has increased 3.1% YOY across the U.S. However, conditions remain well below pre-pandemic norms.
- Mortgage rates fell to an 11-month low, prompting more refinancing. Experts urge caution if the break-even period to recoup costs is over two years.
- Radon, an invisible gas and second-leading cause of lung cancer, can enter any home. Regular testing and affordable mitigation protect health and property values.
- Only about 2% of Americans achieve an 850 credit score. With steady habits and smart monitoring, anyone can move closer to top-tier credit and better loan rates.
- Many longtime homeowners hold large equity gains, but today’s market calls for early planning and careful pricing to ensure a smooth, profitable sale.
