Multigenerational living gains ground in Florida markets

Higher-priced, flexible homes are drawing more attention as families combine households. The shift is opening new opportunities for agents to match evolving buyer needs.

Mortgage Rates Rising to Start New Week

Last week was decidedly stronger for mortgage rates as they either held steady or moved lower on 5 out of 5 days. All told, it was a 0.14% drop from the previous week in terms of the average top-tier 30yr fixed rate.  The new week is starting out in opposite fashion with rates moving up 0.07% today

Florida ranks No. 1 for economic performance

Florida also ranked first 10th for future economic outlook. The rankings were fueled by strong domestic migration, job growth and gains in economic output, while the state’s tax and regulatory environment also helped boost its standing.

Rate-locked homeowners still reluctant to sell

While most homeowners with low mortgage rates say they plan to stay put, surveys suggest lifestyle shifts and affordability concerns may eventually drive more listings.