Can’t Pay A Condo Assessment? What’s Next?

RE Q&A: Owners are required to pay special assessments. Boards may allow payment plans, while options such as reverse mortgages or selling may help manage costs.

Mortgage Rates Fall on Fed Cut Speculation

The average 30-year mortgage rate dipped to the lowest rate in months as markets increasingly expect a Federal Reserve rate cut in September.

Florida Consumer Sentiment at Three-Year High

The latest confidence index from UF found Floridians are feeling more optimistic about their personal finances and about the economy in the next year.

NAHB: Single-Family Construction Down in 2Q

Most regions posted declines, with the largest drop - 3.8% - in large metros, where multifamily output also fell. But most other markets saw multifamily growth.