Starter Home Prices See Largest Increase

Florida starter home prices have jumped since 2018, with rising rates and investor competition making it more difficult for first-time buyers.

Report: Borrowers Pounced on Autumn Rate Drops

More than 300K mortgage refinances closed in Sept. and Oct. – the most in 2.5 years – as borrowers took advantage of interest rates in the low 6% range.

U.S. Homebuying Demand Remains High

Redfin found that more buyers are in the market because they have accepted mortgage rates will remain above 6% for the foreseeable future, among other reasons.

New NAR Guides Clarify Agency Roles, Appraisals

Two new guides – Agency and Non-Agency Relationships and The Appraisal Process – help customers make informed decisions and highlight a Realtor’s value.