
NAR: Existing-Home Sales Slid 1.0% in September
Existing-home sales fell nationally 1.0% in September to a seasonally adjusted annual rate of 3.84 million. In the South, existing-home sales decreased 1.7%.
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New Home Mortgage Applications Increase 10.8%
The increase in new home sales shows they continue to be an appealing option. The average loan size for new homes rose to $402,658 in September.
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Investors See Returns Along Florida's Highways
Florida’s pro-business mindset has encouraged commercial growth, which has led to years of steady growth, one investor said.
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Developers: Diversity Helps Build Communities
Real estate development should prioritize affordable housing and address barriers that have excluded Black developers, panelists said.
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