
NAR: Existing-Home Sales Dipped 2.5% in August
The inventory of unsold existing homes improved by 0.7% from the previous month to 1.35 million at the end of August, or the equivalent of 4.2 months’ supply.
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Fla.’s Aug. Housing: New Listings Up, Prices Ease
New listings, inventory levels up YoY for both single-family homes and condo-townhouses. Single-family median price eased 0.8% YoY, condo-townhouse median down 4.3%.
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Hometown Heroes: 2024 Funds Depleted, 6K+ Helped
Less than two months after receiving $100 million from the state Legislature, Floridians have reserved all available Hometown Heroes Housing program funds.
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Redfin: Housing Payments Post 4-Year Decline
Monthly housing payments are down nearly $300 from April’s all-time high, but pending sales are still lagging. The Fed rate cut on Wednesday could help.
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