MBA: Mortgage Demand Drops Over Holidays

An economist said purchases have not yet picked up in response to the recent mortgage rate decline.

Foreign Buyer Registration Rules Effective Jan. 4

The Florida. Dept. of Commerce finalized its rules and their effective date pertaining to certain foreign principals who must register property ownership under a 2023 law.

U.S Home Flipping Down, Investor Profits Rising

ATTOM’s 2023 third-quarter report also shows Jacksonville and Lakeland are among the most active metro areas for flipping in the nation.

Fed’s Barkin Says Soft Landing ‘Conceivable’

Richmond Federal Reserve President Thomas Barkin said the U.S. is making “real progress” toward controlling inflation, but rate hikes are still possible.