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What Baby Boomers and Millennials Want in Homes

By Florida Realtors - August 26, 2025
"Millennials often prioritize open layouts, smart features and lifestyle needs, while Boomers seek low-maintenance, traditional homes with long-term investment value." (Florida Realtors, 2025) "CHICAGO — Boomers and Millennials often hunt for homes in the same neighborhoods, but they are looking for very different things, NewHomeSource reports. Why it matters: Understanding the generational d

Mortgage Rate Spread Offers Good News for Buyers Nationwide

By Mortgage Point Daily News - Demetria C. Lester - August 26, 2025
Mortgage Rates Keep Falling, Giving Buyers More Buying Power Ahead of Fed Rate Cuts (Lester, 2025) "Mortgage rates have been able to decline further than treasury yields because the mortgage spread, or difference between 10-year treasury yields and mortgage rates, has decreased to its lowest point in more than three years— according to a recent report from Redfin. As of August 22, the margin

NAR: Existing-Home Sales Increase 2.0% in July

By Florida Realtors - August 21, 2025
"National home sales ticked up in July, led by steady month-over-month growth in the South, Northeast and West. Inventory reached its highest since 2020."(Flordia Realtors, 2025) "WASHINGTON – Existing-home sales increased by 2.0% in July, according to the National Association of Realtors® Existing-Home Sales Report. The report provides the real estate ecosystem, including agents and homebuyer

Slow Summer Pace Drives Home Sales Downward

By Mortgage Point Daily News- Demetria C. Lester - August 19, 2025
Rising Costs and Cautious Sellers Slow Market Momentum as Buyers Gain Negotiating Power (Lester, 2025) "The average home that was under contract in July was listed for 43 days. According to a recent report from Redfin, reflecting the largest duration for any July since 2015 and up from 35 days a year earlier. Due to declining demand brought on by high homebuying expenses and economic uncertai

Hometown Heroes Housing Program Reopens

By Florida Realtors- Amy Connolly - August 19, 2025
"Eligible first-time buyers can receive up to $35K for down payments and closing costs through the Hometown Heroes Housing program, a Florida Realtors' priority." (Amy Connolly, 2025) "TALLAHASSEE, Fla. — A new application period for Florida’s Hometown Heroes Housing program is underway, offering eligible first-time buyers much-needed funds toward a down payment and closing costs on a new home

Florida Shines as a Best State to Live

By Florida Realtors - August 14, 2025
"Florida ranks sixth nationally and highest in the Southeast in WalletHub’s livability study, excelling in economy, quality of life and dining options." (Sophia Fanning, 2025) "TAMPA, Fla. — In a study of all 50 states, Florida was the only state in the Southeast U.S. to make WalletHub's list of the top 10 best states to live in. The study compared 51 different factors of livability, includin

Expanding Your Home with a Room Addition

By Florida Realtors - August 14, 2025
"Creating extra space at home can boost comfort and enjoyment, offering room for work, play and gatherings with careful planning and investment." (Florida Realtors, 2025) "NEW YORK – No one enjoys being in cramped quarters. When homeowners feel their walls are closing in on them, many choose to build space via a room addition. Room addition projects are extensive and expensive undertakings, with

The Resurrection of Vacant REO Auctions: Good News for Housing

By Mortgage Point Daily News- Daren Blomquist - August 13, 2025
Vacant Bank-Owned Homes Hit 4-Year High, Opening Doors for Affordable Housing and Neighborhood Revitalization (Blomquist, 2025) "The number of vacant properties available for bank-owned auction rose to a more than four-year high in the first quarter of 2025, according to Auction.com data. That’s good news for prospective auction buyers who are less experienced and more risk-averse—including ow

New Construction Surges, Offering Buyers More Options

By Mortgage Point Daily News- Demetria C. Lester - August 08, 2025
"New Builds Offer More Affordability" (Demetria C. Lester- Mortgage Point Daily News, 2025) In Q2 2025, the price premium above existing homes fell to a historic low of 7.8%, making new building a more appealing and affordable option for today’s consumers. In addition to being more common than in previous years, newly constructed homes are also more affordable per square foot than existing homes,

For Homebuyers With Limited Savings, PMI Offers Possible Path to Ownership

By Mortgage Point Daily News- Eric C. Peck - August 07, 2025
"Private Mortgage Insurance Opened the Door to Homeownership for 800,000 Americans in 2024—Majority Were First-Time Buyers" (Eric C. Peck- Mortgage Point Daily News, 2025) "An analysis of data from U.S. Mortgage Insurers (USMI) shows that private mortgage insurance (MI) helped more than 800,000 low downpayment borrowers qualify for home financing in 2024. Last year, homebuyers were forced to

Hometown Heroes Occupations Approved

By Florida Realtors- Amy Connolly - August 04, 2025
"Applications for the 2025 Hometown Heroes Program should open Aug.18; My Safe Florida Home grants reopen today. Both were Florida Realtors’ 2025 legislative priorities." (Connolly, 2025) "TALLAHASSEE, Fla. — Nurses, classroom teachers, social workers and public defenders are among the dozens of occupations approved Friday for the 2025 Hometown Heroes Program, which provides down payment and c

Florida Ranks High Among 2025 Movers

By Florida Realtors News - July 29, 2025
"Florida continues to attract new residents, particularly Baby Boomers, in 2025, thanks to warm weather, no income tax and affordability." (Florida Realtor News, 2025) "The simplest way to determine which states are attracting the most potential residents is to examine net migration data. The latest figures from the U.S. Census Bureau (USCB) paint an interesting picture of a nation with 340 mi

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