Affordability drives buyers toward suburbs, outer-ring communities
Monthly payment considerations, rather than lifestyle preferences, are pushing more home buyers toward suburbs, small towns and exurban areas, Inman reported.
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Monthly payment considerations, rather than lifestyle preferences, are pushing more home buyers toward suburbs, small towns and exurban areas, Inman reported.
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A new study shows Floridaβs new-home market varies widely, from luxury-level pricing in Miami to larger pockets of new-home sales in Lakeland and Cape Coral. The numbers show why new construction may be a very different buyer conversation depending on the market.
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Many young adults living with parents are not out of the housing market β they are delayed by affordability. Realtors can help them compare rent, starter-home options, down payment programs and realistic timelines for buying.
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A title industry panel discussed how one developer-backed cryptocurrency platform could connect rent payments, digital rewards and future home purchases, raising new questions about how digital assets may fit into real estate transactions.
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Mixed economic reports are making the Federal Reserveβs next move harder to predict. Inflation remains a concern, while job growth came in weaker than expected, leaving buyers and sellers to watch how each new report could shift mortgage-rate expectations.
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Car ownership costs now rival mortgage payments in determining true housing affordability, with transit-accessible homes commanding a price premium nationally, according to new data.
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The VA updated appraisal requirements for VA-backed purchases and launched a new partial-claim option for veterans in default, giving real estate professionals timely information to share with VA buyers and homeowners who may need to contact their lender, servicer or VA.
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he average 30-year fixed rate mortgage rate fell to 6.43% from 6.49% last week, while the average 15-year rate dropped to 5.79% from 5.84%, mortgage buyer Freddie Mac said.
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A new survey found 47% of U.S. consumers were targeted by fraud last quarter, most through phishing, smishing or voice cloning, as AI lowers the cost of mortgage fraud schemes.
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A proposed HUD rule would change how the permanent chassis requirement applies to multistory manufactured homes, potentially lowering costs and making upper floors more practical. The issue is especially relevant in Florida, which has the nationβs largest manufactured/mobile home inventory.
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A new homebuyer survey found consumers favor buying over renting for the first time since 2023, with 53% saying buying is the better choice. Prices and mortgage rates remain the top barriers, but the findings give agents a reason to reconnect with renters, past leads and homeowners who paused their plans.
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Self-employed investors are buying more single-family homes, often using alternative loans that focus on rental income rather than traditional paychecks. The trend is especially relevant in Florida, where investor activity can shape both buyer competition and rental supply.
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