Sales of existing single-family homes in Florida rose 8% in the third quarter, according to the Florida Association of Realtors.Resales totaled 40,881 statewide, compared with 37,917 a year earlier, FAR reported. The median sales price of homes sold in the third quarter hit $141,300, up 8% from $131,200 in the third quarter of 2001. Among the state's larger metropolitan statistical areas, resales increased 13% in Jacksonville, 8% in Orlando, 7% in Tampa-St. Petersburg-Clearwater, and 2% in Miami, FAR said.
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Over one-third of the Wolters Kluwer survey participants believe the next Fed move will be to boost short-term rates, but most expect one cut next year.
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The National Association of Home Builders Remodeling Market Index for the second quarter posted a reading of 61, a one-point decline from the first quarter.
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The new Mortgage Bankers Association research adds to debate over whether Fannie Mae and Freddie Mac should allow a less costly alternative to the tri-merge.
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Wide regional variances appeared in housing-start activity in 2025, when the traditional leading builder markets all saw numbers decline by as much as 15%.
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The bill, which passed with wide bipartisan support, will become law at midnight if President Donald Trump doesn't veto it.
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Total application volume fell by over 13.000 units on a month-to-month basis, with declines in purchase and refinance activity, Keefe, Bruyette & Woods said.
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