Recent mortgage demand showed momentum, with purchase applications ↑4% weekly and ↑7% yearly, signaling buyers are still active despite inflation concerns today. Overall applications, including refinances, ↑~2% recently as buyers looked beyond a hotter cost-of-living reading and changing mortgage rates for today’s purchase decisions. Federal inflation...
Market Outlook
An expert expects South Florida housing to hold up despite economic headwinds, helped by a larger base of high-end cash buyers in the region. Cash buyers make up >50% of the market, giving the region demand support from purchasers less sensitive to rising mortgage rates overall. That buyer mix points to a market where rising mortgage rates may weigh less on...
US builder sentiment fell to 34 in Early-Q2, missing the 37 expectation and dropping from 38 previously, signaling worsening conditions in residential construction. Key components also weakened: single-family sales fell to 37, buyer traffic slipped to 22, and 6-mo sales expectations dropped to 42. The index stayed below 50 through 2025 and into 2026, a sign that...
El optimismo crece con tasas más bajas, impulsando liquidez y oportunidades selectivas.La gestión activa y la selección de activos serán clave tras 2024....
2025 existing home sales yearly: 24.0% 2025 existing home median sales price yearly: 9.0%...
Mortgage rates remain above 6%, with slight home price growth and low supply continuing to pressure affordability. Existing home sales expected to recover slightly from multi-decade lows due to limited inventory and affordability barriers....
Whether 2025 is a good time to buy a house depends on personal circumstances, local market conditions, and risk tolerance. While optimism exists due to expected lower mortgage rates, many still feel it's not the right time to buy. Key trends indicate that 42% expect mortgage rates to decline, but 38% anticipate rising home prices. The market will remain competitive, especially for first-time buyers....
Deltona-Daytona Beach-Ormond Beach is expected to see 18.7% growth in housing sales and prices by 2025. The area, known for its beach communities and tourism-driven economy, is an attractive location for buyers. Outdoor recreation and beautiful beaches contribute to its appeal. However, like many coastal areas, it faces risks related to hurricanes. Deltona-Daytona...
Lower mortgage rates and economic improvement will drive a recovery in home sales, particularly in luxury markets. Sustained demand for single-family and luxury homes will keep prices rising, although at a more moderate pace....
Price Slowdown Prediction: Analysts predict slowed price growth, not national declines. Significant price drops need over six months of supply Climate Change Effects: High insurance costs from storms and sea levels in Florida. Northern areas becoming more attractive....