New Home Buyers

New Home Buyers Gain More Leverage

New home purchase applications ↓~2% yearly in Early-Q2, while unadjusted volume ↓10% MoM as rates and uncertainty kept buyers selective nationwide now. Estimated new single-family sales ran at 655K annualized in Early-Q2, ↓~9% from Late-Q1’s 717K pace, signaling a cooler sales tempo for builders. Avg. new-home loan size moved from ~$382K to ~$378K,...

h Florida real estate market chart and data visualization, Miami Beach Brokers South Florida real estate market commentary

New Buyers Gain Access to Hot Markets Despite Tax Challenges

New homeowners in some US cities faced much higher property tax bills than long-time neighbors in 2025 due to assessment caps, which shifted more tax burden onto recent buyers. Effective property tax rates varied widely across cities, with commercial properties taxed significantly higher than homesteads. State-level reforms, like graduated tax structures, showed potential to reduce burdens on...