Fla.’s May Housing: Inventory Up, Median Price Flat
Florida Realtors: YOY single-family home median price flat at $419.9K, supply at 2.7 months. YOY condo median price up 0.9% to $325K, supply stands at 3.6 months.
Mortgage Rates Decline a Bit, Hit 6.67%
It’s the third weekly drop in a row and down from last week’s average of 6.69% for a 30-year, fixed-rate mortgage. A year ago, rates were 5.81%.
Inflation Isn’t as Bad as It Looks
The widely used CPI compares year-to-year prices, so if prices were steady for one year but saw a 10% increase in Jan., the next 12 months’ CPI would reflect 10% too.
Categories
Recent Posts
$20 Million Tennessee Compound Comes with a Music Studio, Helipad—and Its Own Wedding Venue
Frank Lloyd Wright-Inspired Home Tucked Away on 5 Wooded Acres Is Listed for $1.23 Million Near Portland
Waterfront ‘Taj Mahal’ on Mississippi’s ‘Secret Coast’ Returns to the Market With $2.5 Million Price Tag
Four Seasons Targets Lake Austin for Its First Residential Complex, Defying Market Softness
How Craftsman Architecture Created a Highly Sought-After Style of Home To Rebel Against Mass Production
REVEALED: All the Celebrities Who Have Flocked to Nashville in Pursuit of a Slower Life—and Fewer Paparazzi
Tiger Woods Spearheads Gated Golf Community in Texas with Luxury Homes Starting at $1M
Denver’s Historic $10.75 Million ‘Tom Shane’ Estate Hits the Market as City’s Second-Most Expensive Home
Ex-MLB Star James Shields Cuts Price on Modern Rancho Santa Fe Estate to $19.9M
Off-Grid Earthship Home Hits the Market for $625K in Wyoming