Baby Boomers Fuel Home Buying in These Fla. Cities

Baby boomers are buying homes in three Florida metros – Jacksonville, Tampa and Orlando – at a faster rate compared to other regions, a new survey found.

Renter Households Outpace Owners Nationally

Redfin: Rentership rates are lower in metros where it’s more affordable to buy a home. Cape Coral has the lowest share of renter households among metros analyzed.

Federal Reserve Set to Cut Rates Again

The Federal Reserve meets later this week and is expected to cut their benchmark rate by a quarter-point. Interest rates impact mortgage rates.

First-Time Buyers at 24%, Age Hits Record High

A record high 26% of buyers paid cash for their home and 17% purchased a multigenerational home, according to NAR’s new 2024 buyers and sellers profile.