Florida Realtors
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Boomers Now the Largest Share of Home Buyers
Baby boomers account for 42% of all home buyers, while millennials fall to 29% (down from 38% from one year ago), NAR said. Multigenerational home buying is rising.
Posted 1 April 2025 | 5:04 am
Rates Expected to Move Lower in 2025, 2026
Fannie Mae forecasts mortgage rates at 6.3% by year-end 2025, boosting home sales slightly. Rates may drop further, encouraging more buyers off the sidelines.
Posted 1 April 2025 | 5:04 am
How Long Should You Wait for Rates to Drop?
Mortgage rates remain near 7%, frustrating some buyers who expected lower costs. Experts say waiting for a big drop may not pay off, as small declines are likely.
Posted 1 April 2025 | 5:04 am
How Seasonal Demand Affects Florida Rent Prices
Florida rental prices fluctuate with seasons – rising in winter for snowbirds, dropping in summer. Renters can save by timing leases, while owners adjust for demand.
Posted 1 April 2025 | 5:04 am
Parents Are Paying Their Adult Kids' Bills
Many parents help cover rent and home purchases as young adults struggle to afford living independently. About one-third of 18- to 34-year-olds still live at home.
Posted 1 April 2025 | 5:04 am