Florida condo-townhome sales rise as pending deals grow
Florida’s condo-townhome market posted stronger year-over-year sales activity in May, with closed sales up 6.6% and new pending sales up 9%, according to Florida Realtors data. Chief Economist Dr. Brad O’Connor said the pending-sales gain means the category’s nine-month streak of higher closed sales
Pending sales offer early look at summer market
New pending sales rose year over year in May, according to Florida Realtors data. Single-family pending sales increased 4.8%, while condo-townhouse pending sales rose 9%, offering an early signal of summer buyer activity as mortgage rates continue to shape the market outlook.
Florida home sales rise for ninth straight month
Florida home sales rose again in May, continuing a nine-month streak of year-over-year gains. The data gives Realtors a useful way to talk with buyers and sellers about timing, pricing and how local conditions are shaping activity.
Fed meeting could shift rate outlook
The Federal Reserve is expected to hold its key interest rate steady today as new Chair Kevin Warsh leads his first policy meeting. The Fed does not set mortgage rates directly, but its outlook can influence borrowing-cost expectations. If policymakers signal fewer rate cuts ahead, buyers may need t