Will mortgage rates go down in 2024?
Good news for borrowers: The wait for lower rates may soon be over. Mortgage rates have dropped quite a bit from where they peaked in October, and they could finally drop below 6% by the end of 2024. The latest economic data show that inflation is slowing and the economy is cooling. The Federal Reserve seems pleased with these […]
Is U.S. Ready for Boomers to Age in Place?
ORLANDO, Fla. – There’s a disconnect between perception and reality when it comes to “aging in place,” a recent U.S. Census Bureau survey found. The Census study analyzed older adults’ housing needs and identified 37 million older-adult households in the U.S. The study reported that 1 in 10 (11%) of these households face some kind of […]
Real Estate Trends: What’s in Store for 2024?
By Kim Hays Florida Realtors chief economist: Watch for the market to reignite over the next several months. “We have weathered the worst of it.” ORLANDO, Fla. – Watch for the Florida real estate market to slowly start growing in 2024 as interest rates flatten and consumers begin realizing what they’re seeing is the new […]