In an exciting new collaboration, Greater Tampa REALTORS® and the Pinellas REALTOR® Organization/Central Pasco REALTOR® Organization (GTR + PRO/CPRO) are proud to announce their partnership with Tampa’s Real Estate Essentials TV ...
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The holiday season is here, and despite higher mortgage rates last week, housing demand is demonstrating some festive resilience. Typically, we expect a decrease in activity with elevated rates, but this seasonal boost has helped the purchase ...
As the Tampa metro real estate market deals with the aftermath of hurricanes Helene and Milton, prices remained relatively steady even as activity slowed. The single-family median home price of $402,000 was down a slight 1.3% from last year, while ...
There are now about 722,000 unsold single-family homes on the market across the U.S. That’s slightly more than a week ago and almost 27% more than inventory last year at this time. The average 30-year fixed mortgage was 6.92% yesterday, up ...
The average rate on the 30-year fixed mortgage surged 9 basis points on Wednesday after the election to 7.13%, according to Mortgage News Daily. That is the highest rate since July 1 of this year, though not quite the surge some had expected. The ...
Mortgage rates have risen in recent weeks, driven by a stronger-than-expected jobs report on October 4. Last week, the average 30-year rate reached 6.32%, up from 6.08% in late September. As rates rise, sellers are taking a small step back. Due to ...
Tampa metro area home prices dipped slightly, according to August data, with the median price now at $419,995, about 2% lower than last year. “Homebuyer affordability conditions improved for the fourth consecutive month, with lower mortgage ...
This fall is poised to bring lower mortgage rates and more for-sale inventory. The lower rates and rising inventory are giving home buyers a window of opportunity at an unusual time of year, according to the latest market report from Zillow. Key ...
Many homebuyers, particularly investors, are opting to pay in cash or make substantial down payments to avoid accruing interest. “Investors are still coming in with all-cash offers on homes that need to be renovated. Traditional buyers are ...
Mortgage rates have leveled off ahead of Friday’s key economic announcement after dropping significantly during the first two weeks of August. On Friday, Federal Reserve Chair Jerome Powell is expected to deliver an update on U.S. monetary ...