Fla.’s April Housing: Inventory Up, Prices Ease
Florida Realtors Chief Economist cites still high mortgage rates as a factor, saying if they fall to 6%, it will help affordability and spur more buyer competition.
National Existing-Home Sales Dip in April
Existing-home sales slid 0.5% in April to a seasonally adjusted annual rate of 4.00 million. Sales retreated 2.0% from one year ago.
House Passes Tax Reform Package, Key Wins for RE
The bill retains the current tax rates while including NAR-supported provisions, including a qualified business income deduction increase and the SALT deduction.