Economic Outlook: ‘Some Momentum’ Going into 2024–#MBAServicing24
ORLANDO--The U.S. economy was stronger in 2023 than most analysts expected, according to Joel Kan, Vice President and Deputy Chief Economist with the Mortgage Bankers Association.
New Home Sales Increase Slightly in January
Sales of new single‐family houses increased 1.5% from December and 1.8% year-over-year to a seasonally adjusted annual rate of 661,000 in January, the U.S. Census Bureau and the Department of Housing and Urban Development reported Monday.
Redfin Reports Florida Condo Prices Falling as Insurance; HOA Fees Skyrocket
Prices of condos in some major Florida metros are dropping year-over-year and sales are declining as insurance costs and homeowners association fees climb, according to Redfin, Seattle.