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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.
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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.
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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.