Tallahassee Real Estate News
Tallahassee
U.S. Annual Home Price Growth to Slow to 2.6 Percent by Year End 2024
Based on CoreLogic's latest Home Price Index January 2024, year-over-year home price gains reached the highest rate in a year in January, but growth is expected to begin slowing in the coming months, falling to 2.6% by early 2025.
U.S. Mortgage Rates Continue to Rise for Fourth Consecutive Week
Based on new data from Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.94 percent.
Income Needed to Buy a Home in America Spikes 80 Percent During Biden Presidency
Based on new data from Zillow, U.S. home shoppers today need to make more than $106,000 to comfortably afford a median-priced home in America.
Florida Condo Prices Falling as Insurance and HOA Fees Skyrocket
Based on new data from national property broker Redfin, prices of condos in major Florida metros are dropping year-over-year in early 2024, as sales decline. New condo listings inventory is soaring as sellers try to offload their properties.
