Florida Realtor

• Mortgage Rates Dip for Second Week
  The average rate on 30-year mortgages fell to 6.64% from 6.65% last week while rates on 15-year mortgages went down to 5.82% from 5.89%.
• Cost to Remodel a Kitchen in 2025
  Renovating a kitchen boosts home value, with a possible 60% ROI. Costs range from $71K to $137K, depending on materials, design and location.
• Turning Leads into Listings
  In real estate, prioritize quality leads. Look for motivated sellers facing life changes or financial issues. Use CMAs, pricing insights and targeted marketing for success.
• Recognizing Wrong Number Text Scams
  Scammers develop a wrong number text into friendly chats, gaining trust before asking for personal information and money.
• Above-Average Hurricane Season Forecasted
  Colorado State University forecasters expect 17 named storms, 9 of which will become hurricanes, with 4 reaching major hurricane strength.
• Spring Inventory Blooms, Buyers Remain Cautious
  Pending sales fell, price cuts hit a record and inventory grew, but supply remains below pre-2020 levels as buyers tread carefully amid economic concerns.
• Homeownership Costs Up to 17 Workdays Per Month
  The median U.S. home price is $412K, requiring 10 workdays per month to afford. In Florida, it’s 11 days. Midwest buyers need a week or less.