Housing prices in Florida could increase by 9% if a proposal to eliminate property taxes is approved. THEPALMER / Getty Images Close Key Takeaways Residents of one state could see a big jump in their home value if voters make a key change to property tax collections. Florida Gov. Ron DeSantis has proposed eliminating or reducing property taxes for Florida homeowners who live on the property as their primary residence. The cut would immediately benefit homeowners, whose property tax obligations are priced in ...

Joining me now is Michael Caneritz. He's the chief investment strategist at Piper Sandler. It's great to see you >> as well.>> Thanks for coming in. Did I characterize that correctly. That's right.And by the way, kudos. What do we [clears throat] call III now. Xan >> Xtel.>> Thank you. Number one strategist for that call all year long that there's something bigger taking place here. So tell us what what that is.>> Sure. You know, the the market's been very focused of course where interest rates are going an ...

SYDNEY, Dec 1 (Reuters) - Australian home prices jumped in November but gains in Sydney and Melbourne slowed, as expectations there would be no interest ​rate cuts anytime soon undermined sentiment in those already expensive markets, property consultant Cotality said ‌on Monday. Home prices nationwide increased 1% in November from October to a median value of A$888,941 ($581,990), ‌slightly slower than the 1.1% gain the previous month, according to figures from Cotality, formerly CoreLogic. Prices have ri ...

Fact checked by Suzanne Kvilhaug Drs Producoes / Getty Images The best time to buy your home, experts say, is when you can afford it. Key Takeaways About 1 in 3 Americans want the housing market to crash, according to a new survey, and many renters believe that a crash will allow them to afford a home. Experts warn against trying to time the housing market because lost equity, rising prices, and a dash for homes could offset any potential gains from waiting. Instead, the best thing to do is buy a hom ...

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Home prices across the country are growing more slowly, conditions which will likely please neither buyers on the sidelines of a market that’s still unaffordable, nor owners who saw neighbors sell for bonanza prices just a few years ago. Price changes differ between various data providers. The real estate data analytics provider Cotality estimates the national average increase at 1.2% between September 2024 and September 2025, down from earlier this year. Redfin, the national brokerage, calculates the Sep ...

Core Insights - The National Association of Realtors (NAR) predicts a significant rebound in the housing market for 2026, with a forecasted 14% increase in nationwide home sales and a 5% increase in new-home sales [2] - Home prices are expected to rise by 4% due to job growth and supply shortages [2] Group 1: Market Predictions - NAR Chief Economist Lawrence Yun anticipates a measurable increase in sales in 2026, driven by positive market conditions [2] - Early signs of market activity include an increase in mortgage applications and a decrease in mortgage rates [3][4] Group 2: Mortgage Trends - Mortgage applications have remained consistently above last year, indicating a strong desire among consumers to enter the market [4] - The 30-year fixed-rate mortgage rate has decreased from 7% in January to 6.24%, with expectations of averaging around 6% next year, improving affordability [5] Group 3: Market Disparities - The housing market rebound is expected to vary across different segments, with the upper end of the market performing better than the lower end [6] - There is a disparity between buyers with existing home equity and those attempting to enter the market [7]

Core Insights - Pending home sales in October increased by 1.9% from September, surpassing expectations of no change, but were down 4% compared to October of the previous year [1] - The increase in sales is attributed to falling mortgage rates during October, although rates rose again in November [2] - There has been a notable increase in the number of sellers delisting their properties, with nearly 85,000 homes taken off the market in September, marking a 28% increase from the previous year and the highest level for that month in eight years [4] Market Trends - Monthly sales increased across all regions except the West, which experienced a slight decline; the West is noted as the most expensive region in the country [3] - Despite more listings being available compared to the previous year, the overall supply has not changed significantly month-to-month and is currently weakening [2] - The housing market is entering a slow season, with consumer sentiment likely influencing the decision of sellers to delist their properties [4]

Market Trends - Pending sales of previously owned US homes increased in October, exceeding expectations [1] - The rise in pending home sales is attributed to buyers capitalizing on lower mortgage rates [1]

Core Insights - Home contract signings increased by 1.9% in October compared to September, indicating that lower mortgage rates have attracted more buyers despite the ongoing government shutdown [1][2] - Pending home sales rose across the country, with the Midwest experiencing the largest increase of 5.3% from the previous month, while the West was the only region to see a decline [1] - Although contract signings improved month-over-month, they are still down 0.4% compared to the same period last year [2] Mortgage Rates - Mortgage rates fell to 6.17% by the end of October, marking the lowest level of the year, although they have since seen a slight increase [2] - The decline in mortgage rates has been a significant factor in encouraging buyer activity during the fall season [3] Market Constraints - Despite the increase in buyer activity, significant constraints remain in the housing market, and home sales are expected to remain slow through the end of 2025 [3] - The government shutdown created uncertainty for buyers, although most mortgage lending continued normally, with some disruptions affecting specific loan programs [4] Future Sales Activity - Pending home sales data serves as a leading indicator for future sales activity, as homes typically go under contract one to two months before being sold [4]