Newly Built Home Sales Pick Up in March

Buyers turned to new builds in March as existing-home inventory stayed limited and mortgage rates eased slightly.

Mortgage Rates Climb on Inflation Worries

Rates on 30-year mortgages rose to 6.37% from 6.3% last week, returning to levels seen a month ago. Rates on 15-year mortgages rose to 5.72%.

Florida Tops Real Estate Economy Rankings

Real estate made up more than 25% of Florida’s economy in 2025, the highest share in the nation, according to a new NAR report.

Grand Peaks Sells Miami-Area Apartments for $65.5M

Grand Peaks Properties sold Cascade at the Hammocks, a 264-apartment complex at 10605 Hammocks Blvd., to Bowery Properties for $65.5 million. The S. Florida Business Journal reports that the buyer assumed the seller’s $40.58 million mortgage with JPMorgan Chase through a commercial mortgage-backed s