The Federal Reserve held its benchmark rate steady Wednesday as policymakers showed growing concern about persistent inflation. New projections marked a shift from March, with several officials now expecting at least one rate hike this year.

Florida’s condo-townhome market posted stronger year-over-year sales activity in May, with closed sales up 6.6% and new pending sales up 9%, according to Florida Realtors data. Chief Economist Dr. Brad O’Connor said the pending-sales gain means the category’s nine-month streak of higher closed sales

Street ownership determines how far an HOA's parking rules reach — and knowing to ask that question before closing is exactly what sets a Realtor apart.

New pending sales rose year over year in May, according to Florida Realtors data. Single-family pending sales increased 4.8%, while condo-townhouse pending sales rose 9%, offering an early signal of summer buyer activity as mortgage rates continue to shape the market outlook.