News & Media By Amy Connolly WASHINGTON – The potential partial government shutdown would impact the Federal Housing Administration (FHA), National Flood Insurance Program (NFIP), mortgages and other industries related to the real estate industry. The National Association of Realtors® released FAQs about the impact of a lapse in the NFIP to the real […]
SANTA CLARA, Calif. — Although your home might feel tight this holiday season, nationally, the number of extra bedrooms, defined as a bedroom that is in excess of the number of persons in the home, plus one to account for an office, has reached the highest levels in Census record history, according to a […]
ORLANDO, Fla. — In November, Florida’s housing market had more new listings and higher inventory levels (active listings) compared to a year ago, while statewide median sales prices continued to ease, according to Florida Realtors®’ latest housing data. “Homebuyers who have been waiting on the sidelines are seeing more opportunities now and more for-sale […]
SEATTLE — One-quarter (25%) of recent homebuyers who have kids living at home received a cash gift from family to help fund their down payment, more than double the 12% of recent buyers without kids who received such a gift, according to a new survey from the real estate brokerage Redfin. Homeowners with kids […]
WASHINGTON – Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – improved 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November, the National Association of Realtors said on Thursday. Year-over-year, sales bounced 6.1% (up from 3.91 million in November 2023). “Home sales momentum […]
News & Media ORLANDO, Fla. — Tim Weisheyer, 2025 Florida Realtors® president and CEO of Dream Builders Realty and dbrCommercial Real Estate Services in Central Florida, spoke to RealTrending podcast host Tracey Velt about servant leadership, making a positive difference, balancing relationship building with technology use and long-term success. Weisheyer said his career path […]
News & Media By Alex Veiga WASHINGTON – The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since late November, reflecting a recent uptick in the bond yields that lenders use as a guide to price home loans. The rate rose to 6.72% from 6.6% last […]
News & Media By Heather Rhodes ORLANDO, Fla. — A new year, another condominium law. We ring in this new year with a 2023 condominium law that created a future deadline for sales contracts entered into after December 31, 2024, to include new statutory language. Here’s what you need to know. The law Starting […]
ORLANDO, Fla. — Here’s a short quiz to test your contract knowledge. Following are a few common questions we get about the FR/BAR contract on the Florida Realtors® Legal Hotline. Any contract language cited below comes from the most recent version of the FR/BAR contracts, which are dated August 2024. Note that everything covered below […]
WASHINGTON — The Federal Reserve cut its key interest rate Wednesday by a quarter-point – its third cut this year – but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. The Fed’s 19 policymakers projected that they would cut their benchmark […]
WASHINGTON — In the wake of a massive cyberattack linked to the Chinese government, FBI officials are renewing warnings that your private text messages aren’t secure. The concern comes after a hacking operation, dubbed Salt Typhoon, gained access to private texts and phone conversations of an unknown number of Americans. The hacking group is […]
News & Media WASHINGTON — Homeowners with Property Assessed Clean Energy (PACE) loans have the right to receive standard mortgage disclosures that allow them to compare the cost of the PACE loan with other forms of financing, according to a new rule finalized by the Consumer Financial Protection Bureau (CFPB). PACE loans are used […]