News & Media NEW YORK – A federal appeals court on Monday upheld a ruling to dismiss antitrust claims against the National Association of Realtors® and Zillow stemming from a lawsuit filed by the Real Estate Exchange Inc. (REX) in March 2021. At issue in the lawsuit was NAR’s optional “no-commingling” rule, which, if […]
NEW YORK – According to a new Bankrate survey, 81% of aspiring homeowners say the expenses from down payments and closing costs are a significant obstacle to affording a home. This includes 52% who say they pose a ‘very significant’ obstacle. Of those aspiring homeowners who say the expenses from down payments and closing […]
News & Media NEW YORK – In areas that have low housing inventory, shuttered hospitals and the surrounding property are prime targets for conversions. With wide hallways, tall ceilings and abundant natural light, many closed hospitals have features that make them good housing conversion candidates. Hospitals also are generally located near city infrastructure, which […]
AUSTIN, Texas – Sellers are increasingly adjusting to the current market conditions, as the share of homes with price reductions grew to 16.8%, up from 14.6% last February, according to the Realtor.com February Monthly Housing Report. Sellers increased their activity this February, as newly listed homes rose 4.2% above last year’s levels, marking the […]
News & Media Scott Turner LAS VEGAS – Secretary of Housing and Urban Development (HUD) Scott Turner said he would work to reduce regulatory burdens to ease America’s housing affordability crisis and help builders to construct more attainable, affordable housing the nation sorely needs. In one of his first official speaking engagements after being […]
ATLANTA — The U.S. Small Business Administration (SBA) is extending the deadline for physical damage loans for disaster declarations affected by the 2024 federal funding lapse. The new deadline to apply is April 27, 2025. Links to /about/charities/disaster-relief-fund Realtors helping others in times of need is what this charity is all about. Learn how […]
GAINESVILLE, Fla. — After three consecutive months of increases following the presidential election, consumer sentiment among Floridians dropped 2.6 points in February, down from a revised figure of 86.9 in January. National sentiment stands out with a sharp decline of seven points. “The decline in consumer sentiment is primarily driven by Floridians’ pessimistic expectations […]
NEW YORK – “Affordable luxury” might sound like an oxymoron, but as inflation grows in the United States and sustainability awareness increases, more people are looking for goods that meet their need for both quality and inexpensiveness. According to Bank of America, consumers in 2024 felt the effects of high inflation, with some “trading […]
News & Media By Brandon Doyle CHICAGO — Voice assistants are a common feature in modern homes, offering convenience and control over various smart devices. However, the growing adoption of this technology also raises concerns over privacy and data security. Many smart home devices, particularly those from major tech companies like Amazon and Google, […]
News & Media TALLAHASSEE, Fla. — Florida continues to lead the nation as a premier destination for business relocations with 503 net new businesses coming to the state over the past year, the Florida Chamber Foundation’s research team found. According to the Florida Chamber of Commerce site, www.thefloridascorecard.org, the state saw more than 47,000 […]
News & Media By Nia Duggins WASHINGTON – The Financial Crimes Enforcement Network (FinCEN) recently announced that it will not issue any fines, penalties or enforcement actions against reporting companies and owners for failure to file any Beneficial Ownership Information (BOI) reports by March 21, 2025. The bureau announced that it will be issuing […]
TALLAHASSEE, Fla. — Florida’s lawmakers return to the capital today to begin work on the 2025 legislative session and tackle issues crucial to home and property ownership and the continuing work of Realtors®. Legislators have more than 1,800 bills prepared for the 60 day session. Those bills passed during the session, which ends May 2, will be reviewed by the governor for approval or veto. Some of […]