News & Media NEW YORK – Real estate professionals must adapt their approach to each generation of client in order to remain competitive in today’s real estate markets. Surprisingly, Gen Z buyers and baby boomers often share similar priorities, including limited budgets that require them to prioritize affordability and space that meets their current […]
TALLAHASSEE, Fla. — Changes to Florida laws — including a provision making it harder for policyholders to sue insurance companies — are working as intended to help bring the state’s property-insurance market “back from the brink of collapse,” the head of Citizens Property Insurance Corp. said Wednesday. Despite three catastrophic hurricanes hitting the state […]
News & Media WASHINGTON — A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than anticipated in the month of December. The University of Michigan said its consumer sentiment index climbed to 74.0 in December from 71.8 in November. Economists had expected the […]
News & Media SEATTLE — Redfin’s Homebuyer Demand Index is sitting near its highest level since September 2023, according to a new report from the real estate technology firm Redfin. Redfin’s Homebuyer Demand Index — a seasonally adjusted measure of tours and other buying services from Redfin agents — is up 7% year over […]
News & Media WASHINGTON – On Dec. 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction enjoining the federal government from enforcing the Corporate Transparency Act (CTA). This means the Financial Crimes Enforcement Network (FinCEN), a Bureau within the Treasury Department, cannot currently enforce the Beneficial […]
News & Media WASHINGTON — Affordability and inventory challenges in the real estate market have been continuous headwinds for professionals, but recent 2025 forecasts have been positive and could signal positive years to come. Recent mortgage rate forecasts have been optimistic, and economists at Fannie Mae project the volume of home sales will rebound. […]
TALLAHASSEE, Fla. — Months after Gov. Ron DeSantis’ administration introduced controversial plans to bring golf courses, resort-style lodges and pickleball courts to state parks, a Stuart lawmaker has filed a measure to make such proposed changes off-limits. On Dec. 4, State Sen. Gayle Harrell filed a bill (SB 80) that would strike golf courses, […]
FORT LAUDERDALE, Fla. — Question: We want to sell our condo in Florida, but traveling is getting more difficult because of our age. Is it possible to do this without being there in person? — Anne. Answer: Yes, many people sell property remotely. Selling from afar requires a bit more planning and some additional caution. […]
News & Media WASHINGTON (AP) — The average rate on a 30-year mortgage in the U.S. eased again this week, slipping to its lowest level since late October. The rate dropped to 6.69% from 6.81% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.03%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners […]
FORT LAUDERDALE, Fla. — Here’s what Florida insurance officials want the Legislature to do next year about the state’s troubled property insurance market: Nothing. Major litigation reforms enacted in 2022 and 2023 are strengthening the industry by reducing lawsuits, which has helped private market companies return to profitability following five straight years of underwriting […]
GAINESVILLE, Fla. — Consumer sentiment among Floridians surged in November to 81.1, its highest level in more than three years, rising 3.7 points from a revised figure of 77.4 in October. Meanwhile, national consumer sentiment increased by just over one point. “The 3.7-point increase in consumer sentiment is one of the largest in over […]
IRVINE, Calif. — U.S. home price growth remained almost unchanged in October from the previous month, recording 3.4% year-over year-growth and a 0.02% increase from September, the real estate analytics firm CoreLogic found it its Home Price Index (HPI) and HPI Forecast for October. The stagnation highlights the fact that home price growth has […]
