NEW YORK – Among the many hard truths for those trying to enter America’s brutal housing market, here’s one: Baby boomers continue to own many of the country’s large houses, even after their households have shrunk to one or two people. Baby boomer empty nesters own twice as many of the country’s three-bedroom-or-larger homes, […]
NEW YORK – While the number of homes for sale has been recovering from pandemic-era lows thanks to a surge of new construction, a new Realtor.com analysis found that the market is still missing up to 7.2 million homes, the result of more than a decade of underbuilding relative to population growth. “The U.S. […]
MIAMI – Florida has long been known as a popular retirement destination, offering warm weather, beautiful beaches and relatively affordable housing. Home prices have risen substantially in recent years, especially in popular coastal cities like Miami, when compared to the national average. As of January 2024, the median home value across the United States […]
News & Media WEST PALM BEACH, Fla. – Gov. Ron DeSantis said Monday he will approve $1.5 billion directed towards Everglades cleanup that was included in the budget for the fiscal year that begins July 1, which he has not yet received. “I am going through all the things in the budget right now. […]
MIAMI – You may want to clean out the kiddie pool and dust off the patio furniture early this year. We’re in for a hot start to summer, according to a national weather outlook released Thursday by the National Weather Service. All but two states on the new national forecast map appear in shades […]
News & Media NEW YORK – Real estate brokerages are looking to recruit and retain high-performing agents, particularly in the challenging real-estate market. Firms often use word of mouth to recruit talent, but they also reach out to existing clients or business partners to find viable candidates. Another option is to hold a curated […]
WASHINGTON – Interest rates are the highest they’ve been since before the Great Recession, but Las Vegas-based mortgage adviser Matt Hennessy said it’s important for people to understand specifically why monthly mortgage payments are where they are right now. Hennessy said the federal funds rate, which currently sits at 5.25% to 5.50% and sets […]
TALLAHASSEE, Fla. – Florida has quickly launched an appeal after a U.S. district judge rejected a 2020 decision by the federal government to shift permitting authority to the state for projects that affect wetlands. Attorneys for the state filed a notice Monday that is a first step in challenging the decision by U.S. District […]
TALLAHASSEE, Fla. – Over the past month or so, a number of inflammatory headlines have sparked a conversation throughout Florida. Is Florida’s housing market in trouble? Here’s the problem with these headlines. They lack context, rely on seemingly short-sighted analysis, and ultimately jump to a conclusion that may not be correct. These articles paint […]
NEW YORK – An infusion of new inventory into the market is welcome news for buyers on the hunt for their next home this spring. It’s also more evidence that the effects of “rate lock” on homeowners are starting to weaken, according to the latest monthly report from Zillow. “For more than a year, […]
NEW YORK — When selling a home, there are plenty of things to increase the price tag. From deep cleans and renovations to staging and even baking bread during viewings, many value-boosting tips focus on the inside of the home. However, the first thing a potential buyer will see is the outside of the […]
News & Media By Elena Cox MIAMI — Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers. The typical […]