ORLANDO – The National Association of Realtors® (NAR) announced a proposed $418 million settlement agreement to the Sitzer-Burnett verdict that would end litigation of claims brought by home sellers related to broker commissions. The agreement resolves claims against NAR, more than one million NAR members, state/territorial and local Realtor® associations, all association-owned MLSs and […]
News & Media NEW YORK – Real-estate professionals have their own networking and lead generation strategies, but most believe that they can “will” their luxury market success into being. Whether that means following up with a potential home buyer that initially ghosted you or you enter the room with confidence you may not feel. […]
NEW YORK – Your credit score is one of the most important numbers in your financial life. It plays a crucial role in determining individuals’ access and eligibility for loans, credit cards, mortgages, rental applications, and more. However, it’s not a static number and requires continuous monitoring and maintenance by individuals. As data breaches […]
NEW YORK – Families must make a number of important decisions when an aging relative decides the time is right to move into an assisted living facility. Such facilities help older individuals who are having troubling living independently. In addition to finding the right facility for a loved one, many families have to decide […]
CHICAGO – Allie LeFevere describes her maximalist Chicago home as colorful and eclectic. When she and her husband moved into their home four years ago, she didn’t have a specific design in mind. “I just wanted the house to feel vibrant,” says LeFevere, founder of branding agency Obedient. She wanted “a representation of our […]
NEW YORK – Real estate has garnered considerable attention since 2020, and for good reason. Though speculators and real estate professionals may point to a number of variables that have affected the market for homes in recent years, the pandemic certainly was among those factors. Real estate prices and mortgage interest rates increased significantly […]
CANNES, France–Florida Realtors® and the Manitoba Real Estate Association (MREA) today signed a joint Memorandum of Understanding (MoU) as leaders of the two real estate professional organizations attended the 2024 MIPIM in Cannes, France. MIPIM is the premier real estate event for the international property industry. The MoU agreement establishes the cooperation of the two […]
WASHINGTON – Florida was home to four of the nation’s top five fastest-growing metropolitan statistical areas and three of the top 10 that gained the largest number of people from 2022 to 2023, reflecting continued population growth across the South. The increases in Florida — the nation’s third most populous state — were fueled […]
LOS ANGELES — Home loan borrowing costs fell for the second week in a row, pulling the average long-term U.S. mortgage rate to its lowest level since early February — good news for prospective home shoppers as the spring homebuying season gets underway. The average rate on a 30-year mortgage dropped to 6.74% from […]
WASHINGTON – Home buyers who paid cash accounted for 32% of home sales in January, marking the highest rate since 2014, the National Association of Realtors® reports. Many leveraged the equity from a prior home sale. Vacation-home buyers and real estate investors made up the bulk of all-cash buyers over the last six months, […]
FORT LAUDERDALE, Fla. – Question: They have been building a house down the block for the last several months. Besides the trucks coming and going, the site is a mess, with debris in the yard and a porta-potty out along the street. While I understand the realities of construction, there is no reason for […]
News & Media MIAMI – Affordable housing in Miami is hard to find. Home prices rose 11% as of November 2023, according to CoreLogic, and a University of Florida housing analysis showed the Miami-Dade area was short over 90,000 affordable housing units. Miami-Dade Mayor Daniella Levine Cava plans to propose a $2.5 billion property […]