WASHINGTON — Confidence in the market for new multifamily housing showed mixed results year-over-year in the third quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices – The Multifamily Production Index (MPI) had a reading of 40, […]
News & Media ORLANDO, Fla.— The National Association of Realtors® published a new Consumer Guide for first-time buyers and created a video series for Realtors® to answer commonly asked questions about the proposed NAR settlement and practice changes. Both resources are part of an array of tools designed to support informed decision-making and professional […]
News & Media By Alex Veiga NEW YORK — The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July. The rate ticked up to 6.79% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. That’s still down from a […]
News & Media By Christopher Rugaber WASHINGTON — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation. The rate cut follows a larger half-point reduction in September, and it reflects the Fed’s renewed focus on supporting the job market as well […]
ORLANDO, Fla. — Florida Realtors® has released its latest report on the state’s international buyer and seller transactions, the 2024 Profile of International Residential Real Estate Activity. While we are well into the recovery phase of the pandemic, overall global activity still falls short of pre-pandemic levels. Geopolitical issues and central bank monetary policy have […]
NOTRE DAME, Ind. — Social media has become the main stage for marketing in the digital age, and the adage “content is king” has never been more relevant. Marketers are increasingly focused on creating social media content to capture user attention and drive engagement with content. One proven strategy to increase such engagement is […]
News & Media NEW YORK — Real estate auction houses have seen a spike in luxury real estate service requests since 2020, but some sellers find the results aren’t what they expect. Auction houses pitch their ability to market unique properties to a range of wealthy buyers outside of local markets and sell them […]
WASHINGTON — Political uncertainty, soaring insurance costs and the growth of artificial intelligence are among the hot topics that likely will have a big impact on the real estate industry in 2025, according to the Counselors of Real Estate, a global organization of property advisers. Each year, CRE releases its list of the top […]
WASHINGTON — The U.S. Department of the Treasury issued a final rule Friday that expands the government’s ability to review foreign real estate transactions near more than 60 military bases and installations across 30 states. The Treasury Department worked with the U.S. Department of Defense on the rule, which gives the Committee on Foreign […]
TALLAHASSEE, Fla. — Environmental groups Friday urged a federal appeals court to uphold a district judge’s ruling that the U.S. Environmental Protection Agency in 2020 improperly shifted permitting authority to Florida for projects that affect wetlands. U.S. District Judge Randolph Moss, in a February ruling, found that the shift violated the Endangered Species Act. […]
News & Media TALLAHASSEE, Fla. — Largely unaffected by Hurricane Helene, state general revenue in September topped expectations. A report posted online Monday by the Legislature’s Office of Economic & Demographic Research showed Florida had net general revenue during the month of nearly $4.176 billion, $28.4 million more than anticipated when a panel of […]
SEATTLE — The number of renter households rose 2.7%, in the third quarter year over year, to a record 45.6 million, according to the real estate brokerage Redfin. That rate of growth is three times faster than the 0.9% increase in homeowner households, which now total a record 86.9 million. The 2.7% increase – […]