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​Freddie Mac: It fell to 6.85%, its lowest level since late Dec. and eased for the fifth week in a row. A year ago, the 30-year FRM averaged 6.90%. 

​The state had an 8% increase in million-dollar earners from 2021 to 2022, reaching 77,670, according to the IRS. But nationwide, that number dropped by 2%. 

​ WASHINGTON — Illustrating the housing affordability challenges facing Americans, the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in the fourth quarter of 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new home. […]

​ News & Media By Amy Connolly ORLANDO, Fla. – As Florida Realtors®’ 2025 president, Tim Weisheyer is spearheading initiatives to drive innovation, enhance member value and ensure the fundamental right to property ownership and entrepreneurship. Weisheyer, in an exclusive interview with Keycrew Journal, highlighted Realtors®’ role as industry authorities and the strategy for shaping […]

​ WASHINGTON – Builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates and high housing costs. Builder confidence in the market for newly built single-family homes was 42 in February, down five points from January and the lowest level in five months, according to the National Association of Home Builders (NAHB)/Wells […]

​ IRVINE, Calif. – A total of 30,816 U.S. properties had foreclosure filings — default notices, scheduled auctions or bank repossessions – in January, up 8% from the prior month but down 7% from a year ago, according to the real estate analytics firm ATTOM. “January showed a monthly increase in foreclosure filings that may […]

​ FORT LAUDERDALE, Fla. – Question: As a single mom, I bought a house with my son about a decade ago. We used both incomes to qualify for the mortgage and split the costs. A few years later, he began a relationship, and his significant other moved in. Eventually, I met someone, and we want […]

​ SEATTLE — Just under one-third (32.6%) of U.S. home purchases were made in cash in 2024, down from 35.1% the year before and the lowest share since 2021. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Still, all-cash sales made up a bigger piece of the homebuying pie […]

​ News & Media By Amy Connolly TALLAHASSEE, Fla. – Since the deadly collapse of the Champlain Towers South building in Surfside, Florida lawmakers have enacted three condominium-related bills that have impacted how owners, board members, community association managers and other stakeholders manage safety, maintenance and transparency-related issues in condo buildings. The Florida Legislature sought […]

​ NEW YORK — Trends that seem ubiquitous one day can seemingly vanish before the sun rises again just 24 hours later. That’s especially true in the digital age, when overnight celebrities and viral videos can be on the tips of everyone’s tongues before being forgotten entirely when the next online sensation emerges in an […]

​ WASHINGTON — Confidence in the market for new multifamily housing reflected mixed results year-over-year in the fourth quarter, according to the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices. While the Multifamily Production Index (MPI) increased seven points to 48 year-over-year, it […]

​ News & Media NEW YORK — When using artificial intelligence (AI) tools, including ChatGPT, to write social media posts, house listings and more, agents need to be prepared to make their directions specific. AI needs to be told what role it should fulfill when writing, which means letting the tool know whether is writing […]