TALLAHASSEE, Fla. – Florida homeowners who’ve been struggling with the volatile insurance market may be seeing a light at the end of the tunnel. So far this year, nine homeowners insurance companies have filed for rate decreases in Florida, and 10 have filed to keep their rates unchanged in 2024, according to the Florida […]
News & Media By Antoine M. Thompson WASHINGTON – In 1865, over 159 years ago, the U.S. eliminated or outlawed slavery in the U.S. with the passage of the 13th Amendment to the U.S. Constitution. One of the promises and pledges to freed slaves was that each would receive 40 acres and a mule. […]
News & Media WASHINGTON – Preliminary results show consumer sentiment declined 3.5 points in June to hit 65.6, 1.4 points higher than one year ago. The Current Economic Conditions Index fell 7.1 points from the previous month to 62.5, 6.4 lower than year-ago levels. The Consumer Expectations Index decreased 1.2 points from May, 6.5 […]
TALLAHASSEE, Fla. – Gov. Ron DeSantis on Friday signed a bill intended to give more rights to condo owners, in the latest attempt to reform laws governing Florida’s often troubled community associations. The new law, dubbed “Condo 3.0,” imposes education requirements on board members, requires more condo communities to set up web pages for […]
CHICAGO – The National Association of Realtors® (NAR) reminds brokerages with a residential transaction volume of more than $2 billion in 2022 and MLSs to opt in to NAR’s Settlement Agreement that would resolve of claims brought on behalf of home sellers related to broker commissions by June 18. The Settlement Agreement is subject […]
ORLANDO, Fla. – Stories have started to crop up about certain markets in Florida being a “buyers’ market,” where there is a glut of supply, and sellers are cutting prices and waiting a lot longer to get deals done. Reporters are looking at year-over-year increases in listings and changes in list and sale prices […]
News & Media MIAMI – Even in lower-cost areas, housing affordability has grown more challenging since the pandemic when workers moved out of urban centers to work remotely. The resulting surge in demand has pushed U.S. home prices to record highs, making it especially hard for millennials to purchase a home. About 50% of […]
NEW YORK – Black toilets, wall-to-wall carpet, and all-white bathrooms are a few design sins we’re here to save you from. Designing and decorating your bathroom can be tricky. Unlike other rooms, your bathroom is constantly at the mercy of excess moisture. It’s also where most people begin their mornings, end their evenings, find […]
NEW YORK – In today’s evolving housing market, the dream of homeownership may seem distant for many first-time homebuyers or renters. Rising interest rates, high home prices and committing to purchasing a home can be daunting. However, as a mortgage professional, I’ve guided numerous clients through the process, helping them realize that homeownership is […]
News & Media NEW YORK – As people retire, their goals shift, often causing them to reconsider where they’re living and how they spend their money. Places with a high cost of living, high taxes and cold winters, for example, could influence retirees to move to warmer locations where they can stretch their retirement […]
MIAMI — Florida was a red-hot destination during the pandemic, but now, the state is home to some of the fastest-cooling housing markets in the country. Western Florida cities like North Port, Tampa and Cape Coral have seen inventory surge more than 60% over the past year, and houses are taking longer to sell, […]
News & Media SEATTLE — The median U.S. home-sale price hit an all-time high of $394,000 during the four weeks ending June 9, up 4.4% year over year — the biggest increase in about three months. That’s according to a new report from the real estate brokerage Redfin. There are signs that home-price growth […]