NEW YORK — In 2024, the volume of office building sales rose by 20% from a year prior to $63.6 billion, marking the first increase in sales volume since 2021, the data firm MSCI data found. However, the sales activity is still far lower than the 2015 to 2019 volume average of $142.9 billion […]
WASHINGTON — After three cuts to its key interest rate last year, Federal Reserve officials, led by Chair Jerome Powell, have signaled that they are in a new phase of watching and waiting. They’d like to see inflation fall further and gauge what impact that new federal policies, particularly tariffs, will have on the […]
LOS ANGELES — Americans looking to buy a newly built home this spring are likely to get a helping hand with their mortgage rate and other costs. Many homebuilders are offering buyers valuable incentives like paying down their mortgage rate, covering closing costs or even throwing in “flex dollars” that home shoppers can put […]
TAMPA, Fla. — Between the flooding and the cleanup, those who endured Hurricanes Helene and Milton have faced many hurdles. Now, a federal regulation might cost them hundreds of thousands of dollars. The FEMA 50% rule is catching some homeowners who are affected by flooding and damage off guard. The mandate is a complex […]
News & Media TALLAHASSEE, Fla. — The number of policies in the state’s Citizens Property Insurance Corp. continues to show little change. As of Friday, Citizens had 942,810 policies, up from 941,158 policies a week earlier, 939,376 policies two weeks earlier and 938,845 policies three weeks earlier, according to data on its website. Citizens, […]
News & Media NEW YORK — Real estate agents and businesses know that chatbots using artificial intelligence (AI) can speed up interactions with potential clients and provide answers to the most frequently asked questions, but AI can be leveraged in so many other ways that can improve sales. Using AI to virtually stage a […]
News & Media NEW YORK — Data from Morgan Stanley Capital International (MSCI) show that in 2024, the volume of office building sales rose by 20% from a year ago to $63.6 billion, marking the first increase in sales volume since 2021. However, the sales activity is still far lower than the 2015 to […]
WASHINGTON (AP) — As a candidate last year, Donald Trump suggested he could easily conquer inflation and ease voters’ fears about the economy. “I will very quickly deflate,” he promised at a California rally. “We are going to take inflation, and we are going to deflate it. We are going to deflate inflation. We […]
RALEIGH, N.C. — The 2025 tax filing season is underway, and there are several tax benefits that can help homeowners save money this year. Homeowners can deduct costs like mortgage interest and personal property taxes up to a certain limit in order to reduce their tax bill. In certain cases, home improvements can also […]
News & Media By Alex Veiga NEW YORK – The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season gets underway. The average rate fell to 6.87% from 6.89% last week, mortgage buyer Freddie […]
NEW YORK – As the population ages, the trend of downsizing has become increasingly relevant, especially among baby boomers who are transitioning into retirement. According to recent statistics, 6.3 million Americans were over the age of 85 in 2020, accounting for 1.9% of the U.S. population. In Florida, this demographic represents an even larger […]
News & Media SEATTLE — Homebuyers have the most options since 2020, but few are biting because rising housing costs have made monthly payments tough to swallow, according to the real estate brokerage Redfin. Pending home sales in January fell to the lowest level on record aside from the start of the pandemic. They […]