WASHINGTON – The Pew Research Center reports that 57% of young adults still live at home. That may seem high but is only a modest increase from the 53% reported three decades ago. In a world where criticism often eclipses celebration, it’s time to debunk a prevailing myth about today’s youth – today’s young […]
WASHINGTON – The average rate on the 30-year fixed-rate mortgage fell to 6.89% in the week ending June 6, according to rates provided to NerdWallet by Zillow. It was a decrease of 13 basis points from the previous week. (A basis point is one one-hundredth of a percentage point.) The drop brings the 30-year […]
LOS ANGELES – The average rate on a 30-year mortgage dipped to just below 7% this week, little relief for prospective homebuyers already facing the challenges of rising housing prices and a relatively limited inventory of homes on the market. The rate fell to 6.99% from 7.03% last week, mortgage buyer Freddie Mac said […]
WASHINGTON – The warmer days of spring are in full swing, and many homeowners are motivated to refresh their outdoor spaces and update their security systems. This is the perfect time to dust off patio furniture, light up the grill and consider upgrading your outdoor lighting and security setups. With summer around the corner, […]
News & Media LOS ANGELES – According to the Emerging Trends in Real Estate 2024 report, “The Great Reset” has shifted trends in the property sector. Real estate professionals should not rely on past benchmarks to forecast how the market will grow in the future. Links to Join the Niche Market Power Hour Plus […]
TAMPA, Fla. – Three Tampa Bay area cities were ranked among the fastest-growing cities in the nation, according to U.S. News and World Report. Sarasota (10), Tampa (13), and Lakeland (18) all ranked among the list of 25 cities showing the most growth, the report said. The list uses the U.S. Census Bureau’s net […]
News & Media By Melissa Dittmann Tracey WASHINGTON – Eighty-two percent of home buyers express regrets about their recent property purchase, according to a new survey from Clever Real Estate. Their most common regret: buying a home that requires too much maintenance. Twenty-eight percent of home buyers say they were shocked at the cost […]
News & Media WASHINGTON – Buying a home is the American dream for many, but the road to get there can be challenging, particularly for younger generations such as millennials and Generation Z. Amid low inventory and high interest rates, both groups have had to find different ways to achieve homeownership compared to other […]
Links to Learn more about fair housing at the Be the Change – Fair Housing and You education session featuring Neil Bridgers on Wednesday, Aug, 21.Participants also earn 3 hours CE credit. To register for the convention and trade expo, click here. WASHINGTON – ATTOM released its second-quarter 2024 Vacant Property and Zombie Foreclosure Report […]
News & Media ORLANDO, Fla. – In honor of June’s National Homeownership Month, the National Association of Realtors® (NAR) launched an ambitious $1 million fundraiser for its Realtor® Relief Foundation (RRF) to support families devasted by disasters nationwide. At the same time, Florida Realtors® is actively campaigning for its Disaster Relief Fund (DRF) to […]
News & Media WASHINGTON — Fueled by a lack of existing inventory and pent-up demand, single-family permit growth is occurring across all tracked geographic regions of the nation while the opposite holds true for the multifamily sector, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index […]
SEATTLE – The homeownership rate for Black households has grown faster than average since 2019, but it’s still below the high-water mark reached in 2004, before the Great Recession. Insufficient credit is holding many Black households back from homeownership. Nearly 1 in 4 mortgage applications from Black borrowers — 24% — are denied, according […]
