NEW YORK — U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation on future returns. The Internal Revenue Service detailed the increases in its annual inflation adjustments. For single taxpayers and married individuals filing separately in tax year 2025, the standard deduction is […]
News & Media By Mackenzie LaPorte TAMPA, Fla. — Rebuilding after two back-to-back storms has been a challenge for Tampa Bay area communities. Jimmy Patronis, Florida chief financial officer and state fire marshal, launched a “Check My Contract” portal for concerned policyholders. Links to /tools-research/hurricane-resources/helene-recovery-assistance-realtors-resources We have gathered resources for Realtors in Florida to […]
WASHINGTON — Pending U.S. home sales rose 3.5% year over year during the four weeks ending October 20, the biggest increase in three years (with the exception of the prior 4-week period, when they rose 3.7%). On a local level, pending sales are up in 35 of the 50 most populous U.S. metros, the […]
News & Media By Jim Turner TALLAHASSEE, Fla. — Tourism-industry leaders are once again looking to counter negative media images of Florida, this time after Hurricane Helene and Hurricane Milton caused widespread damage — including in areas of the Gulf Coast that are popular with visitors. Allison Hopkins, a spokeswoman for Visit Florida, the […]
WASHINGTON — New home sales in the U.S. rebounded by much more than expected in the month of September, according to a new report released by the U.S. Commerce Department. The Commerce Department said new home sales surged by 4.1% to an annual rate of 738,000 in September after tumbling by 2.3% to a […]
News & Media By Amy Connolly WASHINGTON – Buyers should feel confident and empowered to find an agent who aligns with their needs and keeps their best interests front and center. To support this, the National Association of Realtors® released its latest Consumer Guide, spotlighting important questions buyers should ask when choosing an agent. […]
FORT LAUDERDALE, Fla. – Question: I recently graduated and landed a good job. I am about to rent my first apartment and want to make sure I don’t make a mistake. What should I look out for? — Christine Answer: Renting a home is a significant commitment, not only because of the legal agreements […]
News & Media MIAMI – Data released by Douglas Elliman shows that in the third quarter of 2024, Florida’s luxury home regions have experienced price increases and higher home sale volumes. Six Florida markets, excluding mainland Miami, saw 137 luxury sales, which was in line with 2023’s third quarter, but prices rose 9.6%. In […]
IRVINE, Calif. – The property analytics firm ATTOM’s third quarter 2024 U.S. Home Equity & Underwater Report shows that 48.3% of mortgaged residential properties in the United States were considered equity-rich, meaning that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values. […]
News & Media SEATTLE — More than four of every five U.S. residents (82%) believe there should be caps on the amount landlords are allowed to increase rent, according to a new survey commissioned by the real estate brokerage Redfin. The survey data in Redfin’s report is from a commissioned survey conducted by Ipsos […]
BRADENTON BEACH, Fla. — The start of “snowbird” season in Florida is only weeks away, but many Florida Gulf Coast beaches, regularly voted some of the best in the United States, are closed to the public because of the devastation from Hurricane Milton two weeks ago. Most restaurants and shops in the tony St. […]
News & Media By Alex Veiga WASHINGTON – The average rate on a 30-year mortgage in the U.S. rose again this week, reaching its highest level in nearly three months. The rate rose to 6.54% from 6.44% last week, mortgage buyer Freddie Mac said Thursday. Despite the recent uptick, the average rate is down […]