NEW YORK – Generational wealth is financial wealth and assets that can be passed down from one generation to the next. Most people plan to pass on their wealth to their children or other designated heirs, giving them the gift of greater financial security. Passing down of wealth through inheritance can have a beneficial […]
NEW YORK — Workers across different industries are increasingly receiving some or all of their income via apps. They include tutors, graphic designers, hair stylists and all kinds of independent and self-employed workers, along with merchants who sell products online through Etsy, eBay, Amazon and other sites. But tax law is still catching up […]
WASHINGTON – Existing-home sales climbed in February, according to the National Association of Realtors®. Among the four major U.S. regions, sales jumped in the West, South and Midwest and were unchanged in the Northeast. Year-over-year, sales declined in all regions. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops […]
News & Media NEW YORK – Logs used for firewood are on display near luxury home fireplaces – even gas fireplaces – to provide an authentic look to a cozy space, home designers say. Built-in firewood storage, also called “wood boxes,” are recessed shelves built into fireplaces for wood storage and have become more […]
LONDON — AI fakery is quickly becoming one of the biggest problems confronting us online. Deceptive pictures, videos and audio are proliferating as a result of the rise and misuse of generative artificial intelligence tools. With AI deepfakes cropping up almost every day, depicting everyone from Taylor Swift to Donald Trump, it’s getting harder […]
WASHINGTON — Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on Wall Street, despite signs that inflation remained elevated at the start of the year. For now, the officials kept their benchmark rate unchanged for a fifth straight time. Speaking […]
Links to /media/4467 Property listings were up in Florida in February — but will that help bring housing prices down? Find that out and more in this month’s Florida Realtors® Market Update video. NEXT REPORT: April 18 ORLANDO– Florida’s housing market had more new listings, more inventory (active listings) and higher median prices in February compared to […]
News & Media By Amy Connolly ORLANDO – Two Florida young professionals – from Boca Raton and Fort Lauderdale – are among 50 real estate industry rising stars who embody innovation, determination and selflessness, vying for Realtor® Magazine’s 30 Under 30 class of 2024. Antonio Eckert (Royal Palm Estates Realty) from Boca Raton and […]
LOS ANGELES — The average long-term U.S. mortgage rate climbed back to nearly 7% this week, pushing up borrowing costs for home shoppers with the spring homebuying season underway. The average rate on a 30-year mortgage rose to 6.87% from 6.74% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate […]
News & Media NEW YORK — Starting a real estate business can be arduous, but building and cultivating a client base doesn’t have to be difficult or expensive. Instead, agents need to be confident and brave. Consider the following when trying to build a brand: Go into the community: Make sure community members know you […]
NEW YORK – While you’re living in your home, you may find its value is tied to the memories created with the ones you love. As soon as you list your home for sale, the meaning of “home value” immediately changes. It’s time to pack up those memories – along with your dishes, lamps, […]
NEW YORK — If you’ve spent the last few years watching the housing market heat up from your rented apartment or childhood bedroom or any other space that isn’t your own, it can feel a bit like you’ve missed out. Amidst the COVID pandemic, the U.S. saw 30-year fixed mortgage rates drop to historic […]