News & Media MIAMI – Since 2012, there are fewer Black and Hispanic homeowners in Miami-Dade and Broward counties, the latest U.S. Census Bureau data shows. The Census Bureau said there were 983,509 occupied Miami-Dade County residences in 2022, and owners lived in a total of 507,879 of those residences. Redfin found 44% of […]
News & Media By Melissa Dittmann Tracey CHICAGO – There’s a reason why home stagers prefer white or neutral colors when preparing a home for the market. Some colors can be distracting and a turn-off to home buyers. Rethink a red-painted living room or dining area; red is the most off-putting color, according to […]
WASHINGTON — Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but it first wants to see more evidence that inflation is falling sustainably back to the Fed’s 2% target. Powell noted that inflation is slowing for both goods and services and did not […]
News & Media By Katlyn Brieskorn TAMPA, Fla. — If you are in the market to buy a house but want to save some money, you may want to check out the results of a recent study that found the “most affordable” ZIP codes to buy property in every state. American Shield Home said […]
News & Media LAKE GENEVA, Wis. – The Relitix’s Agent Movement Index shows that real estate agents are switching brokerages at a faster rate than in 2024 after staying put when housing inventory was low. With growth in the housing market improving this year, agents are more confident about switching firms. The monthly AMI […]
News & Media MIAMI – During the University of Miami’s recent 2024 Real Estate Impact Conference, executives from Lennar Corp. and Invitation Homes talked about how technology, single-family rentals and good partnerships can help address the national housing shortage. Stuart Miller, executive chairman and co-CEO of Lennar Corp., indicated that Invitation Homes’ build-to-rent model […]
CONYERS, Ga. – There are nine income tax-free states scattered across America. While tax-free income seems like paradise at first glance, it’s still important to understand the tax structures within these states are like a complex jigsaw puzzle. States still need to function, so some of the revenue puzzle pieces include sales tax, property taxes, […]
WASHINGTON – Young adults ages 25-34 continued the post-pandemic trend of moving out of parental homes with the share of those living with parents or parents-in-law dropping to 19.1% in 2022. A geospatial analysis of the 2022 ACS data found there are substantial differences across states, with the Southern and Northeastern states registering some […]
MIAMI – Florida is on the verge of passing the strongest consumer protections in state history for a problem-plagued home loan program touted to help homeowners pay for energy efficiency projects like solar panels and hurricane protection like impact windows or new roofs. The Property Assessed Clean Energy program – commonly known as PACE […]
News & Media By Na Zhao WASHINGTON – The National Association of Home Builders’ (NAHB) analysis of Census data shows that private residential construction spending rose 0.2% in January 2024, the second month of gains in a row. It stood at a seasonally adjusted annual pace of $900.8 billion. The monthly increase in total […]
SEBRING, Fla. – Ben and Erin Napier, hosts of the TV show “Home Town” on HGTV, will soon be bringing their small town makeover and renewal treatment to Florida. The duo recently announced that Sebring, Florida, will be the site for Season 3 of the “Home Town Takeover,” which follows the Napiers and many […]
WASHINGTON – Following a brief uptick in new home sizes in 2021, the average size of a new home continues to inch smaller – dropping from 2,479 square feet in 2022 to 2,411 square feet in 2023, the smallest average size in 13 years – to match home buyer preferences for less square footage. […]