NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow.
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NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow.
News & Media By Mechele Mills NEW YORK – As we step into the new year, small business owners are gearing up to navigate an evolving landscape. Scaling operations and ensuring long-term sustainability remain top priorities, but achieving success requires more than just increasing revenue. From attracting top talent and fostering a thriving workplace […]
CHICAGO – Most real estate professionals all have that one thing they absolutely don’t want to do: public speaking, door-knocking, networking. The reality is that not partaking in certain aspects of the business could be costing you money or keeping you from reaching your full potential in the business. YPN member, real estate trainer […]
SEATTLE — Pending home sales fell 4.5% month over month in December on a seasonally adjusted basis—the largest decline since October 2022—and dropped 2.3% year over year, according to the real estate brokerage Redfin. Homebuyer demand dipped at the end of the year because mortgage rates jumped. After inching downward at the beginning of […]
SANTA CLARA, Calif. – The American Dream is alive and thriving, according to a new survey from Realtor.com, which found nearly two out of three Americans (64%) identify homeownership as one of their life goals, while 50% believe homeownership is necessary to achieving long-term wealth. “Home, and land, ownership has been a part of […]
News & Media NEW YORK — In today’s real estate market, standard open houses and basic staging are sometimes not enough to sell a property. Experts say buyers don’t just want to see the space — they want to have an emotional connection to a property and a vision of their future home. Themed […]
WASHINGTON – Small business confidence in the U.S. improved in December to its highest level in more than six years as the uncertainty over the economic outlook cleared following the presidential election in November, results of a survey by the National Federation of Independent Business showed on Tuesday. The NFIB Small Business Optimism Index […]
WASHINGTON – Builder sentiment edged higher to begin the year on hopes for an improved economic growth and regulatory environment. At the same time, builders expressed concerns over how building material tariffs and costs and a larger government deficit would put upward pressure on inflation and mortgage rates. Builder confidence in the market for […]
TAMPA, Fla. — Tampa and St. Petersburg are among the cities that have seen the largest increase in home prices over the last 10 years, according to a study from a construction analysis and research company. The Construction Coverage report looked at data from Zillow and the U.S. Census Bureau to figure out which […]
News & Media By Amy Connolly WASHINGTON — When buying a home in Florida, new buyers often have questions about flood insurance – Do I need it? What’s covered? What are my options? The latest Consumer Guide by the National Association of Realtors® aims to answer these questions and clarify the essentials of insurance […]
WASHINGTON — The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight months. The rate rose to 7.04% from 6.93% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.6%. It has risen for five straight weeks. […]
NEW YORK — With a possible TikTok ban just days away, many U.S. users are looking for alternative social media platforms to help them keep up with pop culture or provide the type of entertaining videos that popularized the short-form video app. TikTok, which has been a cultural phenomenon, could be banned on Jan. […]