News & Media WASHINGTON – High mortgage interest rates continue to challenge the housing market. However, ongoing home price appreciation and the resulting increases in home equity is providing a financial buffer and helping homeowners pay for unexpected increases in homeownership costs without falling behind on their mortgage payments. Let’s look at where the […]
ORLANDO, Fla. – As state officials continue to assess residential and business damages from Hurricane Helene, Florida Realtors® is providing additional resources that can assist in the recovery and rebuilding efforts. Gov. Ron DeSantis said the damage from Helene appears to be greater than the combined damage of Hurricanes Idalia and Debby. The storm […]
ORLANDO, Fla. – Florida Realtors® was named Friday as one of the Orlando Sentinel’s Top Workplaces in Central Florida for the fourth consecutive year. The annual ranking is based on a confidential and unbiased study by the Philadelphia-based research firm Energage with the Sentinel and focuses on workplace culture. Surveys are filled out online […]
WASHINGTON – Sales of newly built, single-family homes in August fell 4.7% after an unusually strong July, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. August new home sales registered a 716,000 seasonally adjusted annual rate, after an upwardly revised estimate of 751,000 […]
WASHINGTON – The Federal Reserve’s rate-cut cycle is expected to ease pressure on mortgage rates, driving demand for new homes, even as shares of major U.S. homebuilders rose in early trading on September 19. The U.S. central bank kicked off an anticipated series of interest rate cuts this week with a larger-than-usual half-percentage-point reduction. […]
SEATTLE — Homebuyers locked in nearly 70% more mortgages than they did a month earlier on September 23, according to a new report from the real estate brokerage Redfin. The surge in mortgage-rate locks comes five days after the Fed cut interest rates for the first time in four years. It’s worth noting that […]
News & Media WASHINGTON – Pending home sales in August rose 0.6%, according to the National Association of Realtors. The Midwest, South and West posted monthly gains in transactions, while the Northeast recorded a loss. Year-over-year, the West registered growth, but the Northeast, Midwest and South declined. The Pending Home Sales Index (PHSI) – […]
WASHINGTON – The average rate on a 30-year mortgage in the U.S. slipped to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs. The rate dipped to 6.08% from 6.09% last week, mortgage buyer Freddie Mac said Thursday. A year ago, […]
News & Media ORLANDO, Fla. – Florida Realtors® is encouraging its members to take advantage of the valuable resources available for crucial cleanup and recovery efforts as Hurricane Helene continues to impact the state. Links to /tools-research/hurricane-resources/helene-recovery-assistance-realtors-resources We have gathered resources for Realtors in Florida to help you recover and rebuild. Florida Realtors updated […]
ORLANDO, Fla. – Florida Realtors® opened applications for its Disaster Relief Fund (DRF) as Hurricane Helene gains strength in the Gulf of Mexico with the potential to hit Florida’s Panhandle or Big Bend area as a Category 3 storm. Links to /about/charities/disaster-relief-fund Realtors helping others in times of need is what this charity is […]
NEW YORK – Turning a house into a home can feel incredibly rewarding. In fact, nearly two-fifths (39%) of homeowners from Hippo’s annual Housepower Report revealed home upgrades were one of their key priorities. But renovating can be tricky even for homeowners with experience let alone someone without that technical knowledge. Before you start […]
NEW YORK – How many times have you been in a conversation when someone says, “Just Google it.” It’s a safe bet that young adults were not part of it. Google is no longer a verb – at least among Gen Zers, those born in the years 1997 to 2006, according to a new […]