News & Media By Amy Connolly ORLANDO, Fla. – Florida Realtors® is urging members – particularly those in the Big Bend area – to start preparing for the possibility of severe weather as forecasters predict a tropical disturbance moving into the Gulf to become the eighth named storm of the Atlantic hurricane season. Links […]
WASHINGTON – The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come. Even so, aspiring homebuyers and homeowners eager to refinance should temper their expectations of a big drop in mortgage rates from here. While the Fed doesn’t set mortgage […]
News & Media NEW YORK – Across the United States, the number of millionaire renters is increasing because, they say, the high-quality, reasonably priced homes are hard to find. According to census data analyzed by The Wall Street Journal, the share of households with annual incomes of more than $750,000 that rented between 2018 […]
CHICAGO – Many real estate agents have a portfolio of investment clients that they help. Whether it’s managing an investment portfolio for a client and ensuring their properties are rented out and taken care of or helping with the property management on a larger property, real estate agents are often front-and-center when it comes […]
FORT LAUDERDALE, Fla. – Question: Our landlord recently sold the house we have been renting. The sale happened in the middle of the month, and now the new owner wants us to pay him for the remainder of the month even though we have already paid the prior landlord for the whole month. And […]
WASHINGTON – Despite a significant decline in mortgage rates and improved supply in some parts of the country, existing home sales are not expected to pick up meaningfully through the remainder of 2024, with the annual pace now forecast to be the slowest since 1995, according to the September 2024 commentary from the Fannie […]
News & Media By Amy Connolly SANTA CLARA, Calif. – Florida is among the top 10 states leading the way in new home construction for volume, affordability and future growth, Realtor.com said in its New Construction Insights report. The state is also among the few seeing new construction priced lower than existing homes on […]
MIAMI – Delays in the federal probe into what caused the deadly Champlain Towers South condo collapse in 2021 mean a draft report on the findings is now expected in 2026, a year later than previously estimated. In a Sept. 12 update, an investigative team with the National Institute of Standards and Technology said […]
ORLANDO, Fla. – Florida Realtors® released six forms translated into Spanish to help Spanish-speaking buyers better understand the recent practice changes, providing Realtors® with additional resources to further build customer trust. Links to /law-ethics/nar-settlement-sitzer-burnett-lawsuit The resources you need to do business in the post-NAR settlement real estate industry. The forms are only for reference […]
SEATTLE – The median U.S. housing payment was $2,534 during the four weeks ending September 15, down 2.7% from a year earlier–the biggest decline since May 2020, according to a new report from the brokerage Redfin. Monthly payments are falling because mortgage rates dropped to their lowest level in 20 months in the lead-up […]
News & Media By Amy Connolly TALLAHASSEE, Fla. – Florida’s Hometown Heroes Housing program, the popular initiative providing downpayment and closing cost assistance to eligible first-time buyers, has fully committed the additional $100 million allocated by the state earlier this year, the Florida Housing Finance Corporation said. Officials said 6,135 families used the 2024 […]
ORLANDO, Fla. – Florida’s housing market reported increased new listings, easing median sales prices and improved inventory levels (active listings) in August 2024 compared to a year ago, according to Florida Realtors®’ latest housing data. “As home prices moderate and inventory levels improve, it should help increase new listings and offer more choices for […]