Can You Deduct Your Home Office?

​ CHICAGO — Many Americans may think because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage employees who choose to work from home take on the full weight of their related expenses, tax experts said. […]

Small Business Uncertainty Up in January

​ News & Media By Mae Anderson NEW YORK — Small business owners felt more uncertain about the future in January, as they continue to deal with labor challenges and lingering inflation. According to a monthly poll of small business owners from the National Federation of Independent Business, the uncertainty index in January rose 14 […]

Home Renovations Poised for Growth in 2025

​ LAS VEGAS – An aging housing stock, record levels of home equity and favorable demographics will create positive growth prospects for the remodeling sector in 2025, according to industry experts at a panel hosted by the National Association of Home Builders (NAHB) during the International Builders’ Show in Las Vegas. The outlook bodes well […]

Can You Deduct Your Home Office? It Depends.

​ CHICAGO – Many Americans may think because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage employees who choose to work from home take on the full weight of their related expenses, tax experts said. […]

Small Business Concerns Rises in January

​ News & Media By Mae Anderson NEW YORK — Small business owners felt more uncertain about the future in January, as they continue to deal with labor challenges and lingering inflation. According to a monthly poll of small business owners from the National Federation of Independent Business, the uncertainty index in January rose 14 […]

January U.S. New Home Sales Fall

​ News & Media By Amy Connolly WASHINGTON — New homes sales fell in January as mortgage rates remain high and affordability keeps buyers on the sidelines, according to data from the U.S. Commerce Department’s Census Bureau. Sales of single-family homes fell 10.5% in January from December to a seasonally adjusted annual pace of 657,000 […]

State to Host Disaster Recovery Workshops

​ News & Media TALLAHASSEE, Fla.— FloridaCommerce announced it will host a series of community workshops to hear directly from Floridians about their unmet disaster recovery needs following the storms of 2023 and 2024. These workshops will provide an overview of the Community Development Block Grant-Disaster Recovery (CDBG-DR) program and the upcoming State of Florida […]

Small Room Design Trends for 2025

​ NEW YORK – The right mix of lighting, color and other design elements can transform smaller spaces into luxurious and cozy spaces. For lighting, designers suggest using a mix of floor lights, wall sconces and side lamps to layer lighting and create glowing pools of light or a dappled glow to generate a sense […]

Townhouse Boom Grows as Land, Costs Rise

​ MIAMI – A 650-home community of townhouses is planned for Lauderhill on a retired golf course, and South Florida could see more townhouse development as land becomes more scarce and costs continue to rise, experts say. “Where it can be zoned, it can be built,” the National Association of Home Builders declared in a […]

U.S Consumer Confidence Down in February

​ News & Media By Matt Ott WASHINGTON — U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday. The Conference Board reported that its consumer confidence index sank this month to 98.3 from 105.3 in January. That’s far below the expectations of economists, […]

Redfin: Typical Buyer’s Down Payment is 16%

​ SEATTLE — The typical U.S. homebuyer’s down payment was equal to 16.3% of the purchase price in December, up from 15% a year earlier, according to a new report from the real estate brokerage Redfin. In dollar terms, the typical homebuyer’s down payment was $63,188. That’s up 7.5% from a year earlier, the biggest […]

FHFA: U.S. House Prices Rose 4.5% in 2024

​ News & Media WASHINGTON – U.S. house prices rose 4.5% between the fourth quarter of 2023 and the fourth quarter of 2024, according to the Federal Housing Finance Agency House Price Index (FHFA HPI). House prices were up 1.4% compared to the third quarter of 2024. FHFA’s seasonally adjusted monthly index for December was […]