News & Media WASHINGTON — Redfin data through August 2024 found that 33% of home buyers paid cash for homes, which is the highest rate of all-cash purchases following the Great Recession. Compass Realtor® Megan Dwyer in Florida’s southeast coast said, “The demographics of buyers doing this is incredibly broad. Young families, retirees, local […]
SEATTLE — A “silver tsunami” — an expected flood of homes from older owners who will downsize or otherwise move on — has long been discussed as having the potential to relieve the nation’s shortage of housing. But new research from the online real estate broker Zillow shows these homes likely are located far […]
ORLANDO, Fla. — Home and property owners who are struggling following the active 2024 hurricane season are receiving some additional support thanks to state and federal resources. Links to /about/charities/disaster-relief-fund Realtors helping others in times of need is what this charity is all about. Learn how to give and receive. On Thursday, Gov. Ron […]
NEW YORK — Mortgage interest rates managed to string together two consecutive weeks of decreases for the first time since September. The week ending Dec. 5, the average rate on the 30-year fixed-rate mortgage fell 21 basis points to 6.59%, according to rates provided to NerdWallet by Zillow. A basis point is one-one hundredth […]
CHICAGO – Holiday decor trends this year are channeling bright red Christmas trees and the 1970s. The latest holiday decorating trends may be considered even merrier and brighter, as they fall more in line with the maximalist style that has taken root in home interiors lately. Check out our roundup of some of the […]
News & Media NEW YORK – Real estate professionals must adapt their approach to each generation of client in order to remain competitive in today’s real estate markets. Surprisingly, Gen Z buyers and baby boomers often share similar priorities, including limited budgets that require them to prioritize affordability and space that meets their current […]
TALLAHASSEE, Fla. — Changes to Florida laws — including a provision making it harder for policyholders to sue insurance companies — are working as intended to help bring the state’s property-insurance market “back from the brink of collapse,” the head of Citizens Property Insurance Corp. said Wednesday. Despite three catastrophic hurricanes hitting the state […]
News & Media WASHINGTON — A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than anticipated in the month of December. The University of Michigan said its consumer sentiment index climbed to 74.0 in December from 71.8 in November. Economists had expected the […]
News & Media SEATTLE — Redfin’s Homebuyer Demand Index is sitting near its highest level since September 2023, according to a new report from the real estate technology firm Redfin. Redfin’s Homebuyer Demand Index — a seasonally adjusted measure of tours and other buying services from Redfin agents — is up 7% year over […]
News & Media WASHINGTON – On Dec. 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction enjoining the federal government from enforcing the Corporate Transparency Act (CTA). This means the Financial Crimes Enforcement Network (FinCEN), a Bureau within the Treasury Department, cannot currently enforce the Beneficial […]
News & Media WASHINGTON — Affordability and inventory challenges in the real estate market have been continuous headwinds for professionals, but recent 2025 forecasts have been positive and could signal positive years to come. Recent mortgage rate forecasts have been optimistic, and economists at Fannie Mae project the volume of home sales will rebound. […]
TALLAHASSEE, Fla. — Months after Gov. Ron DeSantis’ administration introduced controversial plans to bring golf courses, resort-style lodges and pickleball courts to state parks, a Stuart lawmaker has filed a measure to make such proposed changes off-limits. On Dec. 4, State Sen. Gayle Harrell filed a bill (SB 80) that would strike golf courses, […]