WASHINGTON – A $115 million purchase of a duplex high above New York’s Central Park in June ended a nearly two-year drought for the city’s ultra-luxury real estate market. The closing was ultimately a turning point. Less than a month later, a nearby five-story penthouse went for $135 million. With more than four months […]
News & Media TAMPA, Fla. – A recent analysis by the Tampa Bay Times showed that corporate investors in Florida own over 117,000 single-family homes, which some say has led to higher prices and reduced affordability in the market for some potential home buyers. Others say it has allowed corporations to have greater control […]
SEATTLE – The median U.S. monthly housing payment fell to $2,534 during the four weeks ending September 1, the lowest level since January and down nearly $300 from April’s all-time high, according to a new report from Redfin. Housing payments are falling because even though home prices remain near record highs, weekly average mortgage […]
News & Media By Amy Connolly WASHINGTON – The National Association of Realtors® shared another new Consumer Guide to help Realtors continue to build trust with inquiring buyers, this time with a focus on veterans. 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 guide, […]
WASHINGTON – The average rate on a 30-year mortgage in the U.S. was flat this week ahead of an expected interest rate cut from the Federal Reserve later this month. The rate remained at 6.35% from last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.12%. Before last week, […]
News & Media MIAMI – The meteorology company AccuWeather on Tuesday scaled back its forecast for this year’s hurricane season after the Atlantic Ocean was relatively quiet over the Labor Day weekend and had “limited” tropical activity in August. Though still projecting an above-average season, AccuWeather is now forecasting 16 to 20 named storms, […]
LADERA RANCH, Calif. – With rising interest rates and increasingly stringent lending criteria, securing a mortgage has become more challenging for self-employed individuals. Truss Financial Group has explored recent trends and data to uncover increased mortgage rejections among self-employed Americans. Our findings highlight the connection between existing data, the difficulties faced by this group […]
NEW YORK – Email marketing is a billion-dollar industry, but running successful email campaigns is getting more challenging. With data decaying faster than ever and email service providers enforcing stricter sending rules, your business may already be experiencing declining results. Here’s how you can quickly adapt to these critical industry updates. Email marketing has […]
GAINESVILLE, Fla. – Consumer sentiment among Floridians rose for the third consecutive month in August, reaching its highest level in the past three years at 76.4 points, up 1.6 points from a revised figure of 74.8 in July. Similarly, national consumer sentiment also increased after four months of consecutive declines. “Floridians grew more optimistic […]
WASHINGTON – Four days after Stacy Horst’s 17-year-old daughter took her own life, she and her husband knew they had to act. Erin, who had a form of autism once called Asperger’s, had been mercilessly bullied and repeatedly encouraged by classmates to kill herself. Courtesy of NAR Stacy Horst After Erin died on Jan. […]
News & Media By Amy Connolly ORLANDO, Fla. – In a time when personal safety is paramount, Realtors® have increasingly been taking proactive measures to protect themselves and their businesses. According to National Association of Realtors® data, real estate professionals have implemented safety protocols, including meeting new customers in their offices or neutral locations, […]
News & Media By Amy Connolly Links to /law-ethics/nar-settlement-sitzer-burnett-lawsuit The resources you need to do business in the post-NAR settlement real estate industry. WASHINGTON – Florida Realtors® and the National Association of Realtors® introduced new tools and information designed to help Realtors® adapt to the practice changes that started Aug. 17. The new resources […]