SEATTLE — The typical down payment for U.S. homebuyers hit a record high of $67,500 in June, up 14.8% from $58,788 a year earlier, according to a new report from the real estate brokerage Redfin. This was the 12th consecutive month the median down payment rose year over year. The nearly-15% jump in the […]
CHICAGO – Last July, Kristen Skebe had an agent come into her office, looking for something different. She wasn’t producing the way she wanted to, and she felt like she needed more support. She thought a team was the answer, and when she came to Skebe, who is managing broker at Sandy Springs Shop, […]
NEW YORK – Many Americans seem to have contradictory and confused feelings about the places they call home. Although 73% of Americans say they like where they live, 59% of Americans still get frustrated with their home city or state and 43% are embarrassed by their state, according to a new study from Clever […]
News & Media WASHINGTON – American consumers felt more confident in August as their outlook for the future improved. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 103.3 in August from 101.9 in July. The index measures both Americans’ assessment of current economic conditions and their […]
WASHINGTON – U.S. house prices rose 5.7% between the second quarter of 2023 and the second quarter of 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI). House prices were up 0.9% compared to the first quarter of 2024. FHFA’s seasonally adjusted monthly index for June was down 0.1% […]
News & Media ORLANDO, Fla. – The Board of Directors met on Aug. 25, and the meeting minutes are now posted online. 2025 President Tim Weisheyer and President-Elect Chuck Bonfiglio, Jr. automatically ascend to their positions. Elected officers include Vice President Jorge Guerra, Jr., Treasurer Jeffrey Levine and Secretary Cynthia “Cyndee” Haydon. 2025 district […]
ST. PETERSBURG, Fla. — Facing widespread opposition across the political spectrum, Gov. Ron DeSantis ‘ plan to develop state parks with business ventures — such as golf courses, pickleball courts and large hotels — has hit a snag after a key supporter pulled the plug. The Department of Environmental Protection confirmed in an email […]
NEW YORK – People typically have two options when they need a place to live: rent or buy. There are pros and cons to each option, and what is best depends on the person and the situation. Choosing to rent or buy is a decision with many moving parts, says NerdWallet. Although buying a […]
News & Media 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. TALLAHASSEE, Fla. – With about 39% of claims closed, Hurricane Debby had caused about $119.5 million in estimated insured losses as of Friday, according to data posted on […]
News & Media NEW YORK – Disruptions in demand during the pandemic have caused disruption in the commercial real estate (CRE) sector, and financial distress can impact the banking sector, local governments’ fiscal models and the entire economy, according to the Brookings Institute. CRE faces a rise in demand that surpasses the speed at […]
News & Media By Jessica Lautz CHICAGO – No one likes jumping on a social media bandwagon more than NAR Research. So, by way of a recent meme, looking at the data, let’s focus on first-time buyers. First-time buyers have to be “demure and mindful” in many ways. Finances Housing affordability is a struggle, […]
News & Media SAN FRANCISCO – Many homeowners are not able to take on the stress or the cost of large renovations, especially with inflation and the cost of homeownership at an all-time high. Fortunately, certain features that are proven to be highly desirable in today’s market don’t require knocking down walls or a […]