WASHINGTON – A new Realtor.com analysis shows the metro areas where affordability for the median earner will improve the most if rates drop to 6.3%, which could happen in the coming months. In other words, the monthly savings on house payments from lower mortgage rates would be enough to bring a significant number of […]
News & Media By Amy Connolly ORLANDO, Fla. – The “best of the best” – that’s what 15 Realtors® in communities across Florida now can claim, having earned their endorsement as a Florida Realtors® Board Certified Professional. “A Florida Realtors Board Certified Professional is a Realtor that has earned the distinction of high competence […]
NEW YORK — The Federal Reserve is poised to cut its benchmark interest rate next month from its 23-year high, with consequences for consumers when it comes to debt, savings, auto loans and mortgages. Right now, most experts envision three quarter-point Fed cuts – in September, November and December – though even steeper rate […]
TALLAHASSEE, Fla. – Future visits to some of Florida’s state parks could include getting in 18 holes of golf or playing pickleball. The state Department of Environmental Protection this week announced what it has dubbed a “Great Outdoors Initiative” aimed at expanding public access to state parks. The announcement included such things as adding […]
News & Media NEW YORK – Home improvement trends come and go. The wildly popular open floor plan concepts that have dominated homeowners’ desires over the past decade-plus could be falling out of favor. Rachel Stults of Realtor.com linked that shift to the COVID-19 pandemic, in a 2023 interview with Business Insider. Stults noted […]
TALLAHASSEE, Fla. – A sales-tax “holiday” will start Saturday that can help Floridians prepare for storms as the state moves into the peak of hurricane season, while another set of tax breaks is on the horizon for people buying tools and other work gear. The holiday periods, which will allow people to avoid paying […]
SEATTLE — The median U.S. monthly mortgage payment was $2,587 during the four weeks ending August 18, its lowest level since February and down 0.1% from a year earlier, according to the real estate brokerage Redfin. While it’s a small drip, it marks the first time in four years monthly payments have posted any […]
JACKSON HOLE, Wyoming — With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday. Fed Chair Jerome Powell Powell did not say when rate cuts would begin or how large they might be, […]
WASHINGTON – Sales of new homes rose unexpectedly in July, following significant revisions in the previous months’ data. Sales of newly built, single-family homes in July rose 10.6% to a 739,000 seasonally adjusted annual rate from significant upward revisions in June, according to newly released data from the U.S. Department of Housing and Urban […]
CHICAGO – We are now living with millions of internet-connected devices. Literally. Year after year, more companies introduce more smart home devices – think Alexa, Ring cameras, smart appliances, smart thermostats – and those devices interact to make homes more comfortable and household tasks easier and convenient. These internet-connected devices –parts of the Internet […]
WASHINGTON – Existing-home sales improved in July, breaking a streak of four consecutive monthly declines, according to the National Association of Realtors®. Three out of four major U.S. regions registered sales increases while the Midwest remained steady. Year-over-year, sales rose in the Northeast and West but retreated in the Midwest and South. Total existing-home […]