FORT LAUDERDALE, Fla. – Question: Our tenant installed a water filter directly into the plumbing without our knowledge. This caused a leak that drained through the floor and damaged the unit directly below ours. Of course, the tenant is not concerned about the damage he caused. What do we do? — Dennis Answer: As […]
NEW YORK – Americans have been hit hard by high borrowing costs in recent years, but with the Fed weighing a potential interest rate cut, some relief could come as soon as September. Starting in March 2022, the Federal Reserve began rapidly raising interest rates to crush inflation and cool a red-hot labor market. […]
CHICAGO – Tammi Brannan believes that all of us have the potential to get stuck in our ways. We’ve either done something one way so long that we can’t see how to change, or we’re sure our efforts will pay off if we just keep at it a little longer. It’s called spinning your […]
NEW YORK – The typical U.S. worker’s pay is about the same as it was in late 2019, after accounting for inflation. But workers in some states have seen sharply higher earnings, especially in scenic areas that are appealing to remote workers and have labor shortages. In Montana, for example, average pay has increased […]
News & Media By Barbara Ballinger CHICAGO – Fifty-two years ago, Barb Schwartz debuted the concept of home staging based on her theatrical background and belief that properties could be improved before being listed. The staging process continues to evolve from its beginnings, which was mostly about simple decluttering and a few trending props. […]
NEW YORK – Real estate has garnered considerable attention since 2020, and for good reason. Though speculators and real estate professionals may point to several variables that have affected the home market in recent years, the pandemic certainly was among those factors. Real estate prices and mortgage interest rates increased significantly during the pandemic […]
News & Media NEW YORK – The National Association of Realtors®’ 2023 Profile of Home Buyers and Sellers found that baby boomers aged 59 to 77 are among the homeowners downsizing, accounting for 45% of home sellers last year. The silent generation (age 78 and up) accounts for 6%. Combined, they account for more […]
CHICAGO – The National Association of Realtors® (NAR) has named Nykia Wright its permanent chief executive officer, effective immediately. Nykia Wright Wright, an executive with vast experience driving organizational transformation, has served in the interim CEO role since November 2023. “I am thrilled Nykia is staying on board to lead us through this time […]
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. – Estimated insured losses from Hurricane Debby reached $113.8 million, as claims continue to be filed after the storm, which made landfall Aug. 5 in Taylor […]
TALLAHASSEE, Fla. – Senate President Kathleen Passidomo on Friday ruled out a special legislative session to address problems facing condominium associations and owners, including soaring costs. In a memorandum to senators, Passidomo said condominium laws can be addressed during committee meetings after the November elections and during the 2025 regular session. She pointed to […]
News & Media By Mitchell Hartman NEW YORK – With inflation continuing to track toward the Federal Reserve’s 2% target and the job market slowing, there’s a wide consensus among economists and investors that the Fed will begin cutting interest rates at their meeting in mid-September. Analysts anticipate rate cuts again in November and […]
SEATTLE – Competition for homes and price appreciation tapered off faster than normal in July as high housing costs continued to stymie shoppers, according to the Zillow market report. But recent drops in mortgage rates should spur more competition as we head into fall. “If this relief from mortgage rates continues, we should see […]