Redfin: Many Homeowners Say They’ll Never Sell

​ SEATTLE — More than one-third (34%) of U.S. homeowners say they’ll never sell their home, and another 27% say they wouldn’t consider selling for at least 10 years, according to the real estate brokerage Redfin. Roughly one-quarter (24%) of homebuyers plan to sell in five to 10 years, while just 8% plan to sell […]

How to Use ‘Unexpected Red Theory’ to Sell Homes

​ CHICAGO – Perfecting home staging is an art as much as it is a science. “Unexpected red theory” is gaining buzz in the interior design world, and you may be able to leverage it when preparing homes for sale by crafting more memorable spaces. Here’s how it works. ‘Unexpected Red Theory’ Uncovered Red is […]

Finding a Dream Home in the New Year

​ FORT LAUDERDALE, Fla. – Question: After several years of renting, we plan to purchase our first home in the new year. Do you have any advice on how we can find our dream home? — Joan Answer: Buying your first home is an exciting but anxious time. Getting caught up in the process and […]

Financing Options for a Second Home

​ NEW YORK – The overall decline in mortgage rates over the past year has been a welcome shift for buyers who want to finance a home purchase. But keep in mind that mortgage rates on a second home run slightly higher than they do for primary homes because from the lender’s perspective, the additional […]

Mapping the Move to Florida

​ News & Media NEW YORK – Florida is attracting lots of Americans. After accounting for households that moved out of the state, Florida gained 125,316 households from other states in the 2022 tax year. And most of the households coming in are bringing higher incomes than those leaving. This influx of new residents can […]

Housing Sentiment Finishes 2024 Higher

​ WASHINGTON – The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 1.9 points in December to 73.1 but remained substantially higher than year-ago levels due in part to ongoing mortgage rate optimism. Many consumers continue to expect mortgage rates to decline over the next 12 months. While December’s 42% share was lower than last […]

Florida Consumer Sentiment Continues to Climb

​ GAINESVILLE, Fla. – Consumer sentiment among Floridians soared in December to 86.4, its highest level in more than four years, jumping 5 points from a revised figure of 81.4 in November. Meanwhile, national consumer sentiment rose 2.2 points, continuing its fifth consecutive monthly increase. “As the year ends, Florida’s consumer sentiment has seen a […]

Real Estate Q&A: Dealing with Problems

​ FORT LAUDERDALE, Fla. — As 2025 begins, it looks like it will be another interesting year in real estate. While it is difficult to predict the ebbs and flows of the market, I can say with certainty that some of you will have a problem concerning your home. Every problem is unique, but after […]

New, Revised Forms Available

​ News & Media By Amy Connolly ORLANDO, Fla. — Florida Realtors® released three forms – two revised and one new – designed to assist Realtors® in managing transactions more effectively and address disclosure and documentation requirements. Revised forms: Seller Property Disclosure – Residential (SPDR-4): This form now allows sellers to disclose details about properties located […]

Rising Demand for Private Marinas in Luxury Markets

​ News & Media MIAMI – As boating increases in popularity, a growing number of buyers are seeking private marinas at their luxury homes for convenience and safety. Private marinas provide flexibility for homeowners for unplanned outings and add to the high-end  experience luxury owners are seeking. Developers are including more custom-build private docks and […]

Redfin: Renters Moving Less Than Ever

​ News & Media SEATTLE — A third (33.6%) of U.S. renters have lived in the same home for at least five years, up from 28.4% a decade ago, according to a new report from the real estate brokerage Redfin. While most renters move within five years — including 25.6% moving within 12 months and […]

Buying a House in 2025: Your How-To Guide

​ NEW YORK — It won’t be impossible to buy a house in 2025 — just be prepared to play on hard mode. According to a November 2024 report from ICE Mortgage Technology, the monthly principal and interest payment on an average-priced home is $2,385. While that’s not the highest it’s ever been, it’s still […]