WASHINGTON – The National Association of Home Builders (NAHB)/Westlake Royal Remodeling Market Index (RMI) for the second quarter of 2024 posting a reading of 65, down one point compared to the previous quarter. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as “good,” “fair” or “poor.” Each […]
CHICAGO – You’ve decided to use social media to market you real estate business. Great! But there are so many platforms, with new ones rolling out all the time, and there are so many different types of posts. How do you decide which platforms to use and what content to post? Let this post […]
CHICAGO – Young adult children have spent years relying on funding from the Bank of Mom and Dad, and now their parents say they may soon need to mooch off of them. Members of Generation X, currently in their 40s and 50s, are finding themselves “critically underprepared” for retirement, and they’re counting on financial […]
NEW YORK – Do you know how much time you spend on your phone? Did you know your phone can tell you? As a real estate professional, your smartphone is your most essential tool. But are you using it efficiently, or is it secretly draining your time and data? What can you do? Boost […]
News & Media NEW YORK – Until recently sellers were advised not to include their pets in photos of home listings. Now agents are saying that well-behaved dogs in photo listings, especially in living spaces, can be a positive. Typically, pets in photos would prevent buyers from picturing themselves in the home. But agents […]
NEW YORK – In most service-oriented industries, customers want to work with professionals who can prove they’re up to the task, whatever it may be. Customers want to understand what they’re paying for, and professionals must be able to articulate their expertise. This is – and has always been – true in real estate, […]
SEATTLE — The typical U.S. homebuyer’s monthly housing payment was $2,722 during the four weeks ending July 14, $115 lower than April’s all-time high, according to a new report from the real estate brokerage Redfin. That’s despite home prices sitting just about $100 shy of last week’s record high. Daily average mortgage rates have […]
WASHINGTON – President Joe Biden unveiled a proposal Tuesday to take aim at high housing costs, but his call to cap rent increases at 5% per year on large landlords has housing groups concerned. Leaders of these groups, including the National Association of Realtors®, are speaking out against Biden’s rent cap plan, saying it […]
News & Media By Jim Turner TALLAHASSEE, Fla. – The state has stopped taking new applications for a popular home-hardening program, less than a month after a new round of funding became available. The Department of Financial Services said online that funding has been “exhausted” for initial inspections in the My Safe Florida Home […]
News & Media WASHINGTON – The U.S. Federal Reserve, the Federal Deposit Insurance Corp., Consumer Financial Protection Bureau, the Federal Housing Finance Agency, the Office of the Comptroller of the Currency and the National Credit Union Administration issued a final rule to address potential abuses related to the use of artificial intelligence and other […]
NEW YORK – Whether you just became a homeowner or bought a house years ago, keeping it clean is always a priority. Nevertheless, there are some tasks that you probably avoid because you think they’re time-consuming or difficult. If you don’t do these cleaning and maintenance tasks regularly, you inadvertently worsen your life. As […]
News & Media WASHINGTON – U.S. mortgage applications increased in the week ending July 12, after declining in the past three weeks, according to weekly survey results from the Mortgage Bankers Association. Mortgage applications rose 3.9% from the previous week, when they fell 0.2%, the MBA said. The Market Composite Index, which measures mortgage […]