WASHINGTON – Single-family built-for-rent construction posted year-over-year gains as of the second quarter of 2024, as builders sought to add additional rental housing in a market facing ongoing, elevated mortgage interest rates. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 23,000 […]
News & Media By Daniel Ackerman NEW YORK – Turns out, most of us are waiting on the Federal Reserve for something or other. A survey conducted by NerdWallet found 61% of respondents are planning a significant financial action once the Fed cuts interest rates‚ and that could happen as soon as next month. […]
News & Media By Sara Filips TAMPA, Fla. – “Fun” can be defined in many ways, but one study reveals that Americans can collectively agree on certain states that are considered more fun than others. A new study from WalletHub revealed that Florida is ranked number 1 among all 50 states across 26 key […]
NEW YORK – Do you spend lazy Saturday afternoons browsing online, wishing you had the budget to hire an interior designer to replicate their artistic interiors? Well-designed rooms don’t always have to come with a huge price tag; designing on a budget may be easier than you think. Many times, by changing small things, […]
News & Media NEW YORK – A new study conducted by New Jersey Real Estate Network revealed the states most eager to fix up their homes, with Florida ranked fourth for the biggest desire to revamp their properties. Researchers analyzed the following 50 key search terms around remodels. According to the findings, Florida averaged […]
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 […]