WASHINGTON – Black homeowners’ property values are on the rise across the country, with some of the biggest upswings in Midwestern and Southern states. The boon to Black homeowners, after decades of lagging property values, could help them close a racial wealth gap that has kept the American dream out of reach. Home values […]
News & Media ARLINGTON, Texas – D.R. Horton CEO Paul Romanowski feels good about the Florida housing market, saying the inventory has increased 57% year-over-year. “There certainly has been a lot of news tied to the rise in insurance rates and for most of where we sell our homes are off the coast, and […]
WASHINGTON — U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures with prices and interest rates still elevated. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 97 in April from 103.1 in March. The index measures […]
WASHINGTON – Charitable giving continues to rise among Realtors® and Realtor associations, according to a new report from the National Association of Realtors®. The 2024 Community Aid and Real Estate Report – CARE Report – provides insight into the monetary and volunteer contributions of NAR members, broker-owners and AEs or MLS staff. Monthly volunteering […]
NEW YORK – Home buyers are willing to pay more for a backyard decked out with all the bells and whistles. New Zillow research finds homes equipped with an outdoor TV command 3.1% more than expected or $10,749 on a typical U.S. home. That’s the highest sale price premium of all 359 features Zillow […]
News & Media ORLANDO, Fla. – 2024 Florida Realtors® President-Elect Tim Weisheyer was named as the new chair for the Greater Orlando Aviation Authority Board. Weisheyer, who will serve as Florida Realtors president in 2025, will head up the seven-member board that oversees operations at Orlando International Airport and Orlando Executive Airport. He replaces […]
NEW YORK – High interest rates understandably cause many people to shy away from buying homes, but there are a few other factors potential homebuyers should consider. Dave Ramsey, personal finance author and host of The Ramsey Show, explained how taking a close look at the housing market — and one’s own financial well-being […]
CHICAGO – As a real estate agent, juggling clients’ details, listings and appointments is a full-time job. How can real estate agents make their own lives easier? One answer is to implement a Customer Relationship Management (CRM) system into your business. It is likely that your brokerage offers access to a CRM, and if […]
News & Media By Amy Connolly WASHINGTON – U.S. home prices rose in February, up 1.2% from January, according to the Federal Housing Finance Agency (FHFA) House Price Index, which tracks all U.S. mortgages under government-sponsored enterprises, notably Fannie Mae and Freddie Mac. Year-over-year, home prices rose 7.0% in February 2024. The previously reported […]
GAINESVILLE, Fla. – Consumer sentiment among Floridians ticked up 1.3 points in April to 73.3 from March’s revised figure of 72. National sentiment, on the contrary, dropped 2.2 points. “The rise in consumer sentiment is attributed to Floridians’ positive views regarding the nation’s economic outlook. In particular, expectations about the U.S. economy over the […]
ORLANDO, Fla. – Members sometimes call the Florida Realtors® Legal Hotline asking if parties can come up with their own language to address issues in a contract. The answer is yes, parties to a contract can draft clauses with or without the help of a lawyer. However, drafting contract language that holds up to […]
WASHINGTON – The U.S. Supreme Court issued two unanimous rulings in the past weeks in favor of landowners under the Constitution’s Takings Clause, which bars the government from taking private property for public use without just compensation. In both cases, the National Association of Realtors® back the defendants who were protecting their property rights: […]