WASHINGTON – Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, car buyers, would-be homeowners – pretty much everyone – began obsessing over a single question: When will the Fed start cutting rates? But now, with the U.S. economy showing surprising vigor, a […]
News & Media By Elena Cox MIAMI – The pace at which homes sell in the U.S. tends to ebb and flow over the calendar year, with homes selling fastest in the summer and slowest in the winter. But high home prices and mortgage interest rates are keeping many potential buyers on the sidelines. […]
WASHINGTON – The U.S. Circuit Court of Appeals in Washington, D.C., ruled Friday that the Department of Justice is not barred from re-opening its investigation into the National Association of Realtors. That probe had looked at how real estate agents have been compensated under a longtime system that many critics say has led to […]
NEW YORK — When tackling your taxes, it can sometimes be hard to figure out whether to opt for a standard deduction or itemize. According to tax pros, itemizing generally only makes sense if your itemized deductions, taken together, add up to more than the current standard deduction of $13,850 for a single filer […]
TAMPA, Fla. – With its endless sunshine, pristine beaches, and vibrant culture, it’s no wonder Florida is a magnet for those looking to relocate. But as the moving trucks roll in, so do the potential pitfalls of navigating a sea of moving companies—each promising the smoothest transition to your new paradise. Amid this backdrop, […]
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 […]
NEW YORK –The majority of home buyers and sellers rely on real estate agents—nearly 90% of them—but they’re looking for certain types of help, and what they need could differ depending on their age and experience in the market, finds a new study from the National Association of Realtors®. Home buyers, for example, don’t […]
LAS VEGAS – Bruce Hiatt is hoping the integration of artificial intelligence will help take his real estate company to the next level, and in turn, could require less physical agents in the process. Hiatt, a Las Vegas-based broker who is also the owner of Luxury Realty Group, is currently beta testing an AI […]
TALLAHASSEE, Fla. – Floridians received a second reminder Thursday to brace for a busy 2024 hurricane season, as Colorado State University researchers issued a forecast pointing to warm Atlantic Ocean water that fuels storms. Philip Klotzbach, a senior research scientist in the university’s Department of Atmospheric Science, said the forecast for a “very, very […]
MIAMI – With sun-kissed beaches, vibrant cultural scenes and appealing tax benefits, Florida has always been a coveted destination for luxury real estate investors and developers. The state has witnessed an unprecedented boom in its luxury real estate sector in recent years, driven by economic, lifestyle and demographic factors. From lively Miami Beach to […]
MIAMI – We all know “There’s no place like home” – but buying a house in Florida requires more than clicking your heels together three times. Issues like insurance coverage, mortgage rates and construction supply shortages have plagued Florida home buyers for years. COVID and Hurricane Ian further complicated the process of buying a […]
WASHINGTON – Millennials have surged ahead to become the largest group of home buyers, marking a significant shift in the housing market’s demographic landscape, according to the latest report from the National Association of Realtors®. The 2024 Home Buyers and Sellers Generational Trends report, which examines the similarities and differences among recent home buyers and sellers […]