December 9, 2024
U.S. Consumer Sentiment Improves in December
The University of Michigan said its consumer sentiment index climbed to 74.0 in December from 71.8 in November....
December 7, 2024
More Buyers Touring, Applying for Mortgages
Redfin found an uptick in early stage homebuying activity after the election, despite high home prices and mortgage...
December 6, 2024
U.S. Average 30-year Mortgage Rate Falls to 6.69%
It’s the lowest level since late Oct.; last week it was 6.81%. The average 15-year mortgage interest rate fell to 5.96%....
December 5, 2024
The Rise of Multi-Generational Home Buying
Multi-generational living offers families financial and emotional support, stronger bonds and shared caregiving...
December 4, 2024
December Rate Cut in Question
A key member of the Fed’s Board of Governors said a December rate cut depends on economic data, warning inflation could...
December 3, 2024
U.S. Home Prices Rise 4.3% YoY in Q3 2024
House prices rose as demand outpaced supply, but elevated prices and mortgage rates slowed growth.WASHINGTON –...
December 2, 2024
Pending Home Sales Climbed 2.0% in October
NAR’s Pending Home Sales Index increased 0.9% in the South to 90.0 in October, up 2.5% from a year ago. Pending sales...
November 30, 2024
Mortgage Rates: 30-Year Dips, 15-Year Inches Up
Rates on 30-year mortgages slipped to 6.81% from 6.84% last week, while borrowing costs on 15-year fixed-rate mortgages...
November 29, 2024
Single-Family Home Loan Limits Rise to $806,500
Beginning in 2025, Fannie Mae and Freddie Mac can acquire loans of up to $806,500 for single-family homes, a 5.2%...
November 27, 2024
U.S. Consumer Confidence Ticks Higher
Americans' view of the economy improved in November, with confidence rising to 111.7, driven by lower inflation...
November 26, 2024
Fed Likely to Slow Rate Cuts
Economists now foresee just three rate reductions in the coming months, in December, March and June. Interest rates...
November 25, 2024
Investor Home Purchases Plateau Across U.S.
U.S. investor home purchases fell 2% year over year in the third quarter, a much smaller change than the swings of the...
November 23, 2024
U.S. Consumer Sentiment Ticks Up
The University of Michigan’s consumer sentiment increased for the fourth straight month in November and is at its...
November 22, 2024
Florida’s Oct. Housing: Inventory Up, Prices Ease
Florida Realtors Chief Economist: New listings of homes for sale in October were impacted by Hurricanes Milton and...
November 21, 2024
How to Keep Moving Costs Down
Moving can be costly, but smart planning and knowing hidden fees can save money. Reduce clutter, avoid peak times and...
November 20, 2024
Redfin: U.S. Home Prices Rose 0.5% in October
On a year-over-year basis, home prices rose 5.9%, which is the smallest annual increase since December. Buyer demand is...
November 19, 2024
Builder Confidence Moves Higher
The National Association of Home Builders said builders expect market conditions to improve even with labor shortages...
November 18, 2024
Powell: Fed to Cut Rates Cautiously on Inflation
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts....
November 16, 2024
Redfin: Big Jump in Existing Home Sales
October existing home sales rose 1.6% month over month and are on track to finish this year higher than last...
November 15, 2024
Mortgage Rates Ease, Ending 6-Week Climb
Rates on 30-year mortgages slipped to 6.78% from 6.79% last week. Borrowing costs on 15-year fixed-rate mortgages fell...
November 14, 2024
NAR: Strength in Numbers
Treasurer’s report: National Association of Realtors' membership has held steady throughout 2024 and continued to top...
November 13, 2024
Real Estate Investing to Grow Your Finances
A survey shows 29% of Americans said real estate was their top pick for investing money they won't need for at least 10...
November 12, 2024
Mortgage Rate Climb Driven by Optimism
Despite Fed rate cuts, mortgage rates rose on economic confidence even with weaker job gains and temporary factors that...
November 11, 2024
Home Prices Benefit Owners, Challenge Buyers
A typical homeowner has accumulated $147,000 in housing wealth over the last five years. Prices remain on solid ground,...
November 9, 2024
U.S. Consumer Sentiment Climbs
Consumer sentiment hits its highest since April. Long-term business conditions have reached their highest optimistic...
November 8, 2024
Fed Cuts Key Interest Rate a Quarter-Point
The Fed cut its key interest rate by 0.25%, lowering it to 4.6%, as inflation drops near its 2% target. Interest rates...
November 7, 2024
10 Issues That Will Impact Real Estate in 2025
High financing costs, geopolitics and AI innovations are among the most pressing topics facing real estate in the year...
November 6, 2024
Renter Households Outpace Owners Nationally
Redfin: Rentership rates are lower in metros where it’s more affordable to buy a home. Cape Coral has the lowest share...
November 5, 2024
Federal Reserve Set to Cut Rates Again
The Federal Reserve meets later this week and is expected to cut their benchmark rate by a quarter-point. Interest rates...
November 4, 2024
Contract Signings Signal Market Improvements
NAR Chief Economist Lawrence Yun forecasts improved home sales, slower appreciation and falling mortgage rates over the...
November 2, 2024
The Benefit of Added Mortgage Payments
Adding just an extra $100 per month to a mortgage payment can have a significant impact on the debt, a financial expert...
November 1, 2024
Dip in Mortgage Rates Lowered Down Payments
Down payment dollar amounts fell in 21 states in the third quarter with the biggest decline in Florida, where they fell...
October 31, 2024
Pending Home Sales Advanced 7.4% in September
Pending home sales bounced 7.4% to the highest level since March; they're up 2.6% YoY. In the South, pending home sales...
October 30, 2024
U.S. Consumers Feeling Much More Confident
October’s increase in confidence was broad-based across all age groups and most income groups, The Conference Board...
October 29, 2024
5 Staging Tips to Appeal to the SINK Buyers
Professional stagers are looking to create curated designs for a growing number of households with a single income and...
October 28, 2024
New Home Sales Surge More Than Expected
The Commerce Department said new home sales surged by 4.1%, the highest level in over a year. Economists had expected...
October 26, 2024
Pending Sales Increase, Demand High
Pending sales and home tours stay strong despite rising mortgage rates, but investors are remaining cautious.WASHINGTON...
October 25, 2024
Home Equity Gains Level Off, Remain Strong
Almost half of mortgaged homeowners remain equity-rich, according to ATTOM. The portion of owners seriously underwater...
October 24, 2024
Should Homeowners Act on Lower Mortgage Rates?
With mortgage rates dipping, owners can explore lowering payments or using home equity. Experts advise weighing costs,...
October 23, 2024
A New Buyer Boom?
Real estate professionals are building client loyalty and responding to needs among a quickly growing Hispanic...
October 22, 2024
Home Sale Contracts Pick Up by 3.5%
Lower rates have encouraged buyers from the sidelines. In Florida, builders are offering incentives that include lot...
October 21, 2024
Single-Family Starts Trend Higher in September
Builder sentiment and easing monetary policy boosted single-family construction. Multifamily fell 9.4% due to tight...
October 19, 2024
Rising Rates Haven’t Slowed Pending Sales
Pending home sales posted their biggest increase since 2021 recently, but some house hunters are starting to pull back,...
October 18, 2024
Report: August National Rent Growth Slow, Steady
U.S. single-family rent prices were up by 2.4% year over year in August, the lowest rate of growth recorded since last...
October 17, 2024
Want the Best Mortgage Rate? Do This
Buyers should keep a close eye on their credit reports, control their debt-to-income ratio and maintain a strong...
October 16, 2024
Zillow: Rate Dip Makes for Lively 'Last Call'
September saw an uptick in activity from both buyers and sellers, Zillow said. Southern states, including Florida, have...
October 15, 2024
Rent or Buy? Do Falling Rates Change Anything?
A rent-versus-buy calculator can help potential homeowners determine if they can afford a monthly house payment or...
October 14, 2024
Will Rate Cuts Help Commercial Real Estate Debt?
Despite the Fed’s decision to reduce its benchmark interest rates, commercial investors may find that it’s too little,...
October 12, 2024
American Households: More Dogs, Fewer Babies
As households shrink and birth rates decline, pets are increasingly becoming integral family members. More adults are...
October 11, 2024
Condo Redevelopment Could Spark New Trend
Condo residents unable to afford structural repairs may sell their entire building to developers for redevelopment.FORT...
October 10, 2024
Why Mortgage Rates Haven't Fallen
Mortgage rates are complex and involve more than just Fed interest rate cuts. Analysts say mortgage rates are also...
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