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Real Estate News
- U.S. Consumer Sentiment Climbs November 8, 2024Consumer sentiment hits its highest since April. Long-term business conditions have reached their highest optimistic point in almost four years.amyc
- Home Prices Benefit Owners, Challenge Buyers November 8, 2024A typical homeowner has accumulated $147,000 in housing wealth over the last five years. Prices remain on solid ground, NAR’s chief economist said.amyc
- Who’s Responsible for Landscaper Damage? November 8, 2024If an HOA hires a contractor who then causes damage, the HOA shares the responsibility for addressing those damages. Take clear photos of the damages.amyc
- Consumers More Confident on Housing November 8, 2024Despite higher home prices, the share of consumers who think it’s a good to time to buy increased to 20%. Those who think it’s a good time to sell declined to 64%.amyc
- Fed Cuts Key Interest Rate a Quarter-Point November 7, 2024The Fed cut its key interest rate by 0.25%, lowering it to 4.6%, as inflation drops near its 2% target. Interest rates impact mortgage rates.amyc
- Mortgage Rates Rise for Sixth Straight Week November 7, 2024Average rates on 30-year mortgages ticked up to 6.79% from 6.72% last week. Borrowing costs on 15-year fixed-rate mortgages rose to 6% from 5.99% last week.amyc
- Aging-In-Place Tech Making Staying Home Easier November 7, 2024Older adults who want to age in place have new technology that makes it easier, including smart home and medical management systems.amyc
- NAR Adds Guides for Buying and Practice Changes November 7, 2024NAR released a new guide for first time buyers and a video series for Realtors related to the practice changes for the proposed settlement.amyc
- Multifamily Developer Sentiment Mixed November 7, 2024Demand for apartments remains strong, but high construction costs, financing challenges, land shortages and regulations will slow development in the coming months.amyc
- Four Florida Cities Among Best for Veterans November 7, 2024Orlando, Tampa, St. Pete and Jacksonville are among the most veteran-friendly cities in U.S. across four categories: economy, employment, health and quality of life.amyc