by Editor | Dec 15, 2022 | General News
By Marla Martin NAR Chief Economist Yun’s forecast represents a drop of about 6.8% from this year’s sales; he expects the median home price to rise just 0.3% from this year to $385.8K. WASHINGTON – Lawrence Yun, NAR chief economist and senior vice president of...
by Editor | Dec 15, 2022 | General News
By Cora Lewis Fed policymakers on Wed. raised the key rate by a half-point to a range of 4.25% to 4.5%, the highest in 14 years. But what do this year’s rate hikes mean to you? NEW YORK (AP) – The Federal Reserve’s move Wednesday to raise its key rate by a half-point...
by Editor | Dec 14, 2022 | General News
By Christopher Rugaber This 7th increase is smaller than the last four as signs point to easing inflation. By the end of 2023, the Fed forecasts the key short-term rate will reach 5% to 5.25%. WASHINGTON (AP) – The Federal Reserve reinforced its inflation fight...
by Editor | Dec 14, 2022 | General News
By Jim Saunders With property insurance described as a “hidden tax” on homeowners, lawmakers on Wed. approved a plan aimed at stabilizing the state’s troubled insurance market. TALLAHASSEE, Fla. – With property insurance described as a “hidden tax” on homeowners, the...
by Editor | Dec 14, 2022 | General News
By Ron Hurtibise Fla. homeowners can now apply by phone to the My Safe Florida Home program for up to $10K to improve and strengthen roofs, windows and exterior doors. FORT LAUDERDALE, Fla. – Florida homeowners with no internet access or limited patience to navigate...
