by Editor | Jul 12, 2022 | General News
By Kerry Smith NAR’s 2022 Member Survey: Realtor membership grew 5.4% to 1.56M. The typical Realtor had sales volume of $2.6M and 12 transactions – a year-to-year increase. WASHINGTON – Amid a persistent housing-supply crunch, 57% of Realtors® said that lack of...
by Editor | Jul 12, 2022 | General News
By Ron Hurtibise As Fla. home values soar, calls grow to increase state-owned Citizens Insurance eligibility cap to $1 million statewide rather than in just two counties. FORT LAUDERDALE, Fla. – Inflation is making thousands of Florida houses and condos ineligible for...
by Editor | Jul 12, 2022 | General News
By Melissa Dittmann Tracey The average cost to move a U.S. household rose 15% year-to-year, and 51% in top-cost Maine. But moving costs fell in 5 states, including 5% in New Mexico. CHICAGO – Aside from rising mortgage rates and home prices, buyers are being squeezed...
by Editor | Jul 11, 2022 | General News
By Dave Berman Miami charges the seventh-highest average rent in the nation and is No. 1 in Fla. at $2,846. Jacksonville is Fla.’s least expensive with rent averaging $1,748. Gainesville, Fla. – These are the highest and lowest rental housing markets across the...
by Editor | Jul 11, 2022 | General News
Why are housing prices rising quickly? A Federal Reserve study found supply-side challenges less influential than ongoing and strong buyer demand. NEW YORK – A new U.S. Federal Reserve working paper translated individual property listings from CoreLogic covering 2002...
