by Editor | Apr 11, 2025 | General News
By Christopher Rugaber U.S. consumer sentiment declined 11% to 50.8 amid rising job concerns and long-term inflation expectations, with declines across all groups. WASHINGTON — Consumer sentiment fell in April in the fourth consecutive month of declines. The...
by Editor | Apr 11, 2025 | General News
By Amy Connolly Tariffs on construction materials, particularly from China, may raise new home prices by up to $10,000 with costs possibly passed to consumers. ORLANDO, Fla. – Rising tariffs on construction materials could drive up the cost of new construction homes,...
by Editor | Apr 11, 2025 | General News
By Gary M. Singer A co-op board can stop maintaining a shared AC system if allowed by governing documents and approved by required votes, but actions must be reasonable. FORT LAUDERDALE, Fla. – Question: I live in a 16-unit co-op with a water-cooled AC that runs...
by Editor | Apr 10, 2025 | General News
By Alex Veiga The average rate on a 30-year mortgage fell to 6.62% from 6.64% last week, while rates on 15-year mortgages remained at 5.82%, Freddie Mac said. WASHINGTON — The average rate on a 30-year mortgage in the U.S. declined for the third week in a row, another...
by Editor | Apr 10, 2025 | General News
NAR provides clarity on its new Multiple Listing Options for Sellers policy, addressing seller flexibility, delayed marketing and more. WASHINGTON — The National Association of Realtors® shared additional information about its new Multiple Listing Options for Sellers...