RE Q&A: Must a Developer Add a Dog Walk?

RE Q&A: Must a Developer Add a Dog Walk?

By Gary M. Singer A verbal promise of a dog-walk area in a condo, not included in the written agreement, limits legal recourse. Residents may appeal as a group. FORT LAUDERDALE, Fla. – Question: We, along with others in our new construction condo, were all told there...
Average 30-Year Mortgage Rate Falls Slightly

Average 30-Year Mortgage Rate Falls Slightly

By Alex Veiga Rates on 30-year mortgages fell to 6.65% from 6.67% last week, while rates on 15-year mortgages rose to 5.89% from 5.83% last week, Freddie Mac said. NEW YORK — The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome...
Pending Home Sales Advanced 2.0% in February

Pending Home Sales Advanced 2.0% in February

Pending home sales in the South rose 6.2% in February, leading regional gains. The South remains a stronger market than other regions. WASHINGTON — Pending home sales improved 2.0% in February according to the National Association of Realtors®. The Northeast and West...
Seller’s Guide to Navigating Multiple Offers

Seller’s Guide to Navigating Multiple Offers

NAR’s latest Consumer Guide provides sellers with insights on evaluating several offers, negotiation strategies and other useful information. ORLANDO, Fla. — Sellers with multiple offers may face a challenging decision: Should they go with the highest bid, the quicker...
Hispanic Homeownership Hits Record High

Hispanic Homeownership Hits Record High

In 2024, 9.8M Hispanic households owned homes, but the rate fell as household growth outpaced ownership. NAHREP urges action on affordability and supply.   SAN DIEGO, Calif. – In 2024, Hispanic homeownership reached a record high, with 9.8 million Hispanic households...