Bigger Down Payments Continue in Q4 2024

Bigger Down Payments Continue in Q4 2024

The typical Q4 down payment was $30,250, slightly below Q3 but $3K higher year-over-year. Higher home prices and rates were keeping down payments elevated. AUSTIN, Texas – The typical down payment in the fourth quarter was $30,250, according to a new report from...
Creating a Peaceful Backyard Retreat

Creating a Peaceful Backyard Retreat

A relaxing backyard space could include water features, shaded spots and multiple gathering spaces. Backyard retreats may boost home value by 3.1%. largely a thing of the past, as homeowners have realized just how valuable it can be to commit to a stunning backyard....
NAR Adds Flexibility for Sellers

NAR Adds Flexibility for Sellers

By Stacey Moncrieff NAR’s new policy lets MLSs set a delay period before sellers and agents market properties publicly through IDX or syndication. WASHINGTON — “Informed consumer choice” might well be a catchphrase for the National Association of Realtors® as it...
New Home Sales Edge Higher in February

New Home Sales Edge Higher in February

Sales of newly built, single-family homes in February increased 1.8% thanks to slightly lower mortgage rates. Inventory was up 7.5% compared to a year earlier. WASHINGTON — A slight decline in mortgage rates and limited existing inventory helped new home sales to edge...
AccuWeather Predicts Busy Hurricane Season

AccuWeather Predicts Busy Hurricane Season

By Richard Tribou The weather service forecasts up to six U.S. tropical impacts in 2025, with 13-18 named storms and 3-5 major hurricanes. MIAMI — Another busy hurricane season could be in store with up to six tropical systems making an impact on the United States,...