Black Homeownership Rises, Still Lags Behind

Black Homeownership Rises, Still Lags Behind

Hispanic homeownership rose 5.8 percentage points (3.5M owners) from 2013-2023, the largest increase among racial groups, NAR also said. WASHINGTON — The U.S. Black homeownership rate experienced the greatest year-over-year increase in 2023 among racial groups, yet it...
Builder Confidence Down, Optimism Remains

Builder Confidence Down, Optimism Remains

Builders continue to face elevated building material costs and other supply side challenges, NAHB said. However, they are seeing regulatory relief. WASHINGTON — Economic uncertainty, the threat of tariffs and elevated construction costs pushed builder sentiment down...
Revenue Estimates Up Amid ‘Uncertainty’

Revenue Estimates Up Amid ‘Uncertainty’

Florida economists raised revenue projections by $1.3B but noted economic uncertainty, citing weaker economic variables, federal policies and market concerns. TALLAHASSEE, Fla. — Florida economists Friday warned that “uncertainty exists” as they increased general...
NAR: WOTUS Review a Win for Property Owners

NAR: WOTUS Review a Win for Property Owners

NAR President Kevin Sears joins EPA chief Lee Zeldin for the announcement of the review and a promise of “clear and simplified direction” for landowners. WASHINGTON — The U.S. Environmental Protection Agency’s announcement Wednesday that it will simplify the...
RE Q&A: Stopping Raccoon Damage in Condo Lot

RE Q&A: Stopping Raccoon Damage in Condo Lot

By Gary M. Singer When raccoons damage cars in a condo parking lot, owners are usually responsible, but the association may share some responsibility. FORT LAUDERDALE, Fla. — Question: I live in a great condo community, but recently we have experienced raccoons...