by Editor | Nov 4, 2024 | General News
A record high 26% of buyers paid cash for their home and 17% purchased a multigenerational home, according to NAR’s new 2024 buyers and sellers profile. WASHINGTON — The first-time homebuyer market share decreased to a historic low of 24% (down from 32% last year),...
by Editor | Nov 4, 2024 | General News
The Federal Reserve meets later this week and is expected to cut their benchmark rate by a quarter-point. Interest rates impact mortgage rates. WASHINGTON — No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later...
by Editor | Nov 4, 2024 | General News
By Mae Anderson Businesses that use Google Local Services for ads should get verified on Google or run the risk of having their advertising paused. NEW YORK — Google is changing the way its Google Local Services ads work, which could affect millions of small...
by Editor | Nov 1, 2024 | General News
By Melissa Dittman Tracey NAR Chief Economist Lawrence Yun forecasts improved home sales, slower appreciation and falling mortgage rates over the next two years. CHICAGO — More home buyers signed contracts for a home purchase in September, a sign that the housing...
by Editor | Nov 1, 2024 | General News
By Mike Schneider Florida’s population has grown by one-third to 23 million residents in the two decades since Charley, Frances, Jeanne and Ivan ravaged the state. ORLANDO, Fla. — The news rippled through Treasure Island, Florida, almost like a third storm: The...