by Editor | Nov 1, 2024 | General News
Newly built homes are making up a smaller portion of total inventory as builders back off and more homeowners list their houses for sale. SEATTLE — Newly built homes made up 28% of single-family homes for sale nationwide in the third quarter, the lowest level in three...
by Editor | Oct 31, 2024 | General News
By Alex Veiga The rate on 30-year mortgages rose to 6.72% from 6.54% last week, Freddie Mac said. Rates on 15-year mortgages rose to 5.99% from 5.71% last week. NEW YORK — The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning...
by Editor | Oct 31, 2024 | General News
By Alex Veiga Down payment dollar amounts fell in 21 states in the third quarter with the biggest decline in Florida, where they fell 24% from a year earlier. LOS ANGELES — Homebuyers opted to make smaller down payments this summer as declining mortgage rates helped...
by Editor | Oct 31, 2024 | General News
By Amy Connolly NAR’s latest Consumer Guide, Ten Questions to Ask a Seller’s Agent, provides helpful questions sellers should consider when selecting an agent. WASHINGTON — Sellers now have a new tool to help them choose their ideal real estate agent. The...
by Editor | Oct 30, 2024 | General News
Reporting companies created or registered to do business in the U.S. before January 1, 2024, must file by January 1, 2025. TALLAHASSEE – As the deadline approaches, Florida lawyers must prepare for an important regulatory shift: the U.S. Department of the Treasury’s...