by Editor | Nov 11, 2024 | General News
By Jessica Orlando Experts said Florida has done well protecting buildings from wind damage and should now focus on protections from storm surge. MANASOTA KEY, Fla. — As the 2024 hurricane season nears its Nov. 30 finish line, Florida is left picking up the pieces...
by Editor | Nov 8, 2024 | General News
By Amy Connolly Consumer sentiment hits its highest since April. Long-term business conditions have reached their highest optimistic point in almost four years. WASHINGTON — U.S. consumer sentiment improved for the fourth-straight month, hitting its highest reading in...
by Editor | Nov 8, 2024 | General News
By Melissa Dittman Tracey A typical homeowner has accumulated $147,000 in housing wealth over the last five years. Prices remain on solid ground, NAR’s chief economist said. CHICAGO —Homeowners continued to see their equity grow in the third quarter, with nearly 90%...
by Editor | Nov 8, 2024 | General News
Despite higher home prices, the share of consumers who think it’s a good to time to buy increased to 20%. Those who think it’s a good time to sell declined to 64%. WASHINGTON — The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 0.7 points in October to...
by Editor | Nov 7, 2024 | General News
By Christopher Rugaber The Fed cut its key interest rate by 0.25%, lowering it to 4.6%, as inflation drops near its 2% target. Interest rates impact mortgage rates. WASHINGTON — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to...
