Condo Law Changes Prompt New Forms, Webinar

Condo Law Changes Prompt New Forms, Webinar

By Amy Connolly Florida’s new condo law extends inspection deadlines and eases funding rules. Florida Realtors will soon release updated forms and host a June 30 webinar. ORLANDO, Fla. — In response to Gov. Ron DeSantis signing a bill Monday that revamps the...
New Home Sales Slip in May

New Home Sales Slip in May

Sales of newly built single-family homes declined 13.7% in May on elevated interest rates and economic uncertainty, said NAHB. WASHINGTON — Elevated interest rates and economic uncertainty sent more home buyers to the sidelines in May as housing affordability...
Hidden Home Equity Tax Hits Longtime Owners

Hidden Home Equity Tax Hits Longtime Owners

By Allaire Conte Millions of homeowners risk surprise tax bills on sale profits due to capital gains limits that haven’t changed since 1997, despite soaring prices. AUSTIN, Texas – Millions of American homeowners are sitting on a hidden tax burden they never planned...
Powell: No Rate Change for Now

Powell: No Rate Change for Now

Fed Chair Jerome Powell said interest rates will remain steady for now, citing a solid economy, easing inflation and concerns prices will rise from tariffs.  WASHINGTON – Federal Reserve Chair Jerome Powell indicated Tuesday that the central bank is prepared to...
U.S. Consumer Confidence Down in June

U.S. Consumer Confidence Down in June

Consumers remain concerned about the economy, a new survey showed. Compared to May, more consumers were undecided about plans to buy big-ticket items overall. NEW YORK – Americans’ view of the U.S. economy went down in June with consumers’ assessment of their...
U.S. Home Prices Down 0.4% in April

U.S. Home Prices Down 0.4% in April

On a year-over-year basis, prices rose 3.0%, with the South Atlantic region up 1.6%. Monthly changes varied by region, from -1.3% to +1.2%. WASHINGTON – U.S. house prices fell 0.4% in April, according to the U.S. Federal Housing seasonally adjusted monthly House Price...