by Editor | Nov 22, 2024 | General News
U.S. investor home purchases fell 2% year over year in the third quarter, a much smaller change than the swings of the last several years. SEATTLE — Real estate investors purchased 2.3% fewer homes in the third quarter than they did a year earlier, according to a new...
by Editor | Nov 22, 2024 | General News
By Gary M. Singer When selling a shared property, co-owners must decide how to fairly split profits or handle buyouts. Without an agreement, courts may intervene. FORT LAUDERDALE, Fla. – Question: A while back, I bought a property with a partner, and we each paid part...
by Editor | Nov 21, 2024 | General News
By Alex Veiga The average 30-year mortgage rate rose to 6.84% from 6.78% last week, the highest since July. Rates on 15-year fixed-rate mortgages increased to 6.02% from 5.99%. NEW YORK — The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week...
by Editor | Nov 21, 2024 | General News
By Marla Martin Florida Realtors Chief Economist: New listings of homes for sale in October were impacted by Hurricanes Milton and Helene. Inventory levels rose YoY. ORLANDO, Fla. — Florida’s housing market in October reported higher inventory levels (active listings)...
by Editor | Nov 21, 2024 | General News
Existing home sales in the South climbed 2.9% from September to an annual rate of 1.77 million in October, up 2.3% from one year earlier. WASHINGTON — Existing-home sales rose in October, according to the National Association of Realtors®. Sales improved in all four...
by Editor | Nov 20, 2024 | General News
By Amy Connolly Counties with the highest estimated insured losses from Hurricanes Milton and Helene include Pinellas, Hillsborough, Pasco and Manatee. TALLAHASSEE, Fla. — With more than 50% of Hurricanes Milton and Helene insurance claims closed, payouts have...
