Florida Realtors Signs MoU With JARECO

Florida Realtors Signs MoU With JARECO

Florida Realtors Pres. Tim Weisheyer, left, with JARECO Chair Masayuki Nakagawa, right, show the signed agreement between the Florida and Japan regional real estate groups while others look on. By Marla Martin Pres. Weisheyer met with the Japan-America Real Estate...
Fed Cuts Key Interest Rate

Fed Cuts Key Interest Rate

By Christopher Rugaber The Federal Reserve lowered its key rate by 0.25 points to 3.9%, its second rate cut this year and a move that could gradually lower mortgage rates. WASHINGTON — The Federal Reserve cut its key interest rate Wednesday for a second time this year...
NAR: Pending Home Sales Flat in September

NAR: Pending Home Sales Flat in September

Pending home sales held steady in September, with the South leading regional gains, NAR said. Inventory hit a five-year high as mortgage rates trended lower. WASHINGTON — Pending home sales in September showed no change from the prior month and fell 0.9% year over...
October Consumer Confidence Dips

October Consumer Confidence Dips

By Matt Ott U.S. consumer confidence fell slightly as concerns about inflation and future job prospects grew, signaling continued unease about the economy. WASHINGTON — Consumer confidence weakened slightly in October as Americans remain anxious about their future...
Citizens Policy Count Plummets

Citizens Policy Count Plummets

By Jim Saunders Citizens had 569,495 policies as of Friday, down from 768,643 policies a week earlier, as the depopulation program continues. TALLAHASSEE, Fla. — With private insurers scooping up customers, the state’s Citizens Property Insurance Corp. shed nearly...
The ‘Silver Tsunami’ in Real Estate Is Here

The ‘Silver Tsunami’ in Real Estate Is Here

By Melissa Dittmann Tracey More than 70 million Americans are 65+, and baby boomers now lead both buying and selling, driving trends in downsizing, aging in place and multigenerational living. NEW YORK — For years, the real estate industry has heard the “Silver...