by Editor | Nov 5, 2024 | General News
Baby boomers are buying homes in three Florida metros – Jacksonville, Tampa and Orlando – at a faster rate compared to other regions, a new survey found. NEW YORK — Baby boomers are retiring in record numbers. Retirement often signals a major shift in a person’s...
by Editor | Nov 5, 2024 | General News
Redfin: Rentership rates are lower in metros where it’s more affordable to buy a home. Cape Coral has the lowest share of renter households among metros analyzed. SEATTLE — The number of renter households rose 2.7%, in the third quarter year over year, to a record...
by Editor | Nov 4, 2024 | General News
A record high 26% of buyers paid cash for their home and 17% purchased a multigenerational home, according to NAR’s new 2024 buyers and sellers profile. WASHINGTON — The first-time homebuyer market share decreased to a historic low of 24% (down from 32% last year),...
by Editor | Nov 4, 2024 | General News
The Federal Reserve meets later this week and is expected to cut their benchmark rate by a quarter-point. Interest rates impact mortgage rates. WASHINGTON — No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later...
by Editor | Nov 4, 2024 | General News
By Mae Anderson Businesses that use Google Local Services for ads should get verified on Google or run the risk of having their advertising paused. NEW YORK — Google is changing the way its Google Local Services ads work, which could affect millions of small...
by Editor | Nov 1, 2024 | General News
By Melissa Dittman Tracey NAR Chief Economist Lawrence Yun forecasts improved home sales, slower appreciation and falling mortgage rates over the next two years. CHICAGO — More home buyers signed contracts for a home purchase in September, a sign that the housing...
