by Editor | Oct 23, 2024 | General News
By Marla Martin Florida Realtors Chief Economist: Hurricane Helene disrupted the state’s RE market last month. Still, statewide inventory rose YoY for both Sept. and 3Q. ORLANDO, Fla. – In September and the third quarter (3Q) of 2024, Florida’s housing market...
by Editor | Oct 23, 2024 | General News
Existing-home sales fell nationally 1.0% in September to a seasonally adjusted annual rate of 3.84 million. In the South, existing-home sales decreased 1.7%. WASHINGTON — Existing-home sales drew back in September, according to the National Association of Realtors®....
by Editor | Oct 22, 2024 | General News
By Carol Weinrich Helsel Real estate professionals are building client loyalty and responding to needs among a quickly growing Hispanic demographic. CHICAGO – Homeownership among Hispanic Americans is at an all-time high of 51%, according to the National Association...
by Editor | Oct 22, 2024 | General News
By Gary M. Singer If your tree falls during a storm and damages your neighbor’s house, who pays? Let your insurance company handle it. FORT LAUDERDALE, Fla. – Question: During the recent storm, my neighbor’s overgrown tree was knocked over, destroying our fence and...
by Editor | Oct 22, 2024 | General News
The increase in new home sales shows they continue to be an appealing option. The average loan size for new homes rose to $402,658 in September. WASHINGTON – The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2024 shows mortgage...
by Editor | Oct 21, 2024 | General News
Even with affordability headwinds, builders remain optimistic about the future of the market. The share of builders cutting prices held steady at 32% in October. WASHINGTON — With inflation gradually easing and builders anticipating mortgage rates will moderate in...
