by Editor | Dec 6, 2024 | General News
Redfin found an uptick in early stage homebuying activity after the election, despite high home prices and mortgage rates. SEATTLE — Redfin’s Homebuyer Demand Index is sitting near its highest level since September 2023, according to a new report from the real estate...
by Editor | Dec 6, 2024 | General News
The University of Michigan said its consumer sentiment index climbed to 74.0 in December from 71.8 in November. Economists expected the index to rise to 73.0. WASHINGTON — A report released by the University of Michigan on Friday showed consumer sentiment in the U.S....
by Editor | Dec 6, 2024 | General News
A Citizens Property Insurance official said reforms passed by the Legislature are continuing to stabilize the market and depopulation efforts are progressing. TALLAHASSEE, Fla. — Changes to Florida laws — including a provision making it harder for policyholders to...
by Editor | Dec 5, 2024 | General News
By Ron Hurtibise Commissioner Yaworsky says the state needs to analyze previous reforms, which seem to be boosting the private insurance market, before lawmakers introduce new efforts. FORT LAUDERDALE, Fla. — Here’s what Florida insurance officials want the...
by Editor | Dec 5, 2024 | General News
A U.S. District Court’s prelim injunction has stopped enforcement of the Corporate Transparency Act and the BOI. NAR’s BOI Compliance webinar remain on for Dec. 10. WASHINGTON – On Dec. 3, 2024, the U.S. District Court for the Eastern District of Texas issued a...
by Editor | Dec 5, 2024 | General News
It’s the lowest level since late Oct.; last week it was 6.81%. The average 15-year mortgage interest rate fell to 5.96%. Rates mostly have been rising in recent weeks. WASHINGTON (AP) — The average rate on a 30-year mortgage in the U.S. eased again this week, slipping...