Appraisal Reports Getting a Major Update

Appraisal Reports Getting a Major Update

By Amy Connolly Starting September, lenders will phase in a standardized, data-driven appraisal format. Agents should prepare for clearer, more consistent reports. ORLANDO, Fla. – Appraisal reporting is undergoing a major overhaul nationwide. Starting this September,...
Mortgage Rates at Lowest Level Since October

Mortgage Rates at Lowest Level Since October

By Alex Veiga Rates on 30-year mortgages fell to 6.58% from 6.63% last week while 15-year rates dropped to 5.71% from 5.75%, Freddie Mac said. MCLEAN, Va. — The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving...
Florida Shines as a Best State to Live

Florida Shines as a Best State to Live

By Sophia Fanning Florida ranks sixth nationally and highest in the Southeast in WalletHub’s livability study, excelling in economy, quality of life and dining options. TAMPA, Fla. — In a study of all 50 states, Florida was the only state in the Southeast U.S. to make...
Florida Home Prices Ease With More New Homes

Florida Home Prices Ease With More New Homes

By Melissa Dittmann Tracey Home prices rose slightly in most U.S. metros in Q2, NAR said. In Florida, prices have leveled off or grown only slightly as new construction adds more homes. CHICAGO — Home prices kept climbing in most U.S. metros – about 75% – during the...
Millennials, Gen Z Transform Housing Market

Millennials, Gen Z Transform Housing Market

By Suzie Kovalsky and Susan Babb Millennials and Gen Z are redefining housing with a focus on affordability, sustainability and digital ease, transforming the real estate market. NEW YORK — The North American residential real estate market is experiencing a...
Business Upgrades That Make a Difference

Business Upgrades That Make a Difference

Investing in communication infrastructure, cybersecurity, employee development and tech upgrades helps businesses boost efficiency and drive long-term growth. NEW YORK — In today’s rapidly evolving business landscape, companies that stand still risk being left...