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...
by Editor | Nov 1, 2024 | General News
By Mike Schneider Florida’s population has grown by one-third to 23 million residents in the two decades since Charley, Frances, Jeanne and Ivan ravaged the state. ORLANDO, Fla. — The news rippled through Treasure Island, Florida, almost like a third storm: The...
by Editor | Nov 1, 2024 | General News
Newly built homes are making up a smaller portion of total inventory as builders back off and more homeowners list their houses for sale. SEATTLE — Newly built homes made up 28% of single-family homes for sale nationwide in the third quarter, the lowest level in three...
by Editor | Oct 31, 2024 | General News
By Alex Veiga The rate on 30-year mortgages rose to 6.72% from 6.54% last week, Freddie Mac said. Rates on 15-year mortgages rose to 5.99% from 5.71% last week. NEW YORK — The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning...
by Editor | Oct 31, 2024 | General News
By Alex Veiga Down payment dollar amounts fell in 21 states in the third quarter with the biggest decline in Florida, where they fell 24% from a year earlier. LOS ANGELES — Homebuyers opted to make smaller down payments this summer as declining mortgage rates helped...
by Editor | Oct 31, 2024 | General News
By Amy Connolly NAR’s latest Consumer Guide, Ten Questions to Ask a Seller’s Agent, provides helpful questions sellers should consider when selecting an agent. WASHINGTON — Sellers now have a new tool to help them choose their ideal real estate agent. The...
