17% of Mortgaged Homes Have 6%+ Interest Rates
The lock-in effect is starting to ease because Americans are growing accustomed to elevated rates, and for many, it’s not realistic to stay put forever, Redfin said.
Shingles Lose Wind Resistance After 10 Years
Officials said asphalt shingles, common on Florida roofs, begin degrading from the sun and weakening in about 10 years, offering less protection.
New Listings Up Across U.S., Demand Down
The uptick in new listings, along with slow sales, is contributing to a growing pool of supply for homebuyers to choose from, Redfin said.
Owners Pay $24K Annually in Non-Mortgage Costs
A new study also found homeowners spend an average of 6.9 hours weekly on repairs and maintenance, totaling more than 1 year and 83 days over a 30-year mortgage.
Risks of Payment Apps for Rent
While all forms of rent payment come with some element of risk, payment apps like Zelle or Venmo might lack the protections offered by traditional methods.
HELOCs Replace Cash-Out Refinancing
Equity-rich homeowners are opting for HELOCs because these lines of credit come with variable interest rates and are tied to Federal Reserve policy.
Singles Struggle to Afford Housing Payments
Single and divorced people are more likely to make certain sacrifices to afford rent and mortgage payments than people who are married, according to Redfin.
2025 Ushers in Color
Interior design trends for 2025 include bold kitchen cabinets, stained wood, statement ceilings and brass, bronze and copper metal fixtures, one expert says.
Steps to Grow Your Real Estate Business in 2025
Ideas include a weekly email to your database referencing a “deal of the week,” featuring a home listed at a good price for the market.
Florida Realtors Leadership Academy: 2025 Class
Fifteen Realtors from across the state will enhance their leadership skills and learn more about Florida Realtors through a number of activities and sessions.