Buyers, Agents Watching Rates in 2025
Today’s rates are far from record highs, which peaked at 18.63% in October 1981. Agents are overwhelmingly optimistic about the 2025 market.
Fashion Trends Influencing Interior Design
2025 fashion trends are shaping interior design with bold colors, textures, minimalist and retro styles, sustainability and maximalism for personalized spaces.
New NAR Guide Helps Sellers Prepare for Success
Do your sellers have questions about the process? NAR’s latest Consumer Guide provides straightforward and helpful answers.
Mortgage Rates Ease for Second Week
The rate on 30-year mortgages fell to 6.95% from 6.96% last week, Freddie Mac said. Rates on 15-year mortgages fell to 6.12% from 6.16% last week.
Pending Home Sales Fell 5.5% in December
All four U.S. regions experienced month-over-month losses in transactions, NAR’s chief economist said.
Redfin: Typical Home Sells in Nearly 2 Months
Homes are taking longer to sell largely because housing costs are so expensive and there’s a limited supply, Redfin said. It’s the slowest pace in 5 years.
Another New Insurer Enters Florida Market
Mangrove Property Insurance marks the 11th insurer entering the market since the legislative changes. Florida has more than 7.55 million residential policies.
Court Cancels New Robocall Rules, Back to FCC
An appeals court vacated the portion of the TCPA that required new robocall and robotext consent rules and remanded the issue back to the FCC.
New Year Brings More Inventory to the Market
Realtor.com: The number of newly listed homes rose 37.5% month-over-month. Florida has three of the five markets in the U.S. with the highest share of price cuts.
Fed Leaves Interest Rates Unchanged
The Fed will keep its federal funds rate target at 4.25% to 4.50% to promote maximum employment and maintain 2% inflation over the long term.