U.S. Consumer Sentiment Ticks Up
The University of Michigan’s consumer sentiment increased for the fourth straight month in November and is at its highest level since hitting 77.2 in April.
Investor Home Purchases Plateau Across U.S.
U.S. investor home purchases fell 2% year over year in the third quarter, a much smaller change than the swings of the last several years.
What’s Next for NAR’s Settlement Approval Hearing
A hearing on NAR’s settlement approval is set for Tuesday, Nov. 26. The court will consider final arguments, objections and DOJ input.
RE Q&A: Options for Selling a Shared Rental?
When selling a shared property, co-owners must decide how to fairly split profits or handle buyouts. Without an agreement, courts may intervene.
30-Year, 15-Year Mortgage Rates Tick Higher
The average 30-year mortgage rate rose to 6.84% from 6.78% last week, the highest since July. Rates on 15-year fixed-rate mortgages increased to 6.02% from 5.99%.
Florida’s Oct. Housing: Inventory Up, Prices Ease
Florida Realtors Chief Economist: New listings of homes for sale in October were impacted by Hurricanes Milton and Helene. Inventory levels rose YoY.
NAR: Existing Home Sales Grew 3.4% in October
Existing home sales in the South climbed 2.9% from September to an annual rate of 1.77 million in October, up 2.3% from one year earlier.
Citizens Insurance to End Year Under 1M Policies
The last time Citizens ended the year with fewer policies than it started was 2018, when the count was reduced from 440,406 policies to 427,397.
New Guide: What Buyers Should Know Before Closing
A new NAR Consumer Guide provides customers with info about the steps in the homebuying process, answering questions about escrow, appraisals and more.
FEMA Offers Monthly Payments for Flood Insurance
Some property owners with flood insurance through the National Flood Insurance Program (NFIP) will soon have a more flexible payment option.