Preparing Your House Before a Big Trip
Homeowners leaving for extended trips should look for ways to prevent break-ins and home accidents, including holding the mail and unplugging appliances.
Renters Feel Less Connected Than Homeowners
A new Redfin survey found 47% of renters feel a sense of belonging in their neighborhood, compared with 64% of homeowners.
DeSantis, Cabinet Consider Land Deals
Officials are considering spending $318M for conservation land and to protect rural properties from development across 15 counties.
Mortgage Rates Hit Third Straight Weekly Decline
The average rate on 30-year mortgages fell from 6.69% last week to 6.6%, the lowest level since Oct. 24. The rate on 15-year fixed-rate mortgages fell to 5.84%.
Financing Commercial Real Estate
Commercial buyers can use options including seller financing, lease to own and private lending to finance a purchase.
Protecting Communications Through Encryption
U.S. officials urge using end-to-end encryption after hackers targeted telecoms, exposing data. Use encrypted apps for better security.
Starter Home Prices See Largest Increase
Florida starter home prices have jumped since 2018, with rising rates and investor competition making it more difficult for first-time buyers.
Report: Borrowers Pounced on Autumn Rate Drops
More than 300K mortgage refinances closed in Sept. and Oct. – the most in 2.5 years – as borrowers took advantage of interest rates in the low 6% range.
U.S. Homebuying Demand Remains High
Redfin found that more buyers are in the market because they have accepted mortgage rates will remain above 6% for the foreseeable future, among other reasons.
New NAR Guides Clarify Agency Roles, Appraisals
Two new guides – Agency and Non-Agency Relationships and The Appraisal Process – help customers make informed decisions and highlight a Realtor’s value.