Contract Signings Signal Market Improvements
NAR Chief Economist Lawrence Yun forecasts improved home sales, slower appreciation and falling mortgage rates over the next two years,
Tech’s Growing Impact on RE Marketing, Sales
Real estate firms are adopting innovative tools like AI and blockchain to enhance efficiency, improve client relations and transform property sales.
A Fresh Take on Customer Appreciation Gifts
Giving your customers custom and thoughtful gifts will show your appreciation and create a lasting impression for future business.
Redfin: New Construction Falls to 3-Year Low
Newly built homes are making up a smaller portion of total inventory as builders back off and more homeowners list their houses for sale.
Mortgage Rates Rise for Fifth Straight Week
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.
Dip in Mortgage Rates Lowered Down Payments
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.
Fewer Than 1/3 of Renters Pay Under $1K a Month
Most U.S. renters pay between $1,000 and $1,9999 a month across the nation. The median apartment asking rent now sits at $1,634.
‘Cat Fund’ Could Face $4.6B Storm Tab
The Florida Hurricane Catastrophe Fund is expected to have sufficient cash reserves to cover its portion of losses if the preliminary estimates hold steady.
New Guide Helps Sellers Find the Right Agent
NAR’s latest Consumer Guide, Ten Questions to Ask a Seller’s Agent, provides helpful questions sellers should consider when selecting an agent.
Fla. Consumer Sentiment Slumps Post-Hurricanes
Storms caused significant damage across the state, resulting in a loss of economic activity. Floridians had mixed opinions about current economic conditions.