NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow.
Overall housing starts increased 15.8% in December to a seasonally adjusted annual rate of 1.50 million units, HUD said.
Sentiments towards homeownership remain positive as Americans identify it as a life goal. Many think it’s important to build long-term wealth.
Pending home sales fell 4.5% in December, while canceled deals hit a record 16.2%. Existing home sales rose 0.7%, driven by earlier demand.
To grow a small business, focus on customer trust and satisfaction, a strong digital footprint and a positive workplace culture, among other priorities.
Real estate pros who overcome common fears like public speaking, networking and client ghosting can increase their business and see greater success.
The average rate on 30-year mortgages rose to 7.04% from 6.93% last week. Borrowing costs on 15-year fixed-rate mortgages increased to 6.27% from 6.14%.
The newest Consumer Guide provides essential information on flood insurance, covering requirements and options for properties in flood-prone areas.
Seven cities in Florida saw 10-year increases in home prices of more than 190%, according to a study, which is about twice the national average.
The latest HMI survey revealed that 30% of builders cut home prices in January, with that share remaining stable between 30% and 33% since July.
Themed showings and neighborhood-focused experiences help buyers connect emotionally and envision a future home.
Small business owners are more hopeful about the economic agenda of the new administration, the National Federation of Independent Business said.
Looking for insights into real estate trends for 2025? Find out from Florida Realtors chief economist at Real Estate Trends on Jan. 31 at the Mid-Winter Biz Meetings.
Homeowners facing flooding from rivers and creeks are more likely to be underinsured than coastal residents, a new report found.