Despite higher office building vacancy rates, sales on distressed commercials properties have been slow to start. With leases set to expire soon, that could change, experts say.
New home sales in the United States dropped slightly in February but are up 5.9% from a year ago. The slight uptick in mortgage rates held back new home sales, but builder confidence remains high.
Existing home sales saw the largest monthly increase in a year nationally, NAR said. The median price in the South was $354,200, up 4.1% from last year.
Homeowners and potential buyers are looking for features that allow them to enjoy the outside of their homes as much as the inside. Among them are backyard pickleball courts and weather-resistant landscaping.
Single-family sales up 2.2% YoY, median price up 5.1% ($415K), condo median up 3.2% ($325K). New listings and inventory up in both property categories.
In-home firewood displays have become a popular trend and can cost up to $5,000 to create a resort-like feel. The displays provide a natural element in the "modern-farmhouse" style of the 2010s.
Two Realtors from Florida are among the finalists for NAR’s 2024 30-Under-30 class. Voting for the Web Choice Winner opens April 3.
NAR looked at the successes and challenges for women in homeownership. Some women, particularly those of color, still face multiple hurdles.
NAR issued a statement following inaccurate media coverage that included the false representation or suggestion the association requires a 6% commission.
Building name recognition for a new real estate business doesn’t have to include expensive campaigns. Rather, agents can utilize free tools that can be effective, including community outreach.
