The lock-in effect is starting to ease because Americans are growing accustomed to elevated rates, and for many, it’s not realistic to stay put forever, Redfin said.
Single and divorced people are more likely to make certain sacrifices to afford rent and mortgage payments than people who are married, according to Redfin.
A new study also found homeowners spend an average of 6.9 hours weekly on repairs and maintenance, totaling more than 1 year and 83 days over a 30-year mortgage.
Equity-rich homeowners are opting for HELOCs because these lines of credit come with variable interest rates and are tied to Federal Reserve policy.
Ideas include a weekly email to your database referencing a "deal of the week," featuring a home listed at a good price for the market.
At 4.06 million, the annual pace of 2024’s existing-home sales was the lowest number recorded since 1995, when it was 3.85 million.
Fifteen Realtors from across the state will enhance their leadership skills and learn more about Florida Realtors through a number of activities and sessions.
NAR’s annual Good Neighbor Awards recognize Realtors who made an extraordinary impact in their communities. Five winners will receive a $10K grant.
Could Fla. be on the cusp of a buyer’s market? Yes, in some local areas, Florida Realtors chief economist said at Friday’s Mid-Winter Meetings’ RE Trends event.
The 2025 forecast for multifamily shows a mixed outlook with potential opportunities and challenges, including continued job growth and rising inflation.
