The average 30-year mortgage rate climbed to 7.28%, its sixth straight weekly increase and highest level since November 2023. The 15-year rate rose to 6.60%.
A new survey found 77% of recent buyers exceeded their initial budgets, while some accepted fewer bedrooms, smaller yards or different locations.
Agents and buyers may see both old and new appraisal formats during the transition. An Oct. 16 Florida Realtors webinar will explain the changes.
A survey found 68% of homeowners were satisfied with their finances, compared with 47% of nonhomeowners, though many in both groups lived paycheck to paycheck.
A 55-plus designation doesn’t guarantee a home is designed for aging in place, making property features and community amenities important considerations for buyers.
A Texas broker failed to sufficiently allege an antitrust injury in a challenge to association membership rules for MLS participation, an appeals court found.
Florida Realtors’ webinar tomorrow will explain Amendment 3’s proposed property tax changes and address common questions ahead of the November election.
Key West broker Stacy Stahl combines AI tools with personal outreach and local information to keep her marketing useful and recognizable to customers.
An interpleader action asks a court to resolve competing claims to escrow funds, but the associated fees and costs can leave buyers and sellers with less to recover.
Agents should match follow-up methods to customer preferences and urgency, switching from texts to calls when needed, Darryl Davis wrote in Inman.
