Real Estate News
Thursday, September 28, 2023
Last week, a 30-year, fixed-rate loan averaged 7.19%; a year ago, it was 6.70%. The last time rates were this high was in 2000 when home values weren’t going up.
Thursday, September 28, 2023
Without more funding in a new federal budget, FEMA will ration aid efforts. It still appears likely new flood policies and other RE must-haves expire at midnight Sat.
Thursday, September 28, 2023
NAR Chief Economist Yun says “increased housing inventory and better interest rates are essential” for a real estate market rebound.
Thursday, September 28, 2023
The “insurer of last resort” lowered its end-of-year policy-count forecast to 1.3M as more private insurers offer coverage. Earlier estimates called for up to 1.7M.
Thursday, September 28, 2023
The potential-for-high-growth cannabis industry is held back by banks fearful of making loans to a segment not yet fully legal. But a bill in Congress could change that.
Thursday, September 28, 2023
Agents who once enjoyed an edge because they wrote dynamic content must now compete with a robot. How can agents continue to make their writing stand out?
Wednesday, September 27, 2023
Study: Fla. leaped past New York to be No. 2 in housing values, trailing only Calif. S. Fla. (No. 5) and Tampa (No. 18) made the “top 20 most valuable metros” list.
Wednesday, September 27, 2023
A continuing resolution (extension) may postpone the Oct. 1 government shutdown – but don’t count on it. See What a Government Shutdown Means for Realtors.
Wednesday, September 27, 2023
2022 borrowers paid 22% more in closing costs, largely paying points to snag a lower interest rate. Even so, average monthly mortgage payments rose 46%.
Wednesday, September 27, 2023
In Collier, Lee and Charlotte counties, a single month of construction permits in 2023 can surpass the number they once saw in just one year.
Wednesday, September 27, 2023
Title insurance protects current owners against future title problems resulting from actions of previous owners. What it does and how it works can be confusing.
Wednesday, September 27, 2023
Tips to improve your “social” skills? RE agents’ profiles should highlight their best content and have a professional headshot, short bio and uniform color scheme.
Tuesday, September 26, 2023
The FAA has specific rules on drones used commercially, and there are additional real estate risks, including accidental damages to drones or property that most business insurance policies won’t cover.
Tuesday, September 26, 2023
Dear Shannon: A broker listed a property to include a rental apartment upstairs, figuring the new buyer could get the zoning changed. But it wasn’t zoned for a residential apartment when listed. Should a complaint be filed against the commercial listing broker?