Real Estate

In June, pending home sales saw a spike, rising 4.8%, according to new data released by the National Association of REALTORS® (NAR)—a turnaround from three consecutive months of decline. Mortgage rates “fell through the month, dipping below 7% and continuing to fall to 6.86% by the end of the month,” explained Realtor.com® Sr. Economic Research Analyst Hannah Jones in a statement. And,...

Experts say a home’s eco-friendly features—and their selling points—can extend to outdoor spaces. Consider a rainwater harvesting system, among other things.  CHICAGO – Real estate professionals nationwide have reported that home buyers are increasingly curious about houses’ eco-friendly features. When considering a home’s environmental friendliness, it’s natural to think first of...

World Atlas, one of the largest geography resources, named eight Florida downtowns as the best in the state. MIAMI – What makes a downtown great? In South Florida, whatever Key West and Palm Beach have to offer is on tap downtown. That’s according to World Atlas, which named both places to its list of cities with the best downtown areas in the state. “For those looking for something...

Homebuyers on a $3,000 monthly budget have gained over $20,000 in purchasing power since mortgage rates peaked in the spring, Redfin found. SEATTLE – A homebuyer on a $3,000 monthly budget can afford a $447,750 home with a 6.85% mortgage rate, the daily average as of July 11, according to a new report from the real estate brokerage Redfin. That buyer has gained $22,500 in purchasing power since...

Florida is one of six states that significantly added to the nation’s housing supply and one of five that saw a 6% growth in housing units. WASHINTON –The United States has added almost 5 million housing units since 2020, most heavily in the South and most of them single-family homes, making a housing shortage look conquerable in much of the nation. Still, even more homes need to be built,...

The saying April showers bring May flowers rings true with the arrival of Spring, the busiest season for those looking to buy or sell their home.Whether you're looking to list your home or put roots down, you can expect a surge in inventory this Spring. This influx of homes presents an ideal opportunity for home sellers to showcase their property and provides an opportune time for home buyers to find the...