Real Estate Blog
Pending Home Sales Advanced 7.4% in September
Pending Home Sales Advanced 7.4% in September Pending home sales bounced 7.4% to the highest level since March; they're up 2.6% YoY. In the South, pending home sales improved, NAR said. WASHINGTON — Pending home sales rose in September, according to the National Association of Realtors®. All four major regions experienced month-over-month...
...read moreNew Home Sales Surge More Than Expected
New Home Sales Surge More Than Expected The Commerce Department said new home sales surged by 4.1%, the highest level in over a year. Economists had expected new home sales to climb by 0.5%. WASHINGTON — New home sales in the U.S. rebounded by much more than expected in the month of...
...read moreBuilder Confidence Edges Higher
Builder Confidence Edges Higher Even with affordability headwinds, builders remain optimistic about the future of the market. The share of builders cutting prices held steady at 32% in October. WASHINGTON — With inflation gradually easing and builders anticipating mortgage rates will moderate in coming months, builder sentiment moved higher for a second...
...read more10 Things About the Mortgage, Housing Market Today
10 Things About the Mortgage, Housing Market Today Growing home equity is helping homeowners build financial buffers, and mortgage delinquencies have dropped, according to CoreLogic. WASHINGTON – High mortgage interest rates continue to challenge the housing market. However, ongoing home price appreciation and the resulting increases in home equity is providing a...
...read moreWhat to Do if a Hurricane Damages Your Home
What to Do if a Hurricane Damages Your Home By Gary M. Singer Preparation is the key to navigating hurricane damage. Before any storm, check insurance policies for coverage and take a home inventory. FORT LAUDERDALE, Fla. – Question: With hurricane season heating up, I am concerned I will not know what to do...
...read moreUpcoming Changes to Septic Systems in Florida
Upcoming Changes to Septic Systems in Florida Realtors in Florida should understand changes to the state septic system policies so they can advise customers before, during and after real estate transactions. TALLAHASSEE, Fla. – With 2.7 million septic tanks buried in Florida and an estimated half of those more than 30 years...
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