Fed Chair Jerome Powell: Higher rates remain necessary now because bringing inflation down sustainably is “the absolute best thing we can do for the housing market.”
Amendment 5, which impacts property taxes, will be on the November ballot. A Florida Realtors’ infographic provides more information about it.
New Fannie Mae and Freddie Mac multifamily mortgage loans must include tenant protections that include 30-day notices for rent increases and lease expirations.
Homebuyers on a $3,000 monthly budget have gained over $20,000 in purchasing power since mortgage rates peaked in the spring, Redfin found.
As the industry closes in on changes resulting from the Sitzer-Burnett case, agents are looking for guidance. Brokers should be prepared to help.
HUD said its new round of grant funding will continue to help prevent homelessness. The program has helped over 35,000 households avoid eviction, HUD said.
Joanne Hsu, the University of Michigan’s surveys of consumers director, said nearly half of consumers expect inflation to continue moderating in the years ahead.
While some practitioners see business challenges as a result of fewer home sales, others see opportunity. View highlights from NAR’s newly released 2024 Member Profile.
Proposed rules would require servicers to help homeowners before foreclosing, reduce paperwork requirements and improve homeowner communications.
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.
