NEW YORK – Black toilets, wall-to-wall carpet, and all-white bathrooms are a few design sins we’re here to save you from. Designing and decorating your bathroom can be tricky. Unlike other rooms, your bathroom is constantly at the mercy of excess moisture. It’s also where most people begin their mornings, end their evenings, find some … Read more
A Redfin survey found some Florida cities have increasing inventory, including new construction. Experts say it’s combatting the affordability crisis. MIAMI — Florida was a red-hot destination during the pandemic, but now, the state is home to some of the fastest-cooling housing markets in the country. Western Florida cities like North Port, Tampa and Cape … Read more
The new budget includes significant funding linked to Florida Realtors’ legislative priorities, including $100 million for the Hometown Heroes Housing Program. The new budget includes significant funding linked to Florida Realtors Legislative priorities, including $100 million for the Hometown Heroes Housing Program. TALLAHASSEE – Gov. Ron DeSantis signed Florida’s 2024-2025 Fiscal Year budget on Wednesday, … Read more
Tampa ranks in the top 10 U.S. cities for new construction. In Crestview, Homosassa Springs, and Panama City, new construction homes sell for less than average home value. WASHINGTON – The Consumer Price Index clocks inflation between spring 2019 and spring 2024 at 22.9%. But Zillow home sale data demonstrates a particularly swift hike in … Read more
The National Association of Realtors said the policy revision will allow veterans to continue to be competitive in the homebuying market. WASHINGTON – The U.S. Department of Veterans Affairs (VA) announced a temporary policy on Tuesday allowing buyers using VA-guaranteed home loans to compensate their buyer brokers directly. The VA said the new rule comes … Read more
Now through June 14, Florida’s Disaster Preparedness Sales Tax holiday provides tax exemptions on disaster preparedness items. VENICE, Fla. – With hurricane season underway, Florida’s first sales tax holiday of 2024 is taking place. Now through June 14, Florida’s Disaster Preparedness Sales Tax holiday provides tax exemptions on disaster preparedness items. Links to https://www.floridarealtors.org/tools-research/hurricane-resources All … Read more
Young adults increasingly opt into living arrangements, like cohabitation and multigenerational households. They often live with family members or multiple roommates. WASHINGTON – The Pew Research Center reports that 57% of young adults still live at home. That may seem high but is only a modest increase from the 53% reported three decades ago. In … Read more
Average mortgage rates ebbed this week, but not enough to give home buyers much relief. National home prices may begin to cool. WASHINGTON – The average rate on the 30-year fixed-rate mortgage fell to 6.89% in the week ending June 6, according to rates provided to NerdWallet by Zillow. It was a decrease of 13 … Read more
Overpricing can scare off buyers, leading a home to be on the market longer. Pricing a home correctly will avoid any problems when it’s time for the appraisal. WASHINGTON – It is definitely best to price your home correctly as soon as the listing goes live. That’s when the most eyes are looking at it. … Read more
The 30-year mortgage rate averaged 6.99% this week, down from 7.03%. Cost on 15-year fixed-rate mortgages also eased to 6.29% from 6.36% last week. LOS ANGELES – The average rate on a 30-year mortgage dipped to just below 7% this week, little relief for prospective homebuyers already facing the challenges of rising housing prices and … Read more
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