Real estate professionals use AR in exciting ways that bring imagination to life and offer buyers immersive views of properties. CHICAGO – There’s an often-overlooked truism in the technology space that “new” doesn’t always mean new. Often, it means new to you. Take augmented reality (AR), for example. We’ve actually been using AR for fun … Read more
TALLAHASSEE, Fla. – With insurers, utilities and emergency-management officials bracing for the coming months, experts continue to predict a highly active hurricane season for Florida and other areas of the Atlantic and Gulf coasts. Echoing earlier predictions about the season that will start June 1, the National Oceanic and Atmospheric Administration on Thursday pointed to … Read more
The final reading of the University of Michigan’s consumer sentiment index dropped on concerns the labor markets may weaken. ANN ARBOR – Sentiment fell back about 10% in May, a departure from three consecutive months of very little change in consumer views, according to the University of Michigan Surveys of Consumers. Although consumers’ views about … Read more
The average rate on a 30-year mortgage fell to 6.94% from 7.02% last week and borrowing costs on 15-year fixed-rate mortgages dipped 6.24% from 6.28%. LOS ANGELES — The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid-April, a modest boost for home shoppers navigating … Read more
NAR: Existing-home sales in the South dropped 1.6% from March to an annual rate of 1.9 million in April. The median price in the South was $366,200. WASHINGTON – Existing-home sales receded in April, according to the National Association of Realtors®. All four major U.S. regions posted month-over-month declines. Year-over-year, sales decreased in the Northeast, … Read more
The case, closely watched by business and environmental groups, stems from a 2020 federal decision to shift permitting authority to the state for wetland projects. TALLAHASSEE, Fla. — Rejecting arguments by Florida and business groups, an appeals court Monday refused to put on hold a U.S. district judge’s ruling in a battle about permitting authority … Read more
The bill, which was a 2024 Florida Realtors legislative priority, also includes changes to the Live Local Act. Hometown Heroes Housing Program funding begins July 1. TALLAHASSEE, Fla. – Gov. Ron DeSantis signed a bill revising 2023’s Live Local Act, providing an additional $100 million to the Hometown Heroes Housing Program (HHHP) for zero-interest downpayment … Read more
Insurance companies are using aerial photos during the underwriting process to determine if a policy should be renewed. Keep your yard clear of debris. WASHINGTON – It’s a notice no homeowner wants to get: Your insurance company has decided not to renew your policy, effective in 30 days. The reason? Based on aerial photos of … Read more
Eco-friendly bathroom upgrades like smart showerheads cut energy costs and help attract today’s sustainability-minded buyers. NEW YORK – It may come as no surprise that American households use most of their water in the bathroom. Approximately 24% of a household’s water use can be traced to the toilet alone, and another 20% goes down the … Read more
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, especially single-family homes, experts say, and continuing high interest rates are hurting … Read more
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