Real Estate News
U.S. Labor Market Still Going Strong
The national unemployment rate dropped for the second month in a row, dipping to 4.1% in September. In addition, more jobs were added than economists expected. Read More
Florida Tax Revenue Tops Projection
The state’s general revenue collections in Aug. totaled $3.6 billion, 4.3% higher than expected, thanks to a boost from sales taxes and earnings on investments. Read More
Helene’s Estimated Insured Losses Top $835M
Fla. Office of Insurance Regulation: With 84,400 claims filed, the state’s estimated insured losses from Hurricane Helene totaled $835,853,221 on Oct. 3. Read More
What the Fed’s Rate Cut Means for the Housing Market and Inflation
The Federal Reserve recently cut interest rates more than expected. This is the first rate cut in four years, and it could...Read More... Read More
Home Values Rise Even as Median Prices Fall
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. Read More
Mortgage Rates Rise, Still Well Below Last Year
The average 30-year mortgage rate rose to 6.12% from 6.08% last week. Borrowing costs on 15-year fixed-rate mortgages rose to 5.25% from 5.16%. Read More
NAR’s Newest Consumer Guide: MLS
Do your customers have questions about the role an MLS plays in a transaction? NAR’s newest guide provides valuable information. Read More
5 Financial Metrics Real Estate Pros Should Track
It’s crucial to know what your money is doing and where it’s going. Use your numbers to create a roadmap for your business. Read More
How Low Will Interest Rates Go?
Mortgage rates dropped to historic lows during the pandemic, and it’s not likely to happen again. The low 5% range is more realist, Bankrate said. Read More