Real Estate News
Mortgage Rates Ease for Second Week
The rate on 30-year mortgages fell to 6.95% from 6.96% last week, Freddie Mac said. Rates on 15-year mortgages fell to 6.12% from 6.16% last week. Read More
Pending Home Sales Fell 5.5% in December
[[{"value":"All four U.S. regions experienced month-over-month losses in transactions, NAR’s chief economist said. "}]] Read More
Redfin: Typical Home Sells in Nearly 2 Months
Homes are taking longer to sell largely because housing costs are so expensive and there’s a limited supply, Redfin said. It’s the slowest pace in 5 years. Read More
Another New Insurer Enters Florida Market
Mangrove Property Insurance marks the 11th insurer entering the market since the legislative changes. Florida has more than 7.55 million residential policies. Read More
Court Cancels New Robocall Rules, Back to FCC
An appeals court vacated the portion of the TCPA that required new robocall and robotext consent rules and remanded the issue back to the FCC. Read More
New Year Brings More Inventory to the Market
Realtor.com: The number of newly listed homes rose 37.5% month-over-month. Florida has three of the five markets in the U.S. with the highest share of price cuts. Read More
Two Resources That Can Help You Buy a Home Right Now
A recent report from Realtor.com says 20% of Americans don’t think homeownership is achievable. Read More
Fed Leaves Interest Rates Unchanged
The Fed will keep its federal funds rate target at 4.25% to 4.50% to promote maximum employment and maintain 2% inflation over the long term. Read More
Marketing Tips to Find Renters
To find quality renters, set competitive prices, market across multiple platforms and create a satisfactory tenant experience. Read More