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  • New Home Sales Up at Start of 2024 March 1, 2024
    HUD and Census Bureau: In Jan., new single-family home sales rose 1.5% month-to-month to a seasonally adjusted rate of 661,000. The pace is up 1.8% from Jan. 2023.
    kimh
  • Single-Family Starts to Rise in 2024 March 1, 2024
    Economists at International Builders’ Show: Construction should gradually increase as the Fed is on track to cut rates during 2024’s second half with inflation slowing.
    kimh
  • Big Tech Investment Driving Change in Real Estate March 1, 2024
    Real estate professionals who are watching, learning, and adapting will reap the benefits of new technologies, as the industry is starting to see with generative AI.
    kimh
  • Older Homeowners Feel Confident Aging in Place March 1, 2024
    Fannie Mae: Homeowners aged 60+ like their homes and expect to age in place. Many feel good about their retirement financial plan and view home equity as a reserve.
    kimh
  • Housing Costs Are Running Hot March 1, 2024
    Core inflation has declined, but housing costs remain high. Unless those costs cool, some experts doubt core inflation will return to the Fed’s 2% target.
    kimh
  • Does Reverse Mortgage Have a Non-Recourse Clause? March 1, 2024
    Check the paperwork and read for context. “Non-recourse” is more of a description of how a loan works than a direct term, so it could be described differently.
    kimh
  • Average 30-Year Mortgage Rate Rises to 6.94% February 29, 2024
    That’s up from 6.90% last week, marking the 4th straight weekly increase. Rates have been creeping higher as reports show stronger-than-expected inflation.
    kimh
  • Pending Home Sales Receded 4.9% in January February 29, 2024
    NAR: Pending sales were down 8.8% year-over-year. Chief Economist Yun noted that “consumers are showing extra sensitivity to changes in mortgage rates.”
    kimh
  • Make a Difference on a Florida Realtors Committee February 29, 2024
    Volunteer now for a 2025 Florida Realtors committee. You’ll help guide the state real industry forward as you represent the interests of 238K Realtor members.
    kimh
  • Protect Trademark Rights in Your Brand February 29, 2024
    Real estate branding helps you create and grow a recognizable identity. Protect your brand from infringement by registering it as a federal trademark.
    kimh
  • Inflation Gauge Up 0.3% Month-to-Month in Jan. February 29, 2024
    However, showing the smallest such increase in nearly three years, consumer prices were up just 2.4% from a year earlier, down from a 2.6% annual pace in Dec.
    kimh
  • Multifamily Housing Starts to Ease in 2024 February 29, 2024
    NAHB: Builders predict multifamily starts will continue to decline (20%) this year, since units under construction are already near the highest level since 1973.
    kimh
  • How Can Brokers Preserve Independent Contractor Status? February 29, 2024
    While U.S. tax law supports the current definition of an “independent contractor,” recent changes to U.S. labor law call it into question, and that could potentially impact Realtors.
    izaakh
  • Compensation from Both the Buyer and Seller? February 29, 2024
    A listing broker didn’t tell their seller they received a finder’s fee from the buyer – but the fee didn’t impact the Realtor’s honest and ethical advice. Why is it an issue under the Code of Ethics if the finder’s fee was negotiated before taking the listing?
    izaakh
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