Fed Cuts Key Interest Rate
The Federal Reserve lowered its key rate by 0.25 points to 3.9%, its second rate cut this year and a move that could gradually lower mortgage rates.
NAR: Pending Home Sales Flat in September
Pending home sales held steady in September, with the South leading regional gains, NAR said. Inventory hit a five-year high as mortgage rates trended lower.
October Consumer Confidence Dips
U.S. consumer confidence fell slightly as concerns about inflation and future job prospects grew, signaling continued unease about the economy.
Citizens Policy Count Plummets
Citizens had 569,495 policies as of Friday, down from 768,643 policies a week earlier, as the depopulation program continues.
Benefits of VA Loans for Buyers, Sellers
VA loans offer sellers dependable buyers and give buyers lower rates, limited fees, no PMI and built-in protections for appraisals and safety.
Tips to Attract Home Sellers After Fed Rate Cuts
Even after a Fed rate cut, many sellers hesitate to list. Agents can focus on equity gains, lifestyle goals and creative financing to help them move forward.
U.S. Home Prices Up 0.4% in August
U.S. house prices rose 2.3% year over year, the FHFA reports. The South Atlantic region, including Florida, saw a 0.7% monthly gain.
Protecting From Business Credit Card Fraud
Business credit card fraud is rising fast as smaller companies are targeted. Protect your business by using virtual cards and real-time monitoring.
Bathroom Design Trends to Incorporate
Wet rooms are rising in popularity, now featured in 16% of bathroom remodels, as homeowners seek spa-like designs, better accessibility and timeless, neutral styles.
The ‘Silver Tsunami’ in Real Estate Is Here
More than 70 million Americans are 65+, and baby boomers now lead both buying and selling, driving trends in downsizing, aging in place and multigenerational living.