Fed May Raise Interest Rates for ‘Some Time’
Fed Chair Jerome Powell said Americans should expect more large interest-rate hikes in the coming months, one of the “unfortunate costs of reducing inflation.”
How Honest Are Sellers on Property Disclosures?
Buyers may want to think twice about nixing the inspection contingency. A study found that 94% of sellers admitted that they didn’t disclose a known issue.
Another Property Insurer Exiting Fla. Home Market
Fla. homeowners who have coverage with St. Petersburg-based United Property & Casualty Insurance Co. must soon find a new provider.
Gov. Ron DeSantis Joins Realtor Party Town Hall
The governor addressed over 700 Realtors during Florida Realtors Convention & Trade Expo and received Florida Realtors PAC’s endorsement for his re-election.
Mortgage Rates Head Higher Again, Hit 5.55%
The rate for a 30-year, fixed-rate mortgage rose almost half a percentage point (0.42%) this week after hovering just above 5% for a while.
Home Prices Dipped – Will They Now Plummet?
In some locations, prices will likely flatten or perhaps dip as much as 5% – but even with a slight drop in July, home prices were still up 10.8% year-to-year.
New Housing Won’t Arrive Anytime Soon
Many areas need more housing units to fill a shortage, but the new-home industry is slowing for a variety of reasons, such as higher mortgage rates and wary buyers.
Florida Realtors Honors 2022 Award Winners
Cheryl Lambert, 2021 president, is the 2022 Realtor of the Year. All award winners were recognized Thurs. at the annual convention’s in-person Awards Luncheon.
What to Do if a Social Media Post Goes Sideways?
On social media, an agent praised a group of bipartisan lawmakers who passed a favorable real estate bill – but comments weren’t bipartisan and the post took off.
RE Q&A: Why Won’t Condo Make Repairs?
A frustrated condo owner reports frayed carpet, peeling wallpaper and dirt, but her requests for action go unheeded. How can she force the fixes?