Rising Interest Rates – So What Happens Next?
The last time interest rates rose, a rush of sellers listed their home. But that hasn’t happened, in part because likely move-up buyers don’t want a higher-rate mortgage.
HUD Program Tackles Housing Supply Crisis
The move, backed by NAR, gives HUD flexibility to boost affordable housing in various ways, such as advocating for zoning changes and working with local officials.
RE Q&A: Second Marriages, Real Estate and Wills
A widow remarried but wants to leave the family home to her sons rather than her new husband. What’s the best way to do that?
PB County: Lack of Housing Threatens Economy
Palm Beach County analysts say the area needs affordable housing. It’s starting to hurt its infrastructure, which deters economic expansion and company relocations.
Most Baby Boomers Say ‘We’re Not Moving’
2 out of 3 (66%) of adults 55 and older plan to stay in their current homes in a break from their parents who largely downsized or moved to adult communities.
Prepare for Hurricanes – But 8 Things to Never Do
Regret is rampant after a hurricane – regret for the preparation things you could have done but didn’t. However, not all hurricane advice makes sense.
2 of 3 Fla. Sellers in April Got Asking Price or More
Florida Realtors economist: Most Fla. home sellers accepted offers at or above their asking – and 1 in 5 (20%) Fla. sellers get at least 5% more.
Housing Market Is Strong – but Time to Sell?
Housing remained resilient – Fla. more than many states – but signs suggest a slowdown in price increases. Still, investors moving away from stocks may be a wild card.
Did the ‘Lumber Bubble’ Burst? Prices Drop 12%
Thanks to supply-chains and other pandemic-era challenges, the price for lumber – and new homes – soared higher. But lumber saw a notable price drop last week.
New 40-Year FHA Mortgage Appears Likely
In March, HUD published a proposal in the Federal Register to create a 40-year option for existing FHA borrowers, a move NAR backed in a comment letter.