FHFA: Home Prices Rise in Three Florida Metros The Federal Housing Finance Agency said U.S. home prices rose 6.6% between Q1 2023 and Q1 2024. Home prices continue to grow at a steady pace.
Garages: Not Just for Cars Anymore Garages are increasingly being converted into versatile hubs of activities for home gyms, craft areas and play nooks.
U.S. Consumer Sentiment Falls in May The final reading of the University of Michigan’s consumer sentiment index dropped on concerns the labor markets may weaken.
‘Ingredients Are There’ for Busy Storm Season Forecasters predict up to 25 named storms, up to 13 reaching hurricane strength and 4 to 7 hitting Category 3 or higher. The season starts June. 1.
AR Offers Competitive Edge in Real Estate Real estate professionals use AR in exciting ways that bring imagination to life and offer buyers immersive views of properties.
Sales Tax ‘Holiday’ Teed Up for Storm Season The sales tax holiday that begins June 1 covers hurricane supplies, including batteries, fuel tanks and portable radios. An active season is expected.
Using a Second Mortgage for Home Improvement A new survey found nearly a quarter of Americans don’t know how much home equity they have. Most ‘equity rich’ homeowners don’t understand equity loans.
Beat High Rates With an Assumable Mortgage Assumable mortgages, with low rates transferred from a homeowner to a buyer, are making a comeback but the process can be difficult.
Long-Term Mortgage Rates Decline for a Third Week The average rate on a 30-year mortgage fell to 6.94% from 7.02% last week and borrowing costs on 15-year fixed-rate mortgages dipped 6.24% from 6.28%.
April New Home Sales Decline New home sales in the United States fell in April by 4.7% compared to the previous month. The average sale price nationally was $505,700.