The commercial market is rebounding. Transactions are increasing, driven by distressed properties and new liquidity as buyers and sellers agree on pricing.

Year over year, U.S. single-family home prices rose to 3.9% in August, the lowest rate of growth recorded since last July.

Increasing optimism is largely driven by positive views on the national economy over the next year. Consumer sentiment should improve overall in the months ahead.

As a general rule, refinancing could be worthwhile if you're able to reduce your mortgage rate by at least 1 percentage point, one analyst said.

Two newly revised forms address changes in law that require condo sellers and buyers to supply and acknowledge association documents.

The updated FR/BAR Condominium Rider, (CR-6xx_A) and CRSP Condominium Addendum (CRSP16xxx_F) include the required language.

The IT security firm Check Point said the “insurance/legal” sector saw 636 weekly attacks in 2022, a 68% increase from 2021. The figure was expected to triple in 2024.

Unemployment assistance is available to those who lost jobs or self-employment due to the hurricane. The Florida Realtors DRF donated to NAR’s Realtor Relief Fund.

Redfin reported 54% of U.S. apartments that were completed in the first quarter rented within three months, up from 47% a quarter earlier.

Powell said the economy is largely healthy and the Fed is “recalibrating” its key interest rate, not rapidly cutting it. Interest rates influence mortgage rates.