The lock-in effect is starting to ease because Americans are growing accustomed to elevated rates, and for many, it’s not realistic to stay put forever, Redfin said.
A new study also found homeowners spend an average of 6.9 hours weekly on repairs and maintenance, totaling more than 1 year and 83 days over a 30-year mortgage.
While all forms of rent payment come with some element of risk, payment apps like Zelle or Venmo might lack the protections offered by traditional methods.
Single and divorced people are more likely to make certain sacrifices to afford rent and mortgage payments than people who are married, according to Redfin.
Interior design trends for 2025 include bold kitchen cabinets, stained wood, statement ceilings and brass, bronze and copper metal fixtures, one expert says.
Fifteen Realtors from across the state will enhance their leadership skills and learn more about Florida Realtors through a number of activities and sessions.