Category: Industry News

The April NAHB/Wells Fargo HMI survey showed that 22% of builders cut home prices in April, down from 24% in March and 36% in December 2023.

A cut in the state’s commercial lease sales tax, from 4.5% to 2.0%, will begin on June 1, weeks earlier than originally expected.

Clint Strauch, president of Florida Peninsula Insurance, says rate decrease shows the property insurance market is stabilizing.

Many new homeowners don’t realize the monthly payments on fixed-rate mortgages can go up and down depending on PITI – principal, interest, taxes and insurance.

Fed policymakers need more confidence that inflation is steadily slowing to their target level before a rate cut. Interest rates effect mortgage rates.

All businesses – big and small – should have a flood plan as part of their financial plan. Preparation is one way to ensure your company will survive.

Read a special digital supplement of Realtor Magazine with important content that dispels misinformation and myths about the proposed settlement.

Inventory is likely to rise this spring and throughout the summer on schedule with traditional seasonal trends. Buyers should target the late summer or early fall.

Thousands of veterans are facing foreclosure as pandemic-era forbearances end. The new loan program is only available to eligible veterans

The average rate on a 30-year mortgage rose to 6.88% this week — the highest level since early March. Rates on 15-year fixed-rate mortgages rose to 6.16%.