How AI Is Changing the Real Estate Market

Predictive AI is being used to analyze market trends and patterns to help investors while landlords use it to predict maintenance and resource allocation.
Read MoreReport: Families Spend 38% of Income on Mortgage

Affordability of existing homes edged higher for both median- and low-income families between the second and third quarter, the NAHB said.
Read MoreNAHB: Building Shifts to Suburbs, Outlying Areas

Residential construction is shifting to low-density areas due to affordability challenges, high costs, and limited construction options in urban areas.
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A key member of the Fed’s Board of Governors said a December rate cut depends on economic data, warning inflation could rise again.
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Homeowners can showcase their holiday spirit by adding warm touches through the space, including the kitchen. Involve the whole family in the decorating.
Read More Survey Reveals Top Single-Family Rental Features

Better pet accommodations are now a bigger priority for renters of single-family homes than making room for a growing family.
Read MoreU.S. Home Prices Rise 4.3% YoY in Q3 2024

House prices rose as demand outpaced supply, but elevated prices and mortgage rates slowed growth.
Read MoreSea Walls Gain Popularity Among Coastal Homes

Luxury homeowners are opting to build private sea walls costing $150,000 or more to protect their coastal homes from erosion and storm damage.
Read MoreZillow: Buyers Will Come Out Ahead in 2025

The housing market is expected to improve next year, and buyers will embrace smaller homes, Zillow said. Mortgage rates may remain unpredictable.
Read More1 in 5 Renters Spend Entire Paycheck on Rent

Many are working a second job or a job they hate to afford rent, Redfin found. Rental affordability could stabilize in the future as more apartments are built.
Read MoreFEMA Increases Oversight on Florida Rebuilding

FEMA has been cracking down on post-hurricane rebuilding, enforcing stricter rules to ensure damaged homes meet flood safety standards amid rising storm risks.
Read MoreMortgage Rates: 30-Year Dips, 15-Year Inches Up

Rates on 30-year mortgages slipped to 6.81% from 6.84% last week, while borrowing costs on 15-year fixed-rate mortgages climbed to 6.1% from 6.02%.
Read MorePending Home Sales Climbed 2.0% in October

NAR’s Pending Home Sales Index increased 0.9% in the South to 90.0 in October, up 2.5% from a year ago. Pending sales grew across the U.S.
Read MoreFed Officials Signal Cautious Path for Rate Cuts

Most economists think officials will probably cut rates next month for the third time this year but could then skip cuts in 2025.
Read MoreShould You Use Home Equity for Holiday Expenses?

It can be tempting to tap home equity for the festive season. After all, it's your money, and it's cheaper than other financing methods. But it’s risky, experts say.
Read MoreSingle-Family Home Loan Limits Rise to $806,500

Beginning in 2025, Fannie Mae and Freddie Mac can acquire loans of up to $806,500 for single-family homes, a 5.2% increase from its 2024 level.
Read MoreJudge Grants Final Approval of NAR Settlement

The court heard from all parties as well as objectors and the Department of Justice, and is expected to soon issue a formal written order.
Read MoreEnding Buyer Broker or Listing Agreements Early

There are important differences between a conditional and unconditional termination when a buyer or seller and brokerage firm agree to part ways.
Read MoreFlorida’s Law for Written Listing Agreements

In Florida, written listing agreements must include an end date. Sellers should receive a copy of the signed agreement.
Read MoreOctober New Home Sales Down on Higher Rates

New home sales dropped 17.3% in October to 610,000, with a 9.4% annual decline. Median price was $437,300, and 481,000 homes were for sale.
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