The average 30-year mortgage rate climbed to 7.28%, its sixth straight weekly increase and highest level since November 2023. The 15-year rate rose to 6.60%.
Agents and buyers may see both old and new appraisal formats during the transition. An Oct. 16 Florida Realtors webinar will explain the changes.
A survey found 68% of homeowners were satisfied with their finances, compared with 47% of nonhomeowners, though many in both groups lived paycheck to paycheck.
A Texas broker failed to sufficiently allege an antitrust injury in a challenge to association membership rules for MLS participation, an appeals court found.
A 55-plus designation doesn’t guarantee a home is designed for aging in place, making property features and community amenities important considerations for buyers.
Floridians were more optimistic about their finances a year ahead but less positive about their current finances and buying major household items.
An interpleader action asks a court to resolve competing claims to escrow funds, but the associated fees and costs can leave buyers and sellers with less to recover.
After a buyer and a seller execute a purchase and sales contract, does the listing broker have to tell the seller about subsequent offers that come in? What does the Code say about this? Does it depend on the listing agreement language?
Florida Realtors’ webinar tomorrow will explain Amendment 3’s proposed property tax changes and address common questions ahead of the November election.
Agents should match follow-up methods to customer preferences and urgency, switching from texts to calls when needed, Darryl Davis wrote in Inman.
