Homeowner spending on renovations and repairs will fall to $449 billion this year – a roughly 7% drop from 2023. Remodeling spending is tied to home sales.
Agents can become more confident though leadership that provides guidance, mentorship and support.
The state reviewed claims to Heritage Property & Casualty Insurance following Hurricane Ian and found the company violated Florida insurance laws.
The Drive With NAR podcast series now includes episodes that cover the proposed settlement agreement. NAR is also offering its ABR designation course for free.
Industry leaders said AI and AR will continue to be important in real estate and stressed the importance of embracing new technology.
The number of Realtors remains several percentage points ahead of the association’s forecast, indicating members continue to recognize NAR’s value.
Borrowing costs on 30-year and 15-year mortgages declined this week to 7.09% and 6.38% respectively after five weeks of increases.
