The housing market is expected to improve next year, and buyers will embrace smaller homes, Zillow said. Mortgage rates may remain unpredictable.
House prices rose as demand outpaced supply, but elevated prices and mortgage rates slowed growth.
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.
Many Realtors think they have a good handle on the Code of Ethics. Most of it’s just common sense, right? Test your knowledge and have a little fun with this Code of Ethics quiz.
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.
There are important differences between a conditional and unconditional termination when a buyer or seller and brokerage firm agree to part ways.
In Florida, written listing agreements must include an end date. Sellers should receive a copy of the signed agreement.
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.
Real estate pros should vet advice, avoid one-size-fits-all solutions and adapt to changes in industry practices, says Barb Betts at NAR NXT.
In 2023, Florida led the county with the highest net migration. In 2024, 46% of Realtors’ clients moved to the South.
