The typical Q4 down payment was $30,250, slightly below Q3 but $3K higher year-over-year. Higher home prices and rates were keeping down payments elevated.
Pending home sales in the South rose 6.2% in February, leading regional gains. The South remains a stronger market than other regions.
In 2024, 9.8M Hispanic households owned homes, but the rate fell as household growth outpaced ownership. NAHREP urges action on affordability and supply.
NAR’s latest Consumer Guide provides sellers with insights on evaluating several offers, negotiation strategies and other useful information.
A home made for hosting gatherings may be coveted by many consumers. Show off the possibilities with smart entertainment solutions.
Sales of newly built, single-family homes in February increased 1.8% thanks to slightly lower mortgage rates. Inventory was up 7.5% compared to a year earlier.
NAR’s new policy lets MLSs set a delay period before sellers and agents market properties publicly through IDX or syndication.
Some research shows that many potential Gen X buyers in Florida want the same sort of active lifestyle communities as retirees, but without a 55-plus age limit.
FinCEN issued an interim final rule removing reporting mandates for U.S. companies under the Corporate Transparency Act and set new deadlines for foreign companies.
The forms help Realtors with residential, commercial and vacant land sales through clearer timelines, updated terms and revised disclosures.
