Fannie Mae projects mortgage rates to fall to 6.4% by late 2025 and 5.9% in 2026, with rising home sales and mortgage originations over the same period.
Sales of newly built single-family homes jumped 20.5% higher in August across the U.S. and 3.3% in the South. The median new home sale price in the U.S. was $413,500.
Chief Economist O’Connor: New pending sales for both existing single-family homes and for condos-townhouses rose YoY, likely due to falling mortgage rates last month.
The all-stock transaction brings together about 340,000 agents globally in every major U.S. city and serving about 120 countries and territories.
Experts say RE myths, like needing a 20% down payment or assuming renting beats buying, aren’t true and are leaving potential buyers confused.
Avoid deal delays by ordering reports early, verifying ownership, checking liens and coordinating with title professionals from listing to closing.
Real estate agents can leverage AI to enhance listings, personalize marketing, save time and stay visible as buyers increasingly rely on AI tools.
It’s the 5th year in a row for The Orlando Sentinel’s Top Workplace in Central Florida honor, based on blind workplace culture surveys by employees.
AI and digital tools like eSignature, social media and drones are increasingly used in real estate, with clients responding positively, NAR finds.
U.S. housing starts fell 8.5% as affordability slowed single-family construction, but lower interest rates may boost future building.
