National Real Estate News

Oct. 21, 2019

Fed Calls Housing the Economy’s Bright Spot

While the overall economy has shown signs of sluggishness, a NY Fed report is optimistic about new-home trends and strength in the overall housing market.

NEW YORK – The economy shows signs of sluggishness – but not the housing market, according to a new report released by the Federal Reserve ...

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Oct. 17, 2019

Builder Confidence Hits 20-Month High

As far as builders are concerned, the housing rebound is expanding. NAHB’s attitude index rose 3 points to 71 in Oct., and anything over 50 is considered positive.

WASHINGTON – Builder confidence in the market for newly built single-family homes rose three points to 71 in October, according to the ...

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Oct. 10, 2019

3 Florida Cities in Top 10 ‘Best Places to Retire’ list

U.S. News & World Report: Out of 125 cities ranked, 10 Fla. cities are in the top 50. In top 10: 1) Fort Myers, 2) Sarasota, 5) Port St. Lucie and 6) Jacksonville.

WASHINGTON – U.S. News & World Report released its 2020 Best Places to Retire in ...

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Sept. 26, 2019

For Buyers, Happiness is More Important than Financial Return

Study: The real estate industry promotes the financial value of property, but owners care more about the happiness it provides and emotional attachment to “home.”

NEW YORK – The real estate industry promotes the financial value of property, but owners care more about the happiness it provides and emotional ...

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Sept. 25, 2019

NAR 3Q Survey: Most Americans Say ‘Good Time to Buy’

63% believe it’s a good time to buy a home, and 34% believe that strongly. Mortgage rates are at historic lows, and NAR Economist Yun sees no sign of optimism fading, though a strong-intensity dip could indicate “concerns about the direction of the economy.”

WASHINGTON – New consumer findings ...

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Sept. 24, 2019

Foreclosures Don’t Destroy Everyone’s Credit Score

Study: The year after a foreclosure, 7% of ex-owners have a credit score above 680 and 2% above 740; and all credit scores increased by about 10 points each year.

NEW YORK – A strong housing market over the last few years has put the foreclosure crisis in the rearview ...

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Sept. 18, 2019

Staging the Master Bedroom: Do’s and Don’ts

Don’t forget the key purpose of a master bedroom in buyers’ eyes – a place to relax and recharge. But 70% also want to see a spot for a TV set.

A master bedroom should be a peaceful place to relax and recharge, the reason a lot of designers say ...

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Sept. 6, 2019

CoreLogic: Home prices Set to Rise Through July 2020

Rising family incomes, low mortgage rates and older millennials should keep home prices moving higher through at least July of next year.

NEW YORK – Thanks to rising family incomes, low mortgage rates and older millennials, home prices in the U.S. are projected to rise through July 2020.

That’s ...

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Sept. 5, 2019

Share of Homes Sales Above List Price Back to ‘Normal’

CoreLogic: The share of homes selling at or above list price has returned to levels comparable with the early 2000s, according to a new analysis.

SAN FRANCISCO – The share of homes selling at or above list price has returned to levels comparable with the early 2000s, according to a ...

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Aug. 30, 2019

Real Estate Q&A: You Need a Will to Ensure Your Wishes

A homeowner has his villa halfway paid off; a cousin is his next of kin. To leave the home to the cousin, a properly documented will stating that should be done.

FORT LAUDERDALE, Fla. – Question: My villa is about half paid off. My cousin is my next of kin ...

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