- Inman On Tour Miami 2025, May 20-21, brings together industry leaders to discuss trends, AI and market shifts, with expert sessions to help agents thrive.
- A verbal promise of a dog-walk area in a condo, not included in the written agreement, limits legal recourse. Residents may appeal as a group.
- If you owe taxes, file your return or request an extension to avoid penalties. The IRS can help with payment plans and extensions. Free tools are available.
- A federal appeals court will hear arguments in May about whether the EPA improperly transferred wetlands permitting authority to Florida.
- Professional staging can arrange furniture, décor and lighting to highlight a home's features, making it more appealing in listing photos and in-person showings.
- Inflation remained steady with a 2.5% rise in consumer prices. Spending showed modest growth and incomes increased, boosting savings for future spending.
- Rates on 30-year mortgages fell to 6.65% from 6.67% last week, while rates on 15-year mortgages rose to 5.89% from 5.83% last week, Freddie Mac said.
- NAR’s latest Consumer Guide provides sellers with insights on evaluating several offers, negotiation strategies and other useful information.
- Pending home sales in the South rose 6.2% in February, leading regional gains. The South remains a stronger market than other regions.
- A relaxing backyard space could include water features, shaded spots and multiple gathering spaces. Backyard retreats may boost home value by 3.1%.
- In 2024, 9.8M Hispanic households owned homes, but the rate fell as household growth outpaced ownership. NAHREP urges action on affordability and supply.
- 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.
- 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.
