- Don’t miss your chance to hear from the Florida Realtors legal team about the amended Buyer Broker Agreements. Free webinars today and Tuesday.
- With practice changes coming that include prohibiting offers of compensation on MLSs, it’s imperative that brokers, agents and appraisers keep open communication.
- Consumer sentiment for July was slightly revised to 66.4, down from June’s 68.2. Inflation expectations fall, but economic attitudes remain cautious amid high prices.
- The changes were reviewed by the MLS Emerging Issues and Technology Advisory Board and adopted by the National Association of Realtors® Leadership Team.
- CoreLogic said high mortgage interest rates during the spring home season drove home sales lower, cooling home prices in more markets.
- Inflation declined to 2.5% in June, supporting the Fed's potential September interest rate cuts and hinting at a "soft landing" for the economy.
- Join the Florida Realtors® legal team for an online discussion about the amended Buyer Broker Agreements. The free webinars will be held Monday and Tuesday.
- The average rate on a 30-year mortgage rose to 6.78% from 6.77% last week, while costs on 15-year fixed-rate mortgages rose to 6.07% from 6.05%.
- Scammers are posting fake listings for properties that are not available for rent. Verify the listing and conduct online searches to ensure the listing is real.
- A Credit Sesame survey suggests Americans from underserved communities lack equal access to financial education, hindering their ability to secure credit.
- Median asking rent across the U.S. fell -0.4% in June, but Tampa and Miami saw the highest percentage increase in rents from June 2019 to June 2024.
- Redfin reports that luxury home prices grew nationally more than twice as fast as non-luxury homes in the second quarter of 2024 thanks to all-cash buyers.
- Redfin said monthly housing payments are falling as mortgage rates decline, but many house hunters remain on the sidelines.
- Real estate is becoming the preferred cyberattack target. Multifactor authentication (MFA) improves security by deterring intruders.