National News

NAR: Existing-home sales rebound in September
NAR: Existing-home sales rebound in September

The median existing-home price for all housing types in September was $352,800, up 13.3% on an annual basis, as every region in the country registered price increases.

Freddie Mac to offer $3B in affordable housing bonds
Freddie Mac to offer $3B in affordable housing bonds

Freddie Mac plans to offer at least $3 billion in single-family affordable housing bonds to support affordable homeownership and serve historically underserved markets, according to a press release. To underscore this effort, the company is offering approximately $285 million

RE/MAX: Miami housing market takes a pause in September 
RE/MAX: Miami housing market takes a pause in September 

Active inventory fell 6.8% to 19,683 from August, and months supply of inventory slid 11.9%, according to RE/MAX’s National Housing Report for September. 

Redfin: Climate change will exacerbate U.S. housing shortage
Redfin: Climate change will exacerbate U.S. housing shortage

Climate change will negatively impact the already-stunted housing inventory in the U.S., according to a recent Redfin report.

Zillow: Unprecedented housing market shift has had little impact on sellers
Zillow: Unprecedented housing market shift has had little impact on sellers

While the past year has been unprecedented in terms of economic change and a global pandemic, most U.S. home sellers’ experiences were similar to past years, according to Zillow’s latest consumer housing trends report.  Consistent with the past three

EXIT Realty nurtures mental health, well-being in workplace
EXIT Realty nurtures mental health, well-being in workplace

As COVID-19 continues to negatively impact people and workplaces, EXIT Realty Corp. International announced it is working to maintain the health and well-being of its agents and brokers through a series of programs, including its Focus on Good Health initiative.

HUD now considering climate change when underwriting loans
HUD now considering climate change when underwriting loans

The U.S. Department of Housing and Urban Development (HUD) recently announced a plan that will implement new policies to combat global warming, according to a press release. 

Missing apostrophe in Facebook post lands real estate agent in court
Missing apostrophe in Facebook post lands real estate agent in court

An Australian real estate agent’s failure to use proper punctuation in a Facebook post could cost him tens of thousands of dollars, according to a report by The New York Times.

South Florida tops list for biggest construction value increase
South Florida tops list for biggest construction value increase

Miami, Fort Lauderdale and Pompano Beach were ranked as the top major U.S. cities to see the biggest increase in single-family home construction value from June 2020 to June 2021, according to a report by OMNIS Panels.

Court rules sending email could create binding contract
Court rules sending email could create binding contract

Email users should be mindful of what they write, as the contents of electronic messages could be legally binding, according to a report by the National Association of Realtors. 

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