National News
The latest National Association of REALTORS® Confidence Index Survey found that 16% of respondents expect a year-over-year increase in buyer traffic in the next three months, compared to 13% a month earlier.
July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000.
The pace of home sales increased 1.3% from June after months of decreases, the National Association of REALTORS® said.
Wright had served as interim CEO since November.
South Florida ranked No. 9 among major metro areas, with more than 14,100 apartments expected to be completed in 2024.
The lawsuit criticizes NAR’s new rules in the wake of its legal settlement.
The average 30-year fixed mortgage rate dropped more than a quarter point since last week.
NAR’s commissions lawsuit settlement includes some nuances important to know for buyer’s agents, seller’s agents and clients.
The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month.
Just 13% of respondents expect an increase in buyer traffic in the next three months.
The city jumped 15 spots in RentCafe’s annual ranking of U.S. cities.
The new name conveys a “concise, modern identity,” the company said.
In Miami, the 2022 shortage was nearly 67,000 homes, an 11.5% increase from 2021.
The money raised will go to nonprofit organizations that support the U.S. military community.
John Johnson will be replaced by the former president and CEO of telecom-infrastructure provider Crown Castle Inc.
The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.