As part of an ongoing relationship with the Food Recovery Network (FRN), the National Association of Realtors provided roughly 3,475 meals to Americans in the past six months, according to a press release. 

Millennials are at the greatest risk of becoming house-rich and cash-poor as the generation is spending the highest percentage of their monthly income on homeownership costs compared to other generations, according to a new Hometap report.

While the real estate market is finally showing signs of cooling after a year of skyrocketing home prices and bidding wars, desirable metros across the U.S., including in Florida, Washington and Massachusetts, can expect a big year in 2022.

A movement sparked by the pandemic is causing Americans to pack up and relocate. As it turns out, Florida and Houston are top-ranking destinations for many people. 

With home prices continuing to reach new heights  across the country, many potential homebuyers are seeing the mobile-home market in a brand new light as single-family home prices become less affordable for young and middle-class buyers. 

As more money is being spent on real estate than ever before, the booming market is on pace to shatter records this year, according to a recent CoreLogic report.

The Federal Housing Finance Agency (FHFA) recently announced its 2022 conforming loan limits (CLL) for conventional loans acquired by Fannie Mae and Freddie Mac.

Investors across the country are looking to cash in on skyrocketing house prices and rents, putting them in competition with new buyers trying to work their way to homeownership. Real estate investors bought a record 18% of the homes sold in the third quarter, according to a new Redfin report.

Luxury real estate is in high demand in Florida’s housing market, as November alone saw 55% more sales than listings, according to a report by the Institute for Luxury Home Marketing.

A Douglas Elliman agent has listed South Florida’s “Monarch Estate” for $14 million, according to a press release. Known for the butterfly sanctuary on its 1.5-acre grounds, the 12,000-square-foot home at 3030 Meadow Ln. is located in the Windmill Ranch Estates community, just north of Miami.

Home prices in eight Florida metro areas were significantly higher than the average price in the rest of the country, according to the Federal Housing Finance Agency House Price Index (FHFA HPI).

“Motivated by fast-rising rents and the anticipated increase in mortgage rates, consumers that are on strong financial footing are signing contracts to purchase a home sooner rather than later.” — NAR chief economist Lawrence Yun

The demand for housing in the U.S. has reached a new all-time high since 2017, a rare occurrence for this time of year when the market typically slows. According to a Redfin report, a recovering economy and all-time low mortgage rates are critical factors in the current market. 

As the economy recovers from COVID and the housing market gains traction, homeownership is top of mind for Americans, according to the latest survey from Coldwell Banker Real Estate LLC.

The National Association of Realtors (NAR) has partnered with Panorama Travel Solutions to offer exclusive travel deals and discounts through the NAR Travel Club.

As dramatic rent prices impact states across the nation, renters are searching for more affordable places to call home. Nationally, the median rent price is up over 16% since January, with some cities seeing double that, according to a recent Apartment List report.