National News

Multigenerational homebuying and mortgage-readiness fueling Latino homeownership rates

“Latinos are more mortgage ready. Latinos have made strides in income and are more educated in the homebuying process,” said Nidia Fromenta Peguero of Century 21 North East in Danvers, Massachusetts. “They don’t want to rent anymore.”

Jennifer Wauhob named NAR’s 2023 vice president of association affairs

Vice President of Association Affairs Jennifer Wauhob brings over a decade of experience to her new role with NAR.

Marki Lemons Ryhal to host NAR podcast: ‘Drive With NAR’

Chicago real estate legend Marki Lemons Ryhal has been named the new host of the National Association of REALTORS®’ monthly podcast, “Drive with NAR.” The first episode debuts Feb. 6.

Broward County existing home market
Florida’s home prices rose higher than any other state in 2022

Florida’s home prices rose an average of nearly 20% during 2022, the biggest percentage jump of any U.S. state, a new study revealed.

Court sides with National Association of Realtors, halts antitrust investigation 

The Department of Justice must close its reopened antitrust investigation into the National Association of Realtors, a federal judge ruled this week.

NAR tips to comply with the Fair Housing Act

Potential buyers want real information about the communities they’re shopping in. And while agents may feel like experts, their answers must always comply with fair housing laws. To help, the National Association of REALTORS® released some advice.

Anywhere Real Estate Inc. cuts workforce, ends iBuyer operation

The firm’s subsidiaries include Century 21, Coldwell Banker, Corcoran Group and Sotheby’s International.

Miami real estate rental and sales prices exploding
Florida is the fastest-growing state in the country, Census Bureau reports

Florida is the fastest-growing state in the country for the first time since 1957, a new report from the U.S. Census Bureau shows.

‘Greenest States to Move to in 2023’ study praises Florida for solar power efforts

Florida was ranked a top three state for solar power usage, according to the new Greenest States to Move to in 2023 report. 

Miami ranked the No. 2 city in the U.S. for creatives

With 31, Miami has more music festivals than any other city in the analysis. The city also scored well for its number of film festivals and artists. 

South Florida home sales to drop in 2023 while prices grow, projects

The projected year-over-year change in home sale transactions in the Miami-Fort Lauderdale-West Palm Beach region is -2%.

Miami ranks among best cities in the world

Miami came in at No. 52 in this year’s 2023 World’s Best Cities Report, a comprehensive annual study by Resonance Consultancy.

Christie’s International Real Estate returns to Miami with new affiliate Fortune International Realty

Fortune International Realty has 40 years of experience in the luxury Miami real estate market.

New-home sales post unexpected rebound in August 

Sales of new homes in the U.S. jumped 28.8% between July and August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

NAR: Existing-home sales fell in August while prices rose 

The median existing-home price for all housing types in August was $389,500, a 7.7% rise from the year before. 

Housing starts surprise to the upside in August 

New-home construction posted a 12.2% month-over-month increase in August, thanks in large part to a significant jump in multifamily building.  

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