
Investor Purchases Surge to 2-Year High
Investors bought 1 of every 6 U.S. homes that sold, purchasing $43 billion worth of properties, and 1 of every 4 low-priced homes that sold.
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Builder Confidence Moves Lower
A lack of affordability and buyer hesitation contributed to a decline in builder sentiment in August. An upcoming interest rate cut should help.
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Are You Ready? NAR Settlement = New Practices
Starting tomorrow, August 17, changes to the NAR settlement practices take effect. Florida Realtors has resources available to help you navigate these new changes.
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Young Owners Likely to Tap Equity for Spending
A Bankrate survey found younger and older owners differ in how they use home equity. Overall, 55% of owners approve of using equity for home improvements.
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