Shutdown Could Disrupt NFIP, Real Estate Deals

A government shutdown may pause NFIP renewals, FHA loans and other real estate activity. NAR called on Congress to prevent the disruption.

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Mortgage Rates Rise, 30-Year Reaches November High

The average rate on 30-year mortgages rose to 6.72% from 6.6%. Borrowing costs on 15-year fixed-rate mortgages rose to 5.92% from 5.84% last week.

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Fla.’s Nov. Housing: New Listings, Inventory Up

Florida Realtors Chief Economist: Nov. saw a post-hurricane rebound for new listings, new pending sales. New listings, single-family up 7.2%; condos, up 5.4%.

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Florida Realtors' Tim Weisheyer on Leadership

Incoming Florida Realtors President Weisheyer said his career has been shaped by a focus on making a positive impact, among other key leadership principles.

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U.S. Homes Hit Record for Extra Bedrooms

The trend in increasing number of excess bedrooms is driven by both declining household sizes and by an increase in the number of bedrooms per home.

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Existing-Home Sales Rise 4.8% in November

NAR: Existing-home sales in the South rose 5.6% from October to an annual rate of 1.87 million in November, up 3.3% from one year before.

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Redfin: Buyers With Kids Get More Family Help

One in four buyers with kids received family cash for down payments, compared to 12% of those without, highlighting higher housing costs for families.

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Federal Reserve Cuts Rate by Quarter-Point

The Fed cut rates for the third time in 2024 but signaled slower reductions ahead, citing persistent inflation and economic uncertainties.

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5 Common Questions About FR/BAR Contracts

Test your knowledge and learn more about the Florida Realtors/Florida Bar (“FR/BAR”) contract with this short quiz.

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Honoring Moe Veissi

Florida Realtors is deeply saddened to announce 2002 Florida Realtors President Maurice J. “Moe” Veissi died. He was 78.

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