The spring home-selling season poses challenges for homebuilders due to high mortgage rates and economic uncertainty. Major builders like DR Horton reported a decrease in net orders, prompting them to offer incentives that have impacted profit margins. Toll Brothers also lowered its sales guidance amid mixed demand. Concerns over rising land prices and tariffs on imported materials further complicate the...
Real Estate & Mortgage News
NAR predicts a 9% increase in home sales in 2025, with new home sales expected to grow by 11% in 2025 and 8% in 2026. Realtor.com forecasts home prices to rise by 3.7% in 2025, with gradual increases through 2026....
Following the California wildfires in January 2025, USAA anticipates paying out $1.8 billion in claims, having received over 3,500 claims by February 5, 2025, with 86% of claimants receiving initial payments. The devastation in California is expected to have nationwide repercussions, leading insurers in the state to report record losses, potentially resulting in increased premiums and reduced coverage in...
When is an appraisal required? Required for most HELOCs Determines home value and borrowing limit Affects interest rates and loan terms Types: - Full appraisal - Drive-by: exterior only - Desktop: public record evaluation - Hybrid: mix of physical & remote - AVM: automated digital valuation...
Prime Income-Generating Beachfront Investment! Own a cash-flowing junior suite at Hilton Fort Lauderdale Beach Resort, offering breathtaking ocean & city views. This fully furnished, turnkey unit features floor-to-ceiling impact windows, private balcony, kitchenette, owner’s closet, in-unit washer/dryer & extra storage. Enjoy resort-style amenities:...
Investing in vacation real estate can be rewarding but comes with both benefits and challenges. Key advantages include potential rental income and personal getaway benefits, as popular destinations often maintain high occupancy rates. However, risks such as maintenance costs, market fluctuations, and legal considerations must be weighed. Financing can be more complex, with higher down payments and...
Deadline: The last day to file your taxes is April 15, 2025; extensions available but late filing incurs penalties. Forms Needed: Essential forms include Form 1040, W-2, and various 1099 forms depending on your income sources....
Spacious 2-bed, 1.5-bath townhome in River Club Townhouse Condo, along the Miami River! Features an open living & dining area, updated kitchen, private fenced yard with astro turf & large porch. Includes 1 assigned + 1 guest parking. Investor-friendly: Rent immediately, corporate ownership OK! Prime location: Minutes to River Landing Shops, Sewell Park,...
A proposed constitutional amendment in Pennsylvania aims to abolish property taxes, potentially saving homeowners thousands annually. Introduced by Republican state Representative Russ Diamond, the amendment could appear on the ballot in November. While supporters argue it alleviates financial burdens, concerns arise about local governments losing revenue. Similar initiatives are being discussed in other...
Florida’s housing market hits troubling milestone as single-family home inventory jumps 37.6% in Mid-Q1. Buyers gain advantage as inventory rises, signaling potential price drops after years of rapid growth....