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Tom Reilly
- Sep 10
- 2 min
Economist: Mortgage Rates Hurt Buyers More Than Home Prices
As the average for a 30-year loan rises again, an NAR researcher says higher borrowing costs have triple the impact on monthly mortgage...
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Tom Reilly
- Sep 10
- 1 min
REALTORS® Rush Aid to Kentucky, Missouri Flood Victims
The REALTORS® Relief Foundation has given $1 million to help with emergency housing needs during the cleanup. August 29, 2022 Melissa...
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Tom Reilly
- Sep 10
- 4 min
Fla. Homeowners’ Insurance Surcharges Coming
SEPTEMBER 9, 2022 By Sam Sachs As insurance providers in Fla. leave the market and some companies fold, residents themselves are footing...
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Tom Reilly
- Sep 10
- 2 min
As Housing Market Cools, Homebuyers Regain Leverage
SEPTEMBER 9, 2022 By Alex Veiga Redfin analysis: On average, U.S. homes bought in Aug. sold for less than what sellers were asking –that...
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Tom Reilly
- Sep 10
- 3 min
Insurance Law Fight Goes to Appeals Court
SEPTEMBER 9, 2022 By Jim Saunders Contractors have launched an appeal in a legal battle about part of a new Fla. property-insurance law...
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Tom Reilly
- Aug 24
- 2 min
NAR: Contract Signings, Down Again, May Have Hit Bottom
Pending home sales in July dropped nearly 20% year over year as the housing market continues to slow. But a turnaround is in sight, says...
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Tom Reilly
- Aug 24
- 2 min
Homes Haven’t Been This Unaffordable Since 1989
Housing affordability hit a 33-year low in June, according to NAR data. But an increase in inventory and stabilizing mortgage rates may...
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Tom Reilly
- Aug 24
- 2 min
Mortgage Rates Settle In the 5% Range
As inflation appears to have peaked, borrowing costs are starting to stabilize. August 18, 2022 Melissa Dittmann Tracey Mortgage rates...
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Tom Reilly
- Aug 24
- 3 min
Experts: Changes to Supply Chain Will Benefit Commercial Real Estate
U.S. companies are looking to bring operations home from overseas, which will open new opportunities for commercial brokers, speakers at...
9 views0 comments
Tom Reilly
- Aug 24
- 2 min
Builders Concerned About Sudden Pullback in New-Home Market
One in five reported reducing their prices in the past month to increase sales and limit contract cancellations. But a better outlook may...
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Tom Reilly
- Aug 15
- 2 min
What Climate, Health Care Bill Doesn’t Do
© Robert Alvarez - EyeEm/Getty Images Inflation Reduction Act leaves out tax measures that would have derailed real estate investment....
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Tom Reilly
- Aug 15
- 3 min
Yun: Possible Economic Downturn Likely to Be Mild
© mikroman6 - Moment/Getty Images A contracting economy typically means a recession, but other economic indicators are likely to mitigate...
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Tom Reilly
- Aug 15
- 2 min
Yun: Slowing Inflation Suggests Mortgage Rates Have Topped Out
© OsakaWayne Studios - Moment/Getty Images NAR’s chief economist shares what now needs to happen to bring down borrowing costs and...
8 views0 comments
Tom Reilly
- Aug 15
- 2 min
Mortgage Rates Rocket Back Above 5%, But Market ‘Stabilizing’
© tommy - DigitalVision Vectors/Getty Images Though weekly changes in borrowing costs are volatile, housing activity is reaching more...
11 views0 comments
Tom Reilly
- Aug 10
- 1 min
Tom is a real estate agent “extraordinaire”!
Tom is a real estate agent “extraordinaire”. He has unlimited patience and knowledge of the entire Gainesville area. He helped me...
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Tom Reilly
- Aug 2
- 3 min
Existing-Home Prices Hit New Record as Sales Slow
© BrianAJackson - iStock/Getty Images Plus Nearly every region of the country saw a major decline in real estate transactions last month...
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