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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...
Tom Reilly
Sep 10, 20222 min read
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...
Tom Reilly
Sep 10, 20221 min read
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...
Tom Reilly
Sep 10, 20224 min read
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...
Tom Reilly
Sep 10, 20222 min read
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...
Tom Reilly
Sep 10, 20223 min read
Tom Reilly
Aug 24, 20220 min read
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...
Tom Reilly
Aug 24, 20222 min read
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...
Tom Reilly
Aug 24, 20222 min read
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...
Tom Reilly
Aug 24, 20222 min read
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...
Tom Reilly
Aug 24, 20223 min read
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...
Tom Reilly
Aug 24, 20222 min read
Tom Reilly
Aug 15, 20220 min read
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....
Tom Reilly
Aug 15, 20222 min read
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...
Tom Reilly
Aug 15, 20223 min read
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...
Tom Reilly
Aug 15, 20222 min read
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...
Tom Reilly
Aug 15, 20222 min read
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...
Tom Reilly
Aug 10, 20221 min read
Tom Reilly
Aug 2, 20220 min read
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...
Tom Reilly
Aug 2, 20223 min read
Yun to Lawmakers: Market Won’t Improve Without Action on Supply
The inventory crunch will continue to chip away at affordability and sideline more buyers unless Congress enacts policies to boost...
Tom Reilly
Aug 2, 20222 min read
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