Affordable homes have long been in short supply for lower-income households, but data released Monday by Redfin showed positive signs for the starter-home segment. According to Redfin, pending sales of starter homes grew 10.2% year over year in July to reach their highest level since October 2022. This was in stark contrast to three other…
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Since Aug. 13, the U.S. Department of Housing and Urban Development (HUD) has announced disaster relief efforts across six states due to presidentially declared major disasters resulting from a hurricane, flooding, tornadoes and landslides. A few days after President Joe Biden issued a major disaster declaration in Florida stemming from Hurricane Denby, HUD announced the…
Stefania Mogollon, Ancona Real Estate agent, joins ‘Power Lunch’ to discuss the state of the Florida real estate market.
The National Association of Realtors (NAR) is facing yet another lawsuit. The latest complaint, which is seeking class-action status, was filed on Friday by eight real estate agents in Los Angeles County Superior Court. The suit claims that NAR, along with Move Inc., Move Sales, OpCity Acquisitions, OpCity Inc. and REA Group Ltd. — which,…