The National Association of Realtors (NAR) reported a rise in U.S. existing-home sales in the full month of November 2024. Sales increased in three major regions and held steady in the West. Year-over-year, all four regions saw sales growth. Total existing-home sales — including single-family homes, townhomes, condominiums, and co-ops–rose 4.8% from October, reaching a…
By Istvan Fehervari, Homebourse CEO Miami is no longer just a vacation paradise with sun-drenched beaches and luxurious nightlife. Over the last few years, the city has emerged as a financial and tech powerhouse, reshaping its identity and rapidly attracting businesses, investors, and top-tier talent from across the globe. From its low-tax environment to a…
This week, the Federal Reserve reduced its key interest rate by a quarter percentage point, marking the third consecutive cut and signaling a cautious outlook for future reductions. As widely expected by markets, the Federal Open Market Committee (FOMC) lowered the overnight borrowing rate to a target range of 4.25%-4.5%. This brings the rate back…
Investing in vacation rental properties should never be a prompt decision. It requires a thoughtful decision-making process to ensure that you are getting a good return on investment (ROI). There are several factors like choosing the right location, accommodating the customer’s demands, and calculating the operational costs to figure out a viable option. Moreover, you…
Builder sentiment remained consistent at the close of 2024, as elevated home prices and mortgage rates balanced builders’ optimism about a potential improvement in the regulatory business environment by 2025. Reflecting this optimism, builders reported heightened expectations for increased sales in the coming months. In December 2024, builder confidence in the market for newly constructed…