Homeowners Hit by Helene Are In for an Insurance Claim Shock

Published by REALTOR.com | October 7, 2024 Owners of homes and businesses slammed by Helene could be in for a nasty shock when they check the small print of their policies. Homeowners are rushing to file insurance claims after Hurricane Helene left a trail of destruction across six states. Many of them will likely be …

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You Have Homeowners Insurance. Is It Enough to Rebuild Your House?

Published by REALTOR.com | October 3, 2024 Are you confident that if your home sustained damage from a fire or hurricane that your homeowners insurance policy would provide sufficient funds to rebuild? The devastating property damage from Hurricane Helene is casting a spotlight on that question, and the answer isn’t always what homeowners expect. “Many …

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How J.D. Vance and Tim Walz Differ on the Housing Crisis

Published by REALTOR.com | October 1, 2024 On the campaign trail, Vance and Walz have staked out their respective positions on the housing crisis, for the most part differing widely on its causes and solutions. What J.D. Vance has said about housing affordability In a speech at the Republican National Convention, the senator from Ohio …

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Experts Predict Where Mortgage Rates Are Headed in 2025

Published by REALTOR.com |  September 20, 2024 To see where experts predict mortgage rates might go over the next 18 months, Realtor.com rounded up the quarterly mortgage rate forecasts from various sources. The Federal Reserve’s historic rate cut this week could usher in a period of lower mortgage rates. Predicting the financial market’s next move …

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Construction Trends During Election Years

Published by Think Realty | September 12, 2024 Historical election year patterns can inform developer’s and investor’s strategies. Predicting the economic behavior of any industry is typically a tall task. However, forecasting the construction industry’s economic fluctuations during an election year is a much less daunting undertaking. With plenty of data to analyze, certain patterns …

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Boomers Own 38% of America’s Homes—but More Than Half Never Plan To Sell

Published by REALTOR.com | September 19, 2024 More than three-quarters of boomer homeowners say owning a home is the primary reason they’re financially secure. Homebuyers hoping for a flood of homes to hit the market from aging baby boomers might be disappointed by the results of a new survey. Among boomers who own homes, 54% …

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How Fed Rate Cuts Could Impact New Construction

Published by REALTOR.com | September 18, 2024 Certain regions of the U.S. are hot spots for new construction, particularly the South and West. During the COVID-19 pandemic, rock-bottom interest rates sparked a homebuying frenzy as the national housing supply struggled to keep pace. The result? Soaring prices for existing homes coupled with record-low housing stock …

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