Mortgage Rates Inch Higher Into The 8s

There have been some more abrupt rate spikes in the recent past--days where the average mortgage rate has risen by more than an eighth of a percent (the standard increment separating one mortgage rate from the next).  Today was not one of those days. But while rates were only modestly higher ve

Did AI Create that Article? How to Tell

One day this won’t be true as artificial intelligence (AI) improves, but most computer-generated content currently has some traits that say, “Hey, I’m from AI.”

NAR: Sept. U.S. Existing-Home Sales Down 2.0%

Median home prices rose 2.8% year-to-year under NAR’s seasonally adjusted formula, and the inventory of unsold existing homes climbed 2.7% month-to-month.

Miami’s Luxury Rental Market Slowing Down

Historic rental increases couldn’t continue forever. The addition of more units and drop in new residents has weakened demand and dinged rental prices.