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Climate change reshapes real estate, putting $1.5T in value at risk

USA Real Estate News-Inman - Tue, 2025-02-04 12:28
Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases.

State Farm seeks double-digit rate hike in California in wake of LA fires

USA Real Estate News-Inman - Tue, 2025-02-04 12:08
The insurer asked the California Department of Insurance to raise rates by an average of 22 percent "to help avert a dire situation" as the company pays thousands of claims related to the fires.

Nominate a rising star of the real estate industry

USA Real Estate News-Inman - Tue, 2025-02-04 12:02
Public nominations are now open in six categories for 2025, recognizing the real estate industry's emerging leaders.

Here’s What Moves Mortgage Rates—and Why It’s Not Always the Fed

USA Real Estate News-RISMedia - Tue, 2025-02-04 11:58

When the Federal Reserve raises or lowers its benchmark interest rate, many people expect mortgage rates to follow suit. But the relationship isn’t that straightforward. The federal funds rate—the rate banks charge each other for overnight loans—has an indirect impact on mortgage rates. The Federal Reserve sets a target rate range for its rate—currently 4.25%…

The post Here’s What Moves Mortgage Rates—and Why It’s Not Always the Fed appeared first on RISMedia.

Tariffs, Likely to Be ‘Inflationary,’ Face Uncertain Future

USA Real Estate News-RISMedia - Tue, 2025-02-04 11:47

On Sat., Feb. 1, President Donald Trump imposed previously promised tariffs, implementing a 25% tax on imported goods from Mexico and most from Canada (energy related goods are only 10%) and an additional 10% tax on imported goods from China. Tariffs could impact the housing market in a few crucial ways. For one, prices on…

The post Tariffs, Likely to Be ‘Inflationary,’ Face Uncertain Future appeared first on RISMedia.

The future of the MLS: A proposed path toward a national network

USA Real Estate News-Inman - Tue, 2025-02-04 05:00
Achieving a national multiple listing service should be our top priority as Realtors, Michigan-based @properties Christie’s International Real Estate broker Chris Marzke writes for Inman.

A broker left out of NAR settlement gets candid: ‘I’m still pissed’

USA Real Estate News-Inman - Tue, 2025-02-04 05:00
First Team CEO Michele Harrington's company just settled a commission suit. But while speaking to Inman, she was critical of the way the suits, and NAR's involvement, have played out.

How to navigate a buyer’s cold feet without derailing the deal

USA Real Estate News-Inman - Tue, 2025-02-04 04:00
Buyers may cancel a purchase at the last minute due to anxiety about the market, trepidation about taking on financial obligations or a nagging feeling that a more perfect home might be out there, Luke Babich writes.
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