World News
Lower Energy Costs Drive Lower U.S. Construction Input Prices in September
According to new analysis by the Associated Builders and Contractors based on data from the U.S. Bureau of Labor Statistics' Producer Price Index, U.S. construction input prices fell by 0.9% in September 2024 compared to the previous month, Nonresidential construction input prices also dropped by 0.9% during the same period.
California Realtors Predicting a Rosier 2025 for Local Home Sales
The California Association of Realtors (C.A.R.) has recently released its 2025 housing and economic forecast, predicting a more favorable interest rate environment that will ease the current "lock-in" effect, leading to improved housing inventory.
U.S. Home Foreclosures Down 13 Percent Annually in Q3
According to ATTOM's newly released Q3 2024 U.S. Foreclosure Market Report, a total of 87,108 U.S. properties had foreclosure filings in the third quarter of 2024, representing a 2 percent decrease from the previous quarter and a 13 percent decline from the same period last year.
Up to 700,000 Florida Homes at Risk of Storm Surge Damage from Hurricane Milton
According to new data from CoreLogic, an estimated 500,000 residential properties in the greater Tampa Bay and Sarasota metro areas are at risk of storm surge flooding due to Hurricane Milton.
Las Vegas Condo, Home Sales Downtick Annually in September
A new report released by Las Vegas Realtors shows that prices for local condos and townhomes have reached an all-time high in September 2024, while home prices nearly matched their previous peak.
