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- U.S. Housing Starts End 2024 on High NoteOverall housing starts increased 15.8% in December to a seasonally adjusted annual rate of 1.50 million units, HUD said.
- Tips for Growing a Small Business in 2025To grow a small business, focus on customer trust and satisfaction, a strong digital footprint and a positive workplace culture, among other priorities.
- Survey: Homeownership Key to the American DreamSentiments towards homeownership remain positive as Americans identify it as a life goal. Many think it’s important to build long-term wealth.
- 5 Professional Insecurities That Could Cost YouReal estate pros who overcome common fears like public speaking, networking and client ghosting can increase their business and see greater success.
- Redfin: December Sales Dip, Cancellations SurgePending home sales fell 4.5% in December, while canceled deals hit a record 16.2%. Existing home sales rose 0.7%, driven by earlier demand.
- 2025: A Year of Stabilization and OpportunitiesNAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow.
- Study: Florida Home Prices Surge in Last DecadeSeven cities in Florida saw 10-year increases in home prices of more than 190%, according to a study, which is about twice the national average.
Central Florida
- World Property Media to Commence Industry Funding Round to Launch WPC TVMiami-based real estate technology developer, World Property Ventures, announced this week that its wholly owned subsidiary, World Property Media, is planning a major funding round in 2025 to support the development and deployment of its emerging global real estate streaming service, WPC TV.
- Mortgage Rates in America Above 7 Percent, AgainBased on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.04 percent as of January 16, 2025.
- U.S. Residential Foreclosures Dip 10 Percent Annually in 2024According to ATTOM's Year-End 2024 U.S. Foreclosure Market Report, foreclosure filings--comprising default notices, scheduled auctions, and bank repossessions--were reported on 322,103 U.S. properties in 2024.
- Architecture Industry Sees Mixed Signals as 2025 ApproachesWhile the AIA/Deltek Architecture Billings Index (ABI) dipped slightly below 50 in November 2024, the score hovered near the threshold, reflecting an almost equal split between firms reporting increases and decreases in billings.
- Global Data Center Demand Spikes in 2025Global property consultant JLL is reporting artificial intelligence (AI) applications are expanding rapidly across industries, with the global data center sector playing a pivotal role in supporting AI adoption and advancement.
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