by | Nov 30, 2023 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
The Personal Consumption Expenditures (PCE) index, maintained by the Bureau of Economic Analysis (BEA), tracks prices, consumer spending and fluctuations in them month to month. It is also the Federal Reserve’s preferred measure of inflation. If you want a sense of...
by | Nov 30, 2023 | Agents, Best Practices, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Above: CoStar Founder and CEO Andy Florance. Photo by AJ Canaria. The glass booth, transparent except for looping letters spelling out “Homes.com,” sits at the back of what can best be described as a small settlement. Spread across several thousand square feet of the...
by | Nov 30, 2023 | Industry News, Latest News, National, News |
The 30-year fixed-rate mortgage (FRM) decreased for the fifth straight week, from last week’s average of 7.29% to an average of 7.22% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:...
by | Nov 30, 2023 | Industry News, Latest News, National, News, Premier |
Pending home sales dropped 1.5% in October, according to a Nov. 30 report issued by the National Association of REALTORS® (NAR). The Northeast posted a monthly gain in transactions while the Midwest, South and West all recorded losses. All four U.S. regions noted...
by | Nov 30, 2023 | Industry News, Latest News, National, News, Premier |
Across the U.S., 1.54 million mortgages secured by residential property (1 to 4 units) were issued in Q3 2023, representing a 3% decline from the prior three-month period, according to a new report from ATTOM. That drop-off marked the ninth decline in the last 10...