by Aidan Whalen | Aug 4, 2023 | Brokers, Industry News, Latest News, Luxury, National, News |
Forbes Global Properties has has announced it has named a new chair for its board of directors. For this role, the company has selected Matt Beall, co-founder, CEO and principal broker of Hawaii Life. “It’s an honor to serve Forbes Global Properties as the...
by Aidan Whalen | Aug 3, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Almost exactly a year ago, National Association of REALTORS® (NAR) Chief Economist Dr. Lawrence Yun first coined the term “housing recession” to describe the swift, sharp decline in real estate markets all over the country, as the Federal Reserve raised rates and...
by Aidan Whalen | Aug 3, 2023 | Brokers, Industry News, Latest News, National, News |
With fewer houses being bought and sold in 2023 compared to last year due to mortgage rates continuing to hover close to 7%, and inventory issues also a continuing theme, staying profitable while retaining top agents and recruiting new ones is as challenging as ever...
by Aidan Whalen | Aug 3, 2023 | Brokers, Industry News, Latest News, National, News, Premier, Tech |
Normally, a $20 million quarterly net loss wouldn’t be grist for positive spin, but Offerpad spun it that way, citing trimmed losses and a greater number of homes acquired in the second quarter as progress after selling most of the older homes in its inventory. In...
by Aidan Whalen | Aug 3, 2023 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) averaged 6.90% this week, up for the second week in a row from last week’s 6.81%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate...