by Aidan Whalen | May 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
RE/MAX Holdings, the parent company of real estate franchise RE/MAX and Motto Mortgage, released its Q1 2023 earnings report on May 4, 2023. The company reported a total revenue of $85.4 million. This is a 5.04% increase from the previous quarter’s revenue of $81.3...
by Aidan Whalen | May 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
In January 2023, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac (the GSEs) to change the structure of their upfront fees and the levels of some fees. While these changes will provide more clarity for investors and help some consumers,...
by Aidan Whalen | May 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Despite a thaw in the market in time for Spring, low inventory is still causing higher prices, creating affordability issues for buyers across the market, according to a new report from Realtor.com. Realtor.com’s Monthly Housing Trends Report for April found that,...
by Aidan Whalen | May 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
While homeownership is known to be costly, 21.48% of owner-occupied households in the U.S. are housing cost-burdened, according to a new report from LendingTree. LendingTree’s latest report analyzed U.S. Census Bureau American Community Survey data to determine the...
by Aidan Whalen | May 3, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
After consecutive months of almost no movement, RISMedia’s measure of real estate confidence, the Broker Confidence Index (BCI), jumped this month, powering from 6.4 to 6.9—almost exactly where it was a year ago. Through most of 2023, brokers have remained more than a...