by Beth McGuire | Jan 10, 2021 | Industry News |
The Weichert Family of Companies recently announced that its employees, associates, friends and sponsors were able to raise a collective donation of $25,000 for the American Cancer Society (ACS) and breast cancer research in 2020. These contributions came despite the...
by Beth McGuire | Jan 10, 2021 | Industry News |
The Real Estate Board of New York (REBNY) recently reported that asking retail rents throughout Manhattan have declined in all 17 reported corridors, as average asking price per square foot (PPSF) rents fell by as much as 25 percent year-over-year. According...
by Beth McGuire | Jan 10, 2021 | Industry News |
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.65 percent, the lowest rate in the survey’s history which dates back to 1971. “A new year, a new record...
by Beth McGuire | Jan 10, 2021 | Industry News |
The unemployment rate remained unchanged at 6.7 percent in December, according to the U.S. Bureau of Labor Statistics. Total nonfarm payroll employment declined by 140,000—a reflection of increases in COVID cases and “efforts to contain the pandemic,”...
by Beth McGuire | Jan 8, 2021 | Latest News, National, News |
Inventory has been a struggle for a long time, and the problem has been compounded by the ongoing coronavirus pandemic. According to realtor.com®’s December Housing Report, the number of homes for sale recently reached an all-time low, hitting below 700,000 for...