by | Dec 20, 2024 | Agents, Brokers, Consumer, Economy, Industry News, Latest News, National, News, Premier |
The University of Michigan’s consumer sentiment index improved for the fifth consecutive month in December, rising about 3% to its highest reading in seven months. A surge in buying conditions for durables led Current Economic Conditions to soar more than 20%. Rather...
by Beth McGuire | Oct 30, 2024 | Consumer, Latest News, National, News |
Remember the days of 3% mortgage rates? As a relieved nation emerged from the Covid-19 pandemic in 2021, along with it came those historically low average mortgage rates below 5.00%, 4.00% or even sub-3.00%. But as inflation began to increase so too did mortgage...
by | Oct 25, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
How are consumers feeling overall, and how does that translate to a real estate sale? The question is multifaceted, but asking it could be key to learning where buyers stand as the election fast approaches. The consumer sentiment index indicated yet another rise, for...
by | Oct 11, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale? Consumer sentiment dipped slightly in the early days of October 2024, from 70.1 to 68.9, per the latest report for the University of Michigan. This...
by | Oct 1, 2024 | Agents, Best Practices, Brokers, Consumer, Industry News, Latest News, National, News |
Maintaining client relationships means hopefully selling them another house in the future, and representing them as the seller agent as well. As such, it’s imperative you guide them in all aspects of homeownership even in times when they are not buying or selling. One...
by | Sep 27, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
With a recent interest rate decrease from the Fed and slowing inflation, consumers’ economic hopes saw a significant increase in September. Consumer sentiment rose 3.2% in September, from 67.9 in August to 70.1, according to the University of Michigan’s latest...