by Jesse Williams | Sep 20, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Housing starts, which have been falling for most of this year, surprised many observers by rising significantly in August—though low building permit numbers are foreshadowing more rough times ahead. Up 12.2% overall, multifamily drove the increase with a 28.6%...
by Jesse Williams | Sep 20, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Although U.S. single-family rent growth was up by 12.6% in July year over year, the gains continue to slow from the historic high recorded in April, as found in a new report released by CoreLogic this week. The Single-Family Rent Index (SFRI) report from CoreLogic...
by Jesse Williams | Sep 20, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The total number of loans now in forbearance decreased by 2 basis points from 0.74% to 0.72% as of August 2022, as stated in a new report from the Mortgage Bankers Association (MBA). According to MBA’s monthly Loan Monitoring Survey, 360,000 homeowners are in...
by Brit Owen | Sep 20, 2022 | Industry News, Latest News, Lead Story, National, News, Premier |
With a little more than three months left until the end of the year—the looming deadline to become free-cash-flow positive—Compass is making another round of layoffs to hit its mark. The New York-based firm announced in a Tuesday SEC filing that it is implementing an...
by Jesse Williams | Sep 20, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
According to a recent National Association of REALTORS® (NAR) survey, 26% of real estate agents are on teams. We’ve moved into a down market, and as many agents feel their businesses being squeezed, one of two things happens: they get out of the business or they join...
by Jesse Williams | Sep 19, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Builder confidence in the market for newly built single-family homes fell three points to 46 on the September National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released this week, the lowest level since May 2014 with the exception of...