by Beth McGuire | Mar 14, 2024 | Industry News, Latest News, National, News, Premier |
First-time homebuyers have long faced a trifecta of high mortgage rates, low housing inventory and climbing home prices throughout much of the country, making homeownership a difficult journey. Despite these challenges, first-time homebuyers still made up the largest...
by | Mar 14, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.88% to an average of 6.74% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The...
by | Mar 14, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
The American Real Estate Association (formerly but no longer using the acronym AREA) conceived in January as a potential alternative to the National Association of REALTORS® (NAR), held its first event virtually, a “listening tour,” where they heard from agents across...
by | Mar 14, 2024 | Industry News, Latest News, National, News, Premier |
The multifamily rental market recently stabilized as housing market challenges persist, seeing its first price rise in seven months. Yardi’s latest National Multifamily Report for February found that multifamily rents rose slightly by $1 to $1,713, while...
by | Mar 13, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Late last year, Washington, D.C. Attorney General (AG) Brian L. Schwalb announced the filing of a lawsuit against Curbio, a national pre-sale home renovation platform, for allegedly taking part in a scheme targeting the elderly and financially disadvantaged. Curbio is...
by | Mar 13, 2024 | Industry News, Latest News, Lead Story, Luxury, National, News |
Today, the affluent are purchasing homes with an eye firmly fixed on this being a long-term investment, as the rate of price increases has slowed. With that has come a change in their philosophy on what they want from a new home. While location, price and size are...