by Beth McGuire | Aug 30, 2024 | Industry News, Latest News, National, News, Premier |
After five consecutive months of declines, consumer sentiment reversed course this month, rising alongside some positive economic signs of lowered inflation and an all-but-guaranteed rate cut by the Fed in September. According to the University of Michigan’s latest...
by | Aug 30, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Summer is coming to a close, and with some major deadlines looming in a few of the larger cases facing real...
by | Aug 30, 2024 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
The Federal Reserve’s preferred measure of inflation showed an annual gain of 2.5% in July, within striking distance of the central bank’s long-term mandate of 2%, putting the country firmly on track for a series of rate cuts—likely starting next month. The Personal...
by | Aug 29, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
According to a filing in federal court today, the National Association of REALTORS® (NAR) is planning to appeal to the Supreme Court after a panel of judges allowed the Department of Justice (DOJ) to reopen its inquiry into several NAR policies. NAR will file its...
by Beth McGuire | Aug 29, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Falling to its lowest level since May 2023, the average 30-year-fixed mortgage rate fell again this week to 6.35%, down from last week’s 6.46%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: ...
by | Aug 29, 2024 | Industry News, Latest News, National, News, Premier |
The National Association of REALTORS®’ (NAR) latest report on pending home sales found a 5.5% drop-off in July 2024. Compared to July 2023, the decline is even steeper at 8.5%. In June, pending sales reversed a three-month decline and rose 4.8%. July also saw the...