by Paige | Nov 7, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
The National Association of REALTORS®’ (NAR) latest quarterly report shows that single-family existing-home sales prices climbed in 87% of measured metro areas (196 out of 226) in the third quarter of 2024 as mortgage rates continued to trend lower, with the 30-year...
by Beth McGuire | Nov 7, 2024 | Industry News, Latest News, National, News, Premier |
Mortgage rates inched up again this week, a six-week runup to date and not expected to stabilize by the end of the year, experts noted. The 30-year fixed-rate mortgage averaged 6.79% this week, up from the previous week’s average of 6.72%, according to the latest...
by Paige | Nov 7, 2024 | Industry News, Latest News, National, News, Premier |
Addressing investors after a Q3 earnings report—in which the company greatly outpaced the broader industry and beat its own expectations—Zillow Chief Financial Officer Jeremy Hoffman said the portal giant is expecting continued tailwinds from broader changes to the...
by Beth McGuire | Nov 7, 2024 | Agents, Best Practices, Brokers, Industry News, Latest News, National, News, Premier |
As Trump’s victory over Democratic candidate Vice President Kamala Harris became apparent on Wednesday, bond markets reacted sharply. The benchmark 10-year Treasury yield jumped to 4.479%, its highest level since July, according to news reports. Mortgage rates...
by | Nov 7, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In a Q3 2024 earnings call Nov. 7, Anywhere Real Estate reported financial results for the third quarter ended September 30, 2024, which included earnings of $7 million but sales falling 3.1% year on year to $1.54 billion. On a per-share basis, the Madison, New...
by Paige | Nov 7, 2024 | Industry News, Latest News, Lead Story, National, News, Premier |
Last week, Judge Stephen Bough of the Western District of Missouri—who oversaw the Burnett case and trial—approved settlements struck by eight large brokerages in the largest Burnett commission copycat case. Those deals bring the total number of settlements that have...