by | Jul 25, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) flattened this week, from last week’s average of 6.77% to a current average of 6.78%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM...
by | Jul 25, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Uncertainty continues to plague the sale of REcolorado, one of the largest MLSs in the country, with a second prospective buyer petitioning for a chance to acquire the MLS as the two REALTOR® associations behind the sale push forward, despite significant misgivings...
by Beth McGuire | Jul 24, 2024 | Best Practices, Brokers, Industry News, Latest News, National, News, Premier |
In a court filing July 23, CoStar Group has asked a judge for an order for expedited discovery in its legal conflict with realtor.com parent Move, Inc. Included in the filing is that James Kaminsky, the CoStar employee formerly employed by Move, who Move claims...
by | Jul 24, 2024 | Industry News, Latest News, National, News, Premier |
Rent prices continued to drop for the 11th straight month this June, according to the latest data from Realtor.com®. Despite continued decreases, however, rents remain elevated from the pre-pandemic levels of 2019. Realtor.com’s Rental Report for June found that...
by | Jul 24, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Sales of single-family homes in June were 0.6% below the May rate of 621,000, reaching a seasonally adjusted rate of 617,000, according to data released by the U.S. Census Bureau and the Department of Housing and Urban Development. This is significantly below—7.4%,...
by | Jul 24, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
CoStar Group, the commercial real estate heavyweight that is making waves in residential spaces, announced in an earnings call July 23 that revenue for the quarter ended June 30, 2024 was $678 million, up 12% over revenue of $606 million for the quarter ended June 30,...