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...
by | Aug 29, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Now that the now-famous date of Aug. 17, when complying with the National Association of REALTORS®’ (NAR) settlement became mandatory, has come and gone, the newest question is what happens if and when real estate renegades operate outside the box? What penalties...
by | Aug 28, 2024 | Industry News, Latest News, National, News, Politics, Premier |
Editor’s Note: The RISMedia series, Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Kamala Harris centers down payment assistance as headline housing policy The Democratic National Convention...