by | Feb 1, 2024 | Industry News, Latest News, National, News, Premier, Reports |
America’s national rent crisis could be coming to an end. Rental prices have been elevated for years—and renters’ income hasn’t caught up to match—but per findings from the Waller, Weeks and Johnson Rental Index, rents are on the decline as of December 2023. The Index...
by | Feb 1, 2024 | Agents, Brokers, Lead Story, Premier |
Keller Williams announced this afternoon that it has settled the Burnett class-action lawsuit months after the trial concluded and a jury found the company had illegally conspired to inflate commissions (along with HomeServices and the National Association of...
by | Feb 1, 2024 | Agents, Best Practices, Industry News, Latest News, National, News, Premier |
Buying a house under construction is a more viable option now than it has been in the recent past. That’s because a lot of builders are undertaking to fill market needs due to the limited inventory of current homes for sale. Mortgage rates in the mid-sixes have kept...
by Beth McGuire | Feb 1, 2024 | Industry News, Latest News, National, News, Premier |
Still hovering in the mid-sixes, the 30-year fixed-rate mortgage (FRM) ticked down this week, averaging 6.63%, down from last week’s 6.66%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The...
by | Feb 1, 2024 | Economy, Industry News, Latest News, National, News, Premier |
As expected, the Federal Reserve indicated that rate cuts aren’t in proximity unless there is “continuing evidence” revealing inflation is decreasing toward the Fed’s 2% goal, as stated by Fed Chair Jerome Powell in a press conference after yesterday’s meeting....
by Beth McGuire | Feb 1, 2024 | Agents, Best Practices, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Above, NAR’s headquarters in Chicago It cannot have been easy for the National Association of REALTORS® (NAR) to remain relatively quiet while enduring the broadsides of the media for a variety of reasons over the last year or so. Between losing the Burnett...