by | Sep 29, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
With just under three weeks before the first of the major commission lawsuits goes to trial, the potential for courtroom drama appears to be growing as three of the plaintiffs who launched the suit are attempting to withdraw as class representatives. Lawyers for the...
by Beth McGuire | Sep 28, 2023 | Industry News, Latest News, National, News, Premier |
After a slight uptick to 7.19% a week ago, the 30-year fixed-rate mortgage (FRM) averaged 7.31% this week, its highest level in 23 years, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: 30-year...
by | Sep 28, 2023 | Economy, Industry News, Latest News, National, News, Premier |
If Congress is unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government by September 30, 2023, the result will be a partial shutdown of some government operations of interest to the real estate industry. A summary of the impact...
by | Sep 28, 2023 | Agents, Best Practices, Brokers, Industry News, Latest News, National, News, Premier, Tech |
AI. This year, you don’t have to say much more than that to get people’s attention. The shocking power of these “large language models” like ChatGPT were obvious to everyone who used them, performing complex tasks and responding to messages with eerily human-like...
by | Sep 28, 2023 | Industry News, Latest News, National, News, Premier |
Pending home sales fell 7.1% in August, according to the latest data from the National Association of REALTORS® (NAR). This reverses the slight 0.9% increase seen in July. NAR’s Pending Home Sales Index (PHSI) for August registered at 71.8, reflecting a moderate level...
by | Sep 28, 2023 | Agents, Best Practices, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Mortgage rates are the highest they’ve been in years. Inventory is tight and home prices have stayed elevated. Thus, many prospective homebuyers who thought they had their finances buttoned up are suddenly having to recalculate, and often stretch, if able to purchase...