by | Feb 27, 2024 | Industry News, Latest News, National, News, Premier |
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5% annual gain in December, up from a 5% rise in the previous month. The data released Feb. 27 for December 2023 also shows that 17 out of the...
by | Feb 27, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
On Feb. 26 a handful of real estate giants, including Compass, Redfin, United Real Estate and Douglas Elliman responded for the first time to the oldest—and largest—Burnett copycat case, revealing how the industry has evolved in its legal strategies against...
by | Feb 27, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In a Q4 2023 earnings call Feb. 26, iBuyer Offerpad put a positive spin on negative news of a $15.4 million loss, down 23% from Q3 2023 and 87% down from a year ago, when the company lost $121.1 million. Offerpad’s overall 2023 net loss totaled $117.2 million, down...
by | Feb 27, 2024 | Industry News, Latest News, National, News, Premier |
January saw median rents drop for the sixth straight month, with year-over-year prices down -0.3%, according to Realtor.com’s January 2024 Rental Report. Renters are experiencing much-needed relief, although prices are still 18.3% higher than pre-COVID. There is...
by Beth McGuire | Feb 26, 2024 | Industry News, Latest News, National, Premier, Teams |
Above, from left, Robert Little, Nina Gallagher and Erik Coulter Robert (Bob) Little was a mortgage broker in Las Vegas, Nevada in 2007 when the industry imploded during the worst recession in his memory. But it may have been a blessing in disguise. “In my five years...
by | Feb 26, 2024 | Industry News, Latest News, National, News, Premier |
As the housing market correction continues to unfold in 2024, with inflation slowing and mortgage rates leveling out, new-home sales saw continued growth in January after a bounce-back in December. New-home sales registered at a rate of 661,000 in January, 1.5% above...