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...
by | Feb 1, 2024 | Industry News, Latest News, National, News, Premier |
In December 2023, the U.S. median rent price decreased across all 0-2 bedroom properties, and rent was slightly lower than its 2022 peak—according to a year-end report from Realtor.com. As indicated in the report, median rent saw a year-over-year decline for the...
by | Jan 31, 2024 | Industry News, Latest News, National, News, Premier |
At 21% of the current U.S. population, older Gen Zers (ages 18-27) are making their way into the world. With inflation slowing and the housing market seeing a correction, this generation is about ready to take their first steps into homebuying. However, despite better...
by Beth McGuire | Jan 31, 2024 | Industry News, Latest News, National, News, Premier |
The U.S. Supreme Court will hear oral arguments on Feb. 27 to decide whether a New York state law that requires mortgage lenders to pay homeowners interest earned on mortgage escrow accounts should be enforced. That’s according to Supreme Court docket files and...
by Beth McGuire | Jan 31, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Mortgage industry analysts have been watching and waiting to see what the Federal Reserve will do—or say—next about rate cuts. They’re hedging their bets that the Fed will cut rates this year and, as an indirect result, mortgage rates will fall, too, and help revive...