by | Jan 29, 2024 | Industry News, Latest News, National, News, Premier |
During 2023, national homesellers made a $121,000 profit on the typical sale, leading to a 56.5% return on investment, according to ATTOM’s Year-End 2023 U.S. Home Sales Report. Gross and profit margins were stagnant—still near record levels—but decreased from 2022,...
by | Jan 29, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Just as the litigious real estate landscape seemed to be settling down, the ground has shifted again, with a surprise settlement in one especially dangerous and advanced case, and the sudden dismissal of another. Simultaneously, after months of new cases piling up,...
by | Jan 26, 2024 | Industry News, Latest News, National, News, Premier |
New construction is having its time in the sun. Applications for new-home purchases jumped 22.2% in December 2023 compared to a year ago, according to data from the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) released this past Thursday. This...
by Beth McGuire | Jan 26, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. loanDepot provided an update this week on the cybersecurity attack that forced the company to shut down some of its...
by | Jan 26, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
The personal consumer expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, increased 0.2% in December, according to estimates released Jan. 26 by the Bureau of Economic Analysis (BEA). Excluding food and energy, the PCE price index...
by | Jan 26, 2024 | Industry News, Latest News, National, News, Premier |
Pending home sales rose 8.3% in December, the largest jump seen since June 2020’s 14.9% increase, according to the latest data from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI) for December registered at 77.3, reflecting a...