by Liz Ruggiero | Jul 20, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
In keeping with the challenges of low inventory and high home prices, existing-home sales fell 3.3% to a seasonally adjusted annual rate of 4.16 million in June, according to the National Association of REALTORS®’ (NAR) most recent existing-home sales report. NAR’s...
by Aidan Whalen | Jul 19, 2023 | Industry News, Latest News, National, News, Premier |
One month after the biggest surge in housing starts in the last couple years, new constructions fell sharply, disappointing analysts and blunting hopes of a long-term rally by builders. Starts fell 8% in June, after rising over 21% in May, with new permits down 3.7%...
by Aidan Whalen | Jul 19, 2023 | Industry News, Latest News, National, News, Premier |
Mortgage applications increased 1.1% from one week earlier, continuing the trend of last week’s 0.9% increase, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 14, 2023. This week’s numbers:...
by Aidan Whalen | Jul 19, 2023 | Industry News, Latest News, National, News, Premier |
Single-family annual rent growth continued to slow in May, ending the month at 3.4%, according to new data from CoreLogic. CoreLogic’s Single-Family Rent Index for May found that despite the past year’s continuously slowing rent growth, the overall rate of increase...
by Liz Ruggiero | Jul 18, 2023 | Industry News, Latest News, National, News, Premier |
Builder confidence grew again in July due to a continued demand for new homes; however, high mortgage rates are causing concern, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the seventh straight...
by Liz Ruggiero | Jul 18, 2023 | Industry News, Latest News, National, News, Premier |
A total of 185,580 U.S. properties had foreclosure filings in the first six months of 2023, up 13% from the same time period a year ago and up 185% from the same time period two years ago, according to a new report from ATTOM. ATTOM’s Midyear U.S. Foreclosure Market...