by | Dec 27, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Data released Dec. 26 for October 2023 shows that 11 of the 20 major metro markets reported month-over-month home-price increases. The S&P CoreLogic Case-Shiller Index, covering all nine U.S. census divisions, reported a 4.8% annual change for the month, up from a...
by | Dec 27, 2023 | Industry News, Latest News, National, News, Premier |
Despite recent positive economic developments—lowering mortgage rates below 7% and a second consecutive rate pause from the Fed—housing affordability continues to challenge Americans in Q4 2023. ATTOM’s Home Affordability Report for Q4 2023 found that the typical...
by | Dec 21, 2023 | Industry News, Latest News, Lead Story, National, News, Premier |
Editor’s note: This story was originally published on Dec. 27, 2023. It was updated on Jan. 30, 2024, and again on Dec. 12 to reflect extensive new developments in existing litigation, and to add newly filed lawsuits. In just over a year, the saga of antitrust...
by | Dec 21, 2023 | Industry News, Latest News, National, News, Premier |
Class action lawsuits are rocking the real estate industry right now, from the earth-shattering Burnett v NAR commissions suit to Rocket Mortgage being sued for alleged telemarketing “overload.” Yet another case has been added to the docket, with Fidelity National...
by | Dec 21, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage continued its fall below 7% this week, averaging 6.67% this week, down from the previous week’s dip to 6.95%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The...
by | Dec 21, 2023 | Economy, Industry News, Latest News, National, News, Premier |
The Conference Board Leading Economic Index (LEI) for the U.S. declined by 0.5% in November to 103, following a decline of 1% in October. The LEI contracted by 3.5% over the six-month period between May and November 2023, a smaller decrease than its 4.3% contraction...