by | Dec 1, 2023 | Industry News, Latest News, National, News, Premier |
According to research by realtor.com®, down payments on homes in the U.S. reached a new peak in Q3 2023. The average down payment is 14.7%, and the median down payment amount is $30,000. As the report notes, down payments have increased alongside high mortgage rates...
by | Dec 1, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
On December 1, a Washington, D.C., federal appeals court heard oral arguments from lawyers from the Department of Justice (DOJ) and the National Association of REALTORS® (NAR) regarding a shuttered antitrust investigation ahead of a decision that could potentially...
by | Dec 1, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
If there’s one thing Burnett vs. the National Association of REALTORS® (NAR) proved over and above the verdict, it’s that federal class action lawsuits move at a glacial pace, taking years and years to go from the original filing of a case to the appeals conclusion....
by | Nov 30, 2023 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
The Personal Consumption Expenditures (PCE) index, maintained by the Bureau of Economic Analysis (BEA), tracks prices, consumer spending and fluctuations in them month to month. It is also the Federal Reserve’s preferred measure of inflation. If you want a sense of...
by | Nov 30, 2023 | Agents, Best Practices, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Above: CoStar Founder and CEO Andy Florance. Photo by AJ Canaria. The glass booth, transparent except for looping letters spelling out “Homes.com,” sits at the back of what can best be described as a small settlement. Spread across several thousand square feet of the...
by | Nov 30, 2023 | Industry News, Latest News, National, News, Premier |
Pending home sales dropped 1.5% in October, according to a Nov. 30 report issued by the National Association of REALTORS® (NAR). The Northeast posted a monthly gain in transactions while the Midwest, South and West all recorded losses. All four U.S. regions noted...