by Liz Ruggiero | Aug 10, 2023 | Agents, Best Practices, Consumer, Industry News, Latest News, News, Premier |
One of the true joys for most REALTORSⓡ is working with house-hunting newbies. They’re usually wide-eyed and excited as they get closer to the American Dream of homeownership. They’ve worked hard, saved their money, decided where they’d like to live and chosen you to...
by Liz Ruggiero | Aug 10, 2023 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier |
In what has been a challenging year for most residential real estate companies, with tight inventory and higher-than-hoped-for mortgage rates, it’s become common that quarterly earnings reports don’t highlight financial gains so much as they extol limited losses. So...
by Liz Ruggiero | Aug 10, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
For the first time in almost a year, the Consumer Price Index (CPI) tracked a month-to-month increase in headline inflation, which could confound hopes that the Federal Reserve will end or even reverse its campaign of interest rate hikes as the central bank continues...
by Liz Ruggiero | Aug 10, 2023 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier |
Seeing a third-straight week of mortgage rate hikes, the 30-year fixed-rate mortgage (FRM) averaged 6.96% this week, up from last week’s increase to 6.90%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s...
by Aidan Whalen | Aug 9, 2023 | Best Practices, Consumer, Industry News, Latest News, Lead Story, National, News, Premier |
Immigrants will soon be the primary driver of new housing demand. That is not news—demographers have long predicted that the country is on track to see foreign-born households outstrip all other types of homebuyers by 2040, less than two decades from now. With more...
by Aidan Whalen | Aug 9, 2023 | Industry News, Latest News, National, News, Premier |
While housing inventory continues to be a struggle, it seems that the average size of a home and lot has also shrunk throughout the years. Yardi reports that the median size of a new single family home is sitting at around 2,299 square feet, down 4% from 2013 to...