by Beth McGuire | Mar 9, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
When a real estate professional with more than four decades of experience talks, people best listen. Richard Haggerty has seen buying and selling cycles reach highs and lows many times, and he’s optimistic for 2023. Haggerty, a longtime CEO of New York’s Hudson...
by Jesse Williams | Mar 9, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
A hawkish Jerome Powell, testifying before Congress this week, made it clear that he is worried about recent economic indicators and is preparing to raise rates faster—and likely further—than previously anticipated. Facing scrutiny from both sides of the political...
by Jesse Williams | Mar 9, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.73% this week, its fifth-straight week of increases and edging upwards of 7%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate...
by Jesse Williams | Mar 8, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
After a tumultuous period that saw real estate markets begin pulling back from historic heights almost exactly a year ago, brokers appear to be in “wait and see” mode ahead of an uncertain spring season, with RISMedia’s Broker Confidence Index (BCI) holding...
by Jesse Williams | Mar 8, 2023 | Agents, Brokers, Industry News, Latest News, Premier, Teams |
The market is missing up to 6.5 million new single-family homes, the result of more than a decade of underbuilding relative to population growth, according to a new report from Realtorl.com Realtor.com’s latest report analyzing the housing supply gap found that...
by Jesse Williams | Mar 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After four straight weeks of declines, mortgage applications increased 7.4% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA), for the week ending March 3, 2023. This week’s numbers: The...