by Liz Ruggiero | Dec 19, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
The irony of the currently sluggish market is that REALTORSⓡ will likely spend more time getting to know new clients than back in the spring and early summer when historically low mortgage rates and inventory issues resulted in bidding wars for many houses and...
by Liz Ruggiero | Dec 19, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) continued to trend downward this past week, averaging 6.31%, down slightly from the previous week’s 6.33%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac that was released this past Thursday. The...
by Liz Ruggiero | Dec 19, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
High mortgage rates, elevated construction costs running well above the inflation rate and flagging consumer demand due to deteriorating affordability conditions have dragged builder sentiment down every month in 2022. Builder confidence in the market for newly built...
by Brit Owen | Dec 16, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The shake-ups keep on coming in the real estate industry. While some companies are shouldering the loss of top executives, the Corcoran Group is cutting ties with Corcoran Global Living. The Anywhere Real Estate subsidiary is ending its franchise agreement and...
by Liz Ruggiero | Dec 16, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
In a wide-ranging interview with RISMedia, Art Carter, CEO of California Regional MLS (CRMLS), the nation’s largest Multiple Listing Service (MLS), explained how a partnership with Bright MLS is positioned to transform the real estate industry, while also touching on...
by Liz Ruggiero | Dec 16, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
It’s been an interesting month for instant buyers. From leadership shake-ups to another company bowing out of the game, there has been no shortage of headlines coming out of the sector as its most prominent players have struggled to weather the cooling market...