by | May 4, 2022 | Brokers, Industry News, Latest News, National, News, Premier |
With little surprise, the Federal Reserve announced a larger rate hike Wednesday following their two-day meeting this week, accelerating the central bank’s efforts to curb rampant inflation and pull back from pandemic relief efforts. The 50-basis point increase is the...
by Jesse Williams | May 4, 2022 | Agents, Best Practices, Brokers, Consumer, Latest News, Lead Story, Marketing, National, News, Premier, Teams |
At a macro level, 2022 has been a year of ups and downs for the U.S. economy. Supply chain issues are still prevalent. Inflation continues to rise, although some experts suggest it may have peaked. Thirty-year mortgage rates topped a 5% average. Loan applications have...
by Jesse Williams | May 4, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams, Technology |
Virtually-focused brokerage giant eXp, which has seen significant growth and attention over the course of the pandemic, started off 2022 strong with strong growth in both agents and revenue, bringing in $1 billion during the first quarter and seeing its agent count...
by Jesse Williams | May 4, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams |
Real estate giant Redfin last Friday settled a significant fair housing lawsuit brought by almost a dozen advocacy organizations, paying $4 million and agreeing to change its practices around how it sets minimum price points in communities, which allegedly...
by Jesse Williams | May 4, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams |
After an eight-week downward trend, mortgage applications increased 2.5% from one week earlier, according to the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 29, 2022. Key findings: The Market...
by Jesse Williams | May 3, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The first quarter of 2022 saw more markets reach double-digit annual price gains than the previous quarter, according to the National Association of REALTORS®’ latest quarterly report. Seventy percent of 185 measured metros experienced such price gains, up from 66% in...