by Jesse Williams | Aug 18, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Non-profit economic think tank The Conference Board saw its Leading Economic Index (LEI) fall for the fifth month in July as recession risks remain a clear danger to the country heading into the fall. The LEI, which relies on a broad swath of big-picture macroeconomic...
by Jesse Williams | Aug 18, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) changed course again this week, averaging 5.13%, down from 5.22%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac today. Key highlights: 30-year fixed-rate mortgage averaged 5.13% with an...
by Jesse Williams | Aug 18, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After two weeks of increases, mortgage applications changed course this week, decreasing 2.3% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending August 12, 2022. Key...
by Jesse Williams | Aug 17, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
After two years of fierce jockeying for a low supply of middle- and high-priced homes during the pandemic, competition is now the strongest for a tightening supply of lower-priced homes, according to a new Zillow analysis. Throughout the majority of the pandemic, the...
by Jesse Williams | Aug 17, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After months of accelerated growth, the cost of U.S. rents has started to tap on the brakes, according to a new report released by CoreLogic©. In its latest Single-Family Rent Index (SFRI), the organization found that single-family rent prices climbed 13.4%...
by Jesse Williams | Aug 17, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The strong pandemic seller’s market caused homebuyers to act fast, pay more and cede ground on their biggest priorities, resulting in regret and disappointment, according to a recent Clever Real Estate survey of 1,001 people who purchased a home in 2021 and 2022....