by Jesse Williams | Aug 4, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Amid all the blaring national headlines of falling home sales and price declines, with all the anecdotes of listings that would have sold in hours last year sitting for months, against a background of increasingly likely recessionary conditions, the most important...
by Jesse Williams | Aug 4, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 4.99%, dropping below 5% for the first time since April, according to the Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday. Key findings: 30-year fixed-rate mortgage averaged 4.99% with an average...
by Jesse Williams | Aug 4, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The days of prospective buyers showing up in droves for home viewings, a phenomenon seen across the country during the pandemic, may be over. Home showings declined again year-over-year in June, according to recent data from ShowingTime’s Showing Index®, a monthly...
by Jesse Williams | Aug 4, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Elevated mortgage rates and climbing inflation have not dampened the steady rise of homeowner equity, buoyed by soaring home values due, in part, to a historic housing supply shortage. Forty-eight percent of mortgaged residential properties in the United States were...
by Jesse Williams | Aug 3, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
eXp, a brokerage that saw some of the most spectacular expansion during the pandemic as agents flocked to its mostly virtual model, saw growth slow in a much more challenging real estate market in the first half of 2022, announcing a cash dividend and stock buyback as...
by Jesse Williams | Aug 3, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After four weeks of steady declines, mortgage applications increased 1.2% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending July 29, 2022. Here is the weekly breakdown of...