by Jesse Williams | Jun 24, 2022 | Agents, Brokers, Latest News, Lead Story, National, News, Premier, Teams |
Historic. Unprecedented. Crisis. Inflection point. These descriptors have been used so often in reference to the last couple years of real estate that they have lost much of their meaning. That does not mean, however, it is inaccurate to view the current market with...
by Jesse Williams | Jun 24, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams |
Sales of new single-family homes unexpectely rose sharply in May, after four consecutive months of declines. According to a joint report from the U.S. Census Bureau and Department of Housing and Urban Development (HUD), the seasonally adjusted sales rate was 696,000,...
by Jesse Williams | Jun 23, 2022 | Agents, Brokers, Latest News, Lead Story, Luxury, National, News, Premier, Teams |
The lull in available homes for sale continued to be the crux of many of the challenges plaguing buyers and real estate professionals alike. Despite gradual growth in the housing stock, agents and brokers argue that it’s not enough to account for the deficit...
by Jesse Williams | Jun 23, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams |
They’re still going up. The 30-year fixed-rate mortgage (FRM) averaged 5.81% this week, up from 5.78% last week, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. Key points: 30-year fixed-rate mortgage averaged 5.81%...
by Jesse Williams | Jun 23, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams |
Despite rising mortgage rates, mortgage applications increased 4.2% from one week earlier, according to the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 17, 2022. Here are the key points from...
by Jesse Williams | Jun 23, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams |
The median rental price hit its latest new high of $1,849 per month in May, representing a 26.6% increase since 2019 before the pandemic began, according to the latest realtor.com® Monthly Rental Report, released this week. While May marked the 10th straight month of...