by Jesse Williams | Jun 17, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
It’s only natural that young people move more frequently. It takes time to decide where you want to settle down long term. According to a recent study from Fortune, 25.3% of Gen Z and 26.7% of millennials moved or planned to move during the pandemic, compared to 12.6%...
by Jesse Williams | Jun 17, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The level of commercial/multifamily mortgage debt outstanding increased by $74.2 billion (1.8%) in the first quarter of 2022, according to the latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report from the Mortgage Bankers Association (MBA). Here...
by Jesse Williams | Jun 17, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
More than 50% of homes sold in the top 50 metro areas sold for more than initial list price for the second consecutive month, according to new data from OJO Labs released this week. It’s also the second time half of all homes were sold above list price since the...
by Jesse Williams | Jun 16, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
“Comparing anything to 2020 or 2021, it doesn’t make any sense.” That is the conundrum—summed up frankly by Anne Marie DeCatsye, CEO of the Canopy REALTOR® Association in Charlotte, North Carolina—for anyone trying to parse out the current real estate market. As...
by Jesse Williams | Jun 16, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage rates continued their upward trajectory this week, with the 30-year fixed-rate mortgage (FRM) surging from 5.23% last week to 5.78% this week, according the latest Primary Mortgage Market Survey (PMMS), released by Freddie Mac Thursday. Key findings: 30-year...
by Jesse Williams | Jun 16, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Housing starts fell 14.4% year-over-year in May to a seasonally adjusted annual rate of 1.55 million, according to the latest data from the National Association of Home Builders (NAHB), as significant economic uncertainty and rising mortgage rates press down on both...