by Jesse Williams | Mar 23, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Sales of new homes decreased unexpectedly last month amid rising mortgage rates and home prices, according to new data release today from the Commerce Department. According to February data, new home sales decreased 2% to an annually adjusted rate of 772,000. This is...
by Jesse Williams | Mar 23, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications are still on a downward trend this week, according to the latest data from the Mortgage Bankers Association (MBA), released Wednesday. MBA’s Weekly Mortgage Applications Survey showed a decrease of 8.1% from the week earlier. On an unadjusted...
by Jesse Williams | Mar 23, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, News, Premier, Teams, Technology |
Whether you’re new to the vacation home market or you have already carved that niche in your area, this real estate sector is booming, especially since the onset of COVID-19. In 2021, sales of vacation homes surged throughout the pandemic, and according to NAR’s 2021...
by Jesse Williams | Mar 23, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The total number of loans now in forbearance decreased by 12 basis points, from 1.3% of servicers’ portfolio volume in the prior month to 1.18%, according to the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey, released last week. MBA estimates...
by Jesse Williams | Mar 23, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
A call to increase domestic production of timber from federal lands and to work with Canada on a new softwood lumber agreement that will eliminate tariffs was the ask last week by the National Association of Home Builders (NAHB) during a virtual White House listening...
by Jesse Williams | Mar 22, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
Home values soared last year by an average of 17% and are continuing to rise this year. However, not all markets are created equally. A recent report by SmartAsset, shows that growth has not been consistent across the U.S. By looking at 400 metropolitan areas across...