by Jesse Williams | Jan 13, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Teams |
Elevated inflation and the concerns over how federal officials intend to address it led to a significant surge in mortgage rates across the board, according to recent reports from Freddie Mac. According to the agency’s Primary Mortgage Market Survey® (PMMS®), the...
by Jesse Williams | Jan 13, 2022 | Agents, Best Practices, Brokers, Industry News, Latest News, Marketing, National, News, Teams |
During the last 12 months, home prices skyrocketed, homes would go off the market almost as quickly as they went on, and low interest rates coupled with high consumer demand made last year a unique time in real estate. While homebuyers are still facing somewhat of an...
by Jesse Williams | Jan 13, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
Redfin is reshaping its mortgage business in 2022. The Seattle-based company announced on Jan. 11, that it has agreed to acquire Bay Equity Home Loans, a national, full-service mortgage lender, in a cash and stock transaction worth $135 million. According to a press...
by Jesse Williams | Jan 13, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
Homeownership is the largest source of wealth among families, with the median value of a primary residence worth about 10 times the median value of financial assets held by families. Housing wealth (home equity or net worth) gains are built up through price...
by Jesse Williams | Jan 12, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, Lead Story, Luxury, National, News, Premier, Teams |
With real estate professionals gearing up for another strong year, two of the industry’s leading experts dove into the most significant economic and regulatory issues on the horizon and their implications for the real estate market, during RISMedia’s Real...
by Jesse Williams | Jan 12, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
The Bureau of Labor Statistics (BLS) released its consumer price index (CPI) summary Tuesday morning showing an almost 40-year high year-over-year increase in December at 7%, with core inflation at 5.5%. After months of referring to spiraling price increases as...