by Liz Ruggiero | Jun 22, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The ebb and flow of the real estate market offers many truths that seasoned agents and brokers have come to know well. One of those constants is that change is inevitable, especially when market conditions fluctuate as they have the past year. As such, the players...
by Liz Ruggiero | Jun 22, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The National Association of REALTORS®’ (NAR) most recent existing-home sales report shows that existing-home sales rose 0.2% in April, reaching a seasonally adjusted rate of 4.3 million. Tracking national sales for the month of May 2023, the data shows a slight bump...
by Liz Ruggiero | Jun 22, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.67% this week, another decline from last week’s dip to 6.69%. This is the third consecutive week of rates declining, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday....
by Liz Ruggiero | Jun 22, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The Leading Economic Index (LEI) fell by 0.7% in May to 106.7, continuing the recent trend of decline from April (-0.6%), according to the latest release from The Conference Board. This reading marks 15 months of consecutives declines. February’s LEI was down 4.3%...
by Liz Ruggiero | Jun 21, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications continued their second straight week of increases, rising slightly at 0.5% from the previous week’s 7.2% increase, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending June...
by Beth McGuire | Jun 21, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
National Association of REALTORS® Chief Executive Officer Bob Goldberg will retire when his current contract expires, effective December 31, 2024. Goldberg will close his career after serving 30 years at NAR and more than four decades in U.S. real estate. “My time at...