by Aidan Whalen | Jun 23, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
Forbes Global Properties announced it has welcomed luxury specialist RI Properties to its prestigious ranks. The firm will exclusively represent the brand in Monaco, the opulent principality on the famed French Riviera. RI Properties was founded by Johanna Rit and...
by Liz Ruggiero | Jun 22, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
After turbulence in the banking sector and an overall shaky first half of 2023 characterized by high mortgage rates and low inventory, realtor.com® is significantly downgrading its forecasts for the housing market in 2023, predicting that sales will fall to the lowest...
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%...