by Liz Ruggiero | Jun 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
There just aren’t enough homes—and the homes that are available are becoming increasingly unaffordable. That has been the refrain from consumers, advocates and real estate professionals at least since the pandemic, and in many regions, going back years earlier. Now,...
by Liz Ruggiero | Jun 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After three weeks of hikes, mortgage rates did an about-face this week. According to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac, the 30-year fixed-rate mortgage (FRM) averaged 6.71% this week, down from 6.79% the previous week. This week’s...
by Liz Ruggiero | Jun 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Despite the fluctuating housing market this past year, confidence levels remain high with 44% of potential homebuyers, up 12% from the previous year, indicating they are confident they’ll be financially ready to purchase in the coming year, according to a new report...
by Beth McGuire | Jun 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
New research by industry tech strategist Mike DelPrete released this week reported that United Real Estate (United) pays its agents 96% of total gross commission earned—more than any other national residential brokerage. According to the company, the residential...
by Paige Brown | Jun 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
Above: Sonny Downey, left, and Raymond Rivera Raymond Rivera CEO Sonny Downey President United Real Estate | Gallery Jacksonville, Florida https://www.UnitedRealEstateGallery.com Region served: Greater Jacksonville and Northeast Florida Years in real estate: Ray: 18;...
by Aidan Whalen | Jun 7, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
A late run-up in mortgage rates and an ugly standoff in Washington D.C. appear to have spooked the real estate industry as RISMedia’s Broker Confidence Index (BCI) skidded in May, falling to its lowest reading of the year. As mortgage rates simultaneously reached a...