by | Aug 22, 2023 | Brokers, Industry News, Latest News, National, News |
July marked the first month-over-month decline in home sales since April, signaling that perhaps the peak of summer buying is beginning to taper, according to RE/MAX’s latest national housing report. Growth in the inventory of homes for sale inched up alongside modest...
by Aidan Whalen | Aug 9, 2023 | Industry News, Latest News, National, News, Premier |
While housing inventory continues to be a struggle, it seems that the average size of a home and lot has also shrunk throughout the years. Yardi reports that the median size of a new single family home is sitting at around 2,299 square feet, down 4% from 2013 to...
by Aidan Whalen | Aug 9, 2023 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier |
Mortgage applications decreased for the third-straight week, down another 3.1% from last week’s 3.0% dip, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending August 4, 2023. This week’s...
by Aidan Whalen | Aug 7, 2023 | Best Practices, Industry News, Latest News, National, News, Premier |
Home prices have been a consistent thorn in the side of the housing market as of late. While amenities and designs keep advancing on homes that help to give reason to prices, size is something that is not helping the argument. Home sizes have steadily gone down since...
by Aidan Whalen | Aug 3, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Almost exactly a year ago, National Association of REALTORS® (NAR) Chief Economist Dr. Lawrence Yun first coined the term “housing recession” to describe the swift, sharp decline in real estate markets all over the country, as the Federal Reserve raised rates and...