by Jesse Williams | Sep 22, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The Federal Reserve Wednesday announced another historic 75 basis point rate hike, its fourth of the year and third of that magnitude, as the central bank digs in for a fight to control inflation that has proven anything but transitory. The announcement comes as...
by Jesse Williams | Sep 21, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Existing home sales fell for the seventh straight month, but the “very mild” decrease at the end of a busy summer season is going to have some feeling relieved, as real estate professionals look anxiously ahead at the slower winter months with an eye on volatile...
by Jesse Williams | Sep 20, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Housing starts, which have been falling for most of this year, surprised many observers by rising significantly in August—though low building permit numbers are foreshadowing more rough times ahead. Up 12.2% overall, multifamily drove the increase with a 28.6%...
by Jesse Williams | Sep 1, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Adjustable-rate mortgages (ARMs), an attractive option for borrowers on account of their low initial interest rates, are becoming more popular as home prices continue to rise. The share of applications for ARMs increased to 12.6% in June, marking the first time that...
by Jesse Williams | Jul 28, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
There was a time last year when the term “transitory” was commonly used when federal officials discussed elevated inflation. That has proven somewhat of a misnomer in recent months as inflation has climbed, and officials have raced to reel things back in...