by Aidan Whalen | Jul 21, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
RE/MAX has posted its National Housing Report for June 2023. The report—with new installments released monthly—tracks national changes in the housing market, based on collected MLS data from 52 metropolitan areas. Key details: Months’ Supply of Inventory (an...
by Liz Ruggiero | Jul 20, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
In keeping with the challenges of low inventory and high home prices, existing-home sales fell 3.3% to a seasonally adjusted annual rate of 4.16 million in June, according to the National Association of REALTORS®’ (NAR) most recent existing-home sales report. NAR’s...
by Aidan Whalen | Jul 19, 2023 | Industry News, Latest News, National, News, Premier |
One month after the biggest surge in housing starts in the last couple years, new constructions fell sharply, disappointing analysts and blunting hopes of a long-term rally by builders. Starts fell 8% in June, after rising over 21% in May, with new permits down 3.7%...
by Liz Ruggiero | Jul 18, 2023 | Industry News, Latest News, National, News, Premier |
Builder confidence grew again in July due to a continued demand for new homes; however, high mortgage rates are causing concern, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the seventh straight...
by Liz Ruggiero | Jul 18, 2023 | Industry News, Latest News, National, News, Premier |
A total of 185,580 U.S. properties had foreclosure filings in the first six months of 2023, up 13% from the same time period a year ago and up 185% from the same time period two years ago, according to a new report from ATTOM. ATTOM’s Midyear U.S. Foreclosure Market...