by Liz Ruggiero | Jun 27, 2023 | Industry News, Latest News, Lead Story, National, News, Premier |
The cooling effect of elevated mortgage rates and affordability challenges on home prices has held firm in recent months, as new reports show that the price tags for homes in the U.S. have seen their first annual decline in over a decade. According to the latest...
by Liz Ruggiero | Jun 27, 2023 | Industry News, Latest News, National, News, Premier |
Adding to a slew of recent positive news around housing, the latest data shows new-home sales rising significantly in May, up a blistering 12.2% from the previous month and 20% year-over-year, as a steady real estate rebound continues to defy recession predictions....
by Aidan Whalen | Jun 23, 2023 | Agents, Brokers, Consumer, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Cost burdens and affordability have become two of the most acute, most urgent issues to emerge from the last three turbulent years in the housing sector, according to Harvard’s Joint Center for Housing Studies (JCHS), which released its “State of the Nation’s...
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 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...