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 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...
by Aidan Whalen | Jun 7, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
As of 2022, adult Gen Zers (ages 18-25) account for 14.91% of potential homebuyers across the nation’s 50 largest metros, and this metric is only expected to grow in the coming years. As Gen Z’s homeownership grows, where is the demographic looking at buying?...
by Liz Ruggiero | Jun 6, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
Since October 2022, the share of buyers purchasing their home without a mortgage has consistently been more than one-quarter of the market. The share is collected monthly in the REALTORS® Confidence Index and includes buyers who purchased primary homes, investors and...
by Liz Ruggiero | Jun 6, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
In Q1 2023, 1.25 million mortgages secured by residential properties (1 to 4 units) were originated, down 19% from Q4 2022 and the eighth quarterly decrease in a row, according to a new report from ATTOM. ATTOM’s Residential Property Mortgage Origination Report for Q1...