by | Jan 27, 2025 | Industry News, Latest News, National, News, Premier |
Persistently high mortgage rates hovering near 7%, coupled with equally high home prices, have created an affordability crisis that many prospective homebuyers and homesellers are intimately familiar with. These market forces have created somewhat sticky market...
by | Jan 24, 2025 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In December, total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—rose 2.2%, up from November’s rate of 4.15 million to 4.24 million. Year-over-year, December’s sales increased 9.3%, the largest...
by | Jan 23, 2025 | Industry News, Latest News, National, News, Premier |
ATTOM Data’s Year End 2024 Home Sales Report has found that homesellers made a $122,500 profit on typical sales in 2024, a return on investment of 53.8%. Although both of these numbers soared to near record levels, the profit margin for median-priced home sales...
by | Jan 21, 2025 | Industry News, Latest News, National, News, Premier |
New data from Realtor.com® shows that rental prices continued to decline for the month of December, as the national median asking rent fell below $1,700 for the first time since April 2022. According to Realtor.com, this is a 1.1% decline year-over-year from December...
by | Jan 15, 2025 | Economy, Industry News, Latest News, National, News, Premier |
Inflation continues to rise after a seven-month decline from early in 2024, reversing the trend seen from March to September, and still falling well short of the target mark of 2% set by the Federal Reserve after seeing a 2.9% rise year-over-year. The Consumer Price...