by Beth McGuire | Aug 30, 2024 | Industry News, Latest News, National, News, Premier |
After five consecutive months of declines, consumer sentiment reversed course this month, rising alongside some positive economic signs of lowered inflation and an all-but-guaranteed rate cut by the Fed in September. According to the University of Michigan’s latest...
by | Aug 29, 2024 | Industry News, Latest News, National, News, Premier |
The National Association of REALTORS®’ (NAR) latest report on pending home sales found a 5.5% drop-off in July 2024. Compared to July 2023, the decline is even steeper at 8.5%. In June, pending sales reversed a three-month decline and rose 4.8%. July also saw the...
by | Aug 27, 2024 | Agents, Brokers, Consumer, Economy, Industry News, National, News, Premier |
The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, rose in August to 103.3, from an upwardly revised 101.9 in July, while the Present Situation Index—based on...
by | Aug 27, 2024 | Industry News, Latest News, Lead Story, National, News, Premier |
Home prices again appreciated year-over-year, although the rate continues to slow monthly, pointing again toward a normalization of the market through the coming months and in 2025. The S&P CoreLogic Case-Shiller Home Price Index for June 2024 saw a 5.4% annual...
by | Aug 26, 2024 | Industry News, Latest News, National, News, Premier |
New-home sales, which have been up and down this year after experiencing historic surges post-pandemic, saw another major jump in July, according to the U.S. Census Bureau, rising a blistering 10.6% from the previous month and 5.6% from a year ago as buyers flocked to...