by | Jun 27, 2024 | Agents, Brokers, Industry News, Latest News, National, News |
In the current uncertain environment, it is more important than ever that we as an industry communicate the critical role housing plays in the U.S. economy. I am probably biased, since I am a researcher, but I believe there needs to be more data-backed, evidence-based...
by | Jun 27, 2024 | Industry News, Latest News, National, News, Premier |
Pending home sales in May slipped 2.1%, according to the National Association of REALTORS® (NAR). The Midwest and South posted monthly losses in transactions, while the Northeast and West recorded gains. Year-over-year, all U.S. regions registered reductions. This...
by Beth McGuire | Jun 26, 2024 | Industry News, Latest News, National, News, Premier |
As mortgage rates remained elevated, tipping over the 7% mark last month, sales of new homes fell significantly in May, down 11.3% below the revised April rate of 698,000 and 16.5% below the same activity a year ago, according to the latest data released Wednesday by...
by | Jun 25, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
As consumers continue to see little relief from inflation—with the Consumer Price Index registering no change in May and the Fed again holding the line with no rate changes—confidence reversed course and fell slightly in June. Consumer confidence decreased from 101.3...
by | Jun 25, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
The S&P CoreLogic Case-Shiller Index, a key measure of U.S. home prices, reached a new high in April. The rate of price increases has tempered, however, compared to previous months, which could result in a market stabilization as mortgage rates continue to remain...