by Beth McGuire | Jan 24, 2024 | Industry News, Latest News, National, News, Premier |
In 2022, 42 million households in the United States were cost-burdened, paying one-third of their income toward housing—a statistic that increased substantially due to the impacts of the COVID pandemic, rising to the highest level since 2015, according to Harvard’s...
by | Jan 23, 2024 | Brokers, Industry News, Latest News, National, News |
December 2023 exhibited a traditional end-of-year slowing in housing market activity, punctuated by many similarities to 2022, according to a new report from RE/MAX. RE/MAX’s National Housing Report for December 2023 found that homes sold were on the market an average...
by | Jan 19, 2024 | Industry News, Latest News, National, News, Premier |
Existing-home sales decreased 1% from November to a rate of 3.78 million in December, down 6.2% year-over-year, according to a new report from the National Association of REALTORS® (NAR). 2023’s total reading of 4.09 million sales is the lowest level in 30 years,...
by | Jan 19, 2024 | Consumer, Economy, Industry News, Latest News, National, News, Premier |
Consumer sentiment grew an astounding 13.1% in January, following a sharp increase in December, according to data from the University of Michigan. “Consumer sentiment soared 13% in January to reach its highest level since July 2021, showing that the sharp increase in...
by | Jan 18, 2024 | Industry News, Latest News, Luxury, Luxury Homes, National, News, Premier |
Luxury real estate—while part of the housing market—is a world of its own, fighting the tides of market challenges and managing to stay afloat. Due to this, luxury consumers remain more positive in their market than most. In fact, over one-third of surveyed luxury...