by | Jan 19, 2024 | Industry News, Latest News, National, News, Premier |
With headwinds like low inventory, elevated mortgage rates and still-increasing home prices, it’s been a difficult time for many Americans to become homeowners. Adding to that struggle has been another inhibitor—institutional buyers. These types of buyers, such as...
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 18, 2024 | Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) decreased slightly this week, from last week’s average of 6.66% to an average of 6.6% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year...
by | Jan 11, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
First-time homebuyers are optimistic when it comes to buying a home in 2024, with 61% indicating that now is a good time to buy, according to a recent realtor.com® survey. And when it comes to investing in their first home, they may find the best luck in some...
by | Jan 9, 2024 | Industry News, Latest News, National, News, Premier |
Home inventory, both new and active, appears to be stabilizing, giving positive signs for the housing market in 2024, according to a new report from Realtor.com. Realtor.com’s Monthly Housing Trends Report for December found that while homebuyers typically avoid big...