New Home Sales Down 10.5% as Markets Waver on Affordability
The latest numbers, released jointly by the U.S Census Bureau and Housing and Urban Development, show sales of new single-family...
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Mortgage Applications Continue to Fall Through Winter
Mortgage applications continued their fall for the second consecutive week, as mortgage rates remain elevated, hovering just under 7%. According...
Offerpad Seeks to Expand Its Buy Box as Earnings Take a Hit
Real estate technology firm and iBuyer Offerpad hosted its Q4 earnings call on Monday, Feb. 24– and CEO Brian Bair...
Consumer Confidence Falls Sharply, Dives Below Recession Indicator
Consumer confidence took a nose dive in February, according to the monthly survey conducted by non-profit The Conference Board, below...
What Markets Have Seen Price Spikes Over the Last Year?
Home prices across the U.S. have been elevated since 2020, and this challenge persists as we now move into five...
Michigan Brokers, Agents Respond to NAR, Local Associations’ in MLS Access Case
In response to the National Association of REALTORS®’ (NAR) motion to dismiss the antitrust and conspiracy lawsuit first filed in...
Home-Price Growth Continues to Slow Through Winter Months
Home prices remain elevated, continuing to create affordability challenges across the market for buyers and sellers alike. However, the rate...
Judge Denies Arbitration Requests From Raveis, Berkshire Conglomerate
A federal judge has denied an attempt by William Raveis and Berkshire Hathaway Energy (BHE), the parent company of HomeServices...
Black First-Time Homebuyers on the Rise, According to Zillow
A new report from Zillow shows that homeownership is on the rise for Black households. Sixty-two percent of Black homebuyers...
COURT REPORT: NAR and Phoenix REALTORS® Reach Agreement
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around...
5 Key Reasons FSBOs Regret Not Using a Real Estate Agent
Some homeowners think selling their properties with no agent will save gobs of money on commissions. Almost always they come to regret it, settling on a price that could have been better, not to mention spending way more time on the process than they envisioned Read more.
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