Existing-Home Sales Surged in February
Existing-home sales surged last month, up 9.5% in February, reaching a seasonally adjusted rate of 4.38 million—the largest monthly increase...
Premier
Attorneys Say Legal Battles Will Continue as Companies Face Tough Choices
“This is not the end. It is not even the beginning of the end—but it is, perhaps, the end of...
Mortgage Rates Tick Up, Nearing 7%
After two consecutive weeks of declines, mortgage rates are back on the rise this week, up to 6.87% from last...
Residential Construction Helps Drive First Leading Economic Indicators Upswing in Two Years
The Leading Economic Index (LEI) increased by 0.1% in February to 102.8, marking the first time in two years the business-cycle...
Fed Holds Rates Steady But Indicates Three Rate Cuts in 2024. Here’s What That Could Mean for Housing
The Fed left rates unchanged Wednesday but it did indicate it will cut rates three times before the end of...
Cory Vasquez Promoted to Co-President of Realty ONE Group Ahead of Vinnie Tracey’s Retirement
Above, Cory Vasquez, left, and Vinnie Tracey Realty ONE Group International announced several high-level promotions Monday, including the promotion of...
What the Industry is Feeling and Saying About the NAR Settlement
The real estate industry has been abuzz since NAR’s announcement of their settlement in their ongoing commission lawsuits last Friday....
Mortgage Applications Decrease This Week
Following a rise in mortgage rates last week, mortgage applications decreased 1.6% from after last week’s 7.1% increase, according to...
Biden Incorrectly Says NAR Sets Commissions, Banned Negotiations
The lack of understanding around how real estate transactions work—and misunderstandings and misinformation regarding the recent National Association of REALTORS®’...
The 87 Brokerages Not Included in NAR’s Lawsuit Settlement
The National Association of REALTORS® (NAR), in choosing to settle commission lawsuits filed by sellers that have dogged the industry...
Protect Your Cash Flow
By deducting pre-commission expenses from payouts, brokers avoid having to chase reimbursement or carry the cost indefinitely, keeping the cash flow stable. Safeguard your funds.
Business Tip of the Day provided by
