Home-Selling Profits Dropped in 2023 for the First Time Since the Great Recession
During 2023, national homesellers made a $121,000 profit on the typical sale, leading to a 56.5% return on investment, according...
Premier
COURT REPORT: NAR, Big Brokerages Split on Consolidation; REBNY Suit Dropped
Just as the litigious real estate landscape seemed to be settling down, the ground has shifted again, with a surprise...
New-Home Loan Applications Jumped; Housing Starts Have Solid Showing in December
New construction is having its time in the sun. Applications for new-home purchases jumped 22.2% in December 2023 compared to...
Mortgage Mix: loanDepot’s 16.6 Million Cyber Attack Update—We’re Making Progress
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon....
Inflation Numbers Show Progress; Lower Mortgage Rates Possible Soon
The personal consumer expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, increased 0.2% in December, according to...
Pending Home Sales See Biggest Increase Since 2020
Pending home sales rose 8.3% in December, the largest jump seen since June 2020’s 14.9% increase, according to the latest...
5 States That Incentivize People to Relocate There
You might think that the five states people are moving away from the most would be the ones trying the...
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.6% to an average of 6.69%...
3 Things To Tell Clients Who Are Worried About Mortgages
Mortgage rates never fell below 6% in 2023 and you probably didn’t even have to follow the news to notice;...
Buffini & Company Launches Do It N.O.W. Marketing Campaign
Buffini & Company has unveiled its groundbreaking “Do It N.O.W.” marketing campaign. Do It N.O.W. is an initiative that aims...
Condo or House? Helping Clients Decide Which Makes More Sense
With home prices still elevated in much of the country, condos have become more realistic for buyers determined to exit the rental train. Read more.
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