Borrowers Opting for ARMs Are Wealthier Than Before
Adjustable-rate mortgages (ARMs), an attractive option for borrowers on account of their low initial interest rates, are becoming more popular...
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Mortgage Rates Continue to Move Up
The 30-year fixed-rate mortgage (FRM) rose again this week, averaging 5.66%, up from last week’s 5.55%, according to the latest...
Compass Shows CTO the Door Amid Tech Department ‘Restructuring’
Compass said it would be making some cutbacks, and the New York-based brokerage firm is making good on that promise...
Buyers Are Reclaiming Some Bargaining Power: Report
After several years of a robust seller’s market throughout the pandemic, buyers are now regaining some bargaining power, according to...
Mortgage Applications Decrease for Third Straight Week
Mortgage applications decreased again this week 3.7% from last week’s 1.2% drop, according to the latest Weekly Mortgage Applications Survey...
2 in 3 Young Adults Who Moved Home During the Pandemic Still Live There
Amidst a wave of uncertainty during the onset of the pandemic, millions of young adults across the U.S. moved back...
SOCIAL SKILLS: 4 Reasons You Should Be Using Twitter for your Real Estate Business
The vast majority of real estate professionals, 90%, report that Facebook is their social media platform of choice, according to...
Regional Spotlight: In the Pacific Northwest, a Seller’s Market Slows Down
In most parts of the United States, inventory is too low to keep up with demand. In the Pacific Northwest,...
Study Finds MLS Advantage Persisted Through Pandemic
Listing on an MLS has long been viewed as the best scenario for a home sale. The functioning of the...
More Overvalued Metros Hit Price Downslope
Adding to some other preliminary data and expert insights, researchers at Florida Atlantic University (FAU) and Florida International University (FIU)...
3 Questions Every Agent Should Ask Hesitant Buyers
In today’s market, agents who move deals forward aren’t the most aggressive; they’re the most curious. The right questions don’t pressure buyers into action; they help buyers articulate what’s holding them back. Read more.
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