More Inflation Data Supports Rate Cuts, but ‘Alarm Bells’ Over Timing
The Federal Reserve’s preferred measure of inflation showed an annual gain of 2.5% in July, within striking distance of the ...
Tag: Existing-Home Sales
Median-Price Existing Homes Less Affordable Than New Homes in Q2
The National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in Q2 2024, a family ...
Existing-Home Sales Up for the First Time in Months
Sales of existing housing inventory in the U.S. reversed course in July, posting an increase after four months of decline. ...
Home Prices Jump Again, Setting Record High for Second Straight Month
Existing-home sales were down again in June as the median sales price climbed to the highest price ever recorded for ...
Harvard Report Shines Light on Affordability Crisis and ‘Alarming’ Rates of Housing Cost Burden
The Joint Center for Housing Studies (JCHS) of Harvard University recently released its annual “State of the Nation’s Housing,” and ...
Home Prices Hit Record High
Existing-home sales slightly declined in May as the median sales price climbed to a record high, according to the National ...
Brokers Strongly Favor Raising Standards for Real Estate Licenses
Between the critics who have promulgated accusations of real estate price-fixing and conspiracy, and the brokers who have long championed ...
Spring Sales Down, But Million-Dollar Listings Boom
Existing-home sales receded in April, according to the National Association of REALTORS® (NAR) latest report, released May 22. All four ...
NAR Chief Economist Predicts Falling Long-Term Interest Rates, Rising Existing-Home Sales in 2024
The National Association of REALTORS®’ Chief Economist Lawrence Yun forecasted that interest rates will fall in the long term, 2024 ...
Brokers See Inventory, Demand Surge as Sentiment Defies Looming NAR Changes
RISMedia’s latest Broker Confidence Index (BCI) is offering a potentially very positive preview of 2024’s spring and summer market, with ...
3 Business Moves Agents Should Make Before Summer
As the market heads into the summer season, the groundwork you lay now can determine whether the coming months are productive. Agents can use this time to reconnect with clients and position themselves for more listings. Here are three smart business strategies to make before summer arrives. Read more.
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