Home Sales Hit Lowest Point Since Lockdown, Cementing ‘Housing Recession’
In the face of rapidly spiking mortgage rates, existing-home sales took a significant tumble in November, falling 7.7% from the ...
Tag: MLSNewsFeed
Wells Fargo Settles With CFPB for $3.7 Billion
Once a juggernaut with a seemingly unassailable spot atop the mortgage lending industry, troubled megabank Wells Fargo agreed today to ...
Low Rates, Federal Funds Aided Minority Homebuyers During Pandemic
One under-the-radar result of the COVID-19 pandemic’s first few years, according to a panelist at the recent all-virtual National Association ...
Construction Increases and Housing Starts Fall Only Slightly, While Permits Continue to Drop
Finished construction experienced an increase in November; housing starts’ continued decrease seemed to slow, while new permits followed its past ...
Amid Price Drops, Condos Hold Up Better Than Single-Family Homes
Home prices have dropped 8.6% year-over-year, while condo prices only decreased 4.4%, according to a new report from Point2. Point2’s ...
Surprise! How a Tepid Market Can Play In Your Favor
The irony of the currently sluggish market is that REALTORSⓡ will likely spend more time getting to know new clients ...
Mortgage Rates Continued Their Downward Trajectory Last Week
The 30-year fixed-rate mortgage (FRM) continued to trend downward this past week, averaging 6.31%, down slightly from the previous week’s ...
Reflecting a Weakening Housing Market, Builder Confidence Declines Again in December
High mortgage rates, elevated construction costs running well above the inflation rate and flagging consumer demand due to deteriorating affordability ...
CRMLS CEO Talks Bright Partnership, New Platforms, Lawsuit Perspectives and Future Tech
In a wide-ranging interview with RISMedia, Art Carter, CEO of California Regional MLS (CRMLS), the nation’s largest Multiple Listing Service ...
Where Does iBuying Go From Here?
It's been an interesting month for instant buyers. From leadership shake-ups to another company bowing out of the game, there ...
Factors That Suggest a Buyer’s Market (and Ones That Don’t)
A market favorable to buyers doesn’t mean buyers will take advantage of it, or that every facet of the market is tilted heavily toward homebuyers. Read more.
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