Most agents sell very few homes, if any
That’s information that came from a study by the CFA (Consumer Federation of America). Summary of the study: Key takeaways: Additional thoughts: For more about the study, go to: The….
Category: News
News in the real estate industry and markets
Dancing with the Devil
It’s only ironic that, once again, the average mortgage rate for a 30-year loan is 6.66%. Interest rates have been pretty stable in the last few weeks, despite a very….
Median Days On The Market in the US Housing Market + Prediction
According to the St. Louis Fed, the median days on the market for housing in the US was 61 days in December 2023 (MEDDAYONMARUS), which is an increase from 52 days in….
21% think it’s a good time to buy a home (only!)
Soaring housing costs could affect the presidential election, especially among young liberals priced out of the housing market. Progressives urge action on the key issue to woo back key voters…..
Market Hopes for Fed Rate Cuts
Recent market speculation has been centered around the possibility of the Federal Reserve cutting interest rates. This anticipation stems from concerns about slowing economic growth and the potential impact of….
NAR membership dwindles for the 1st time since 2012
The National Association of Realtors (NAR) (“The largest trade association in America”) is facing a potential membership crisis, with nearly 6,000 members leaving in November alone. While the overall number….
Big Banks Lobby Against Tougher Regulations, Support Crypto Crackdown
Bank CEOs on Capitol Hill: Overall Message: Big banks are pushing back against stricter regulations while advocating for stronger controls on cryptocurrency. They see a potential recession looming but remain….
The Great Decoupling
In real estate, all eyes on New York City where, starting on January 1, 2024, in arguably one of the most important residential real estate markets in the world, not….
Mortgage Rates Now
Mortgage interest rates have been down over the past week, marking the fifth straight week of rates decreasing. This decline is promising for prospective homebuyers who need to buy now….