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Average Mortgage Rates Fall to Lowest Level in Two Years
While mortgage rates barely registered a dip this week, it was enough for economists to report they’ve reached their lowest point in two years, helping to keep refinance activity buzzing along in recent weeks as well. According to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, the average 30-year fixed-rate mortgage (FRM) dipped…
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Report: How Homebuyers, Sellers and Agents Are Adjusting to Commission Changes
With predictions about the impact of the National Association of REALTORS®’ (NAR) Burnett settlement all over the map, ranging from higher costs for first-time buyers and job losses among REALTORS® to more transparency in transactions and lower overall commission costs and home prices in the long run, Clever Real Estate surveyed homeowners, those who plan…
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Consumer goods mogul buys Miami parcels for $100M
Pending Home Sales Up 0.6% in August; Only Northeast Down in Transactions
Pending home sales in August rose 0.6%, following a 5.5% drop-off in July, according to the National Association of REALTORS® (NAR). The Midwest, South and West posted monthly gains in transactions, while the Northeast recorded a loss. Year-over-year, the West registered growth, but the Northeast, Midwest and South declined. Year-over-year, pending transactions were down 3%.…
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Pending home sales rise modestly in August as mortgage rates dip
Own your success in real estate’s next chapter
Why Cord Shiflet avoids calling himself a Realtor ‘like the plague’
Parties in Mega-Buyer Suits Reveal ‘Ongoing’ Settlement Discussion
In a new filing yesterday, plaintiffs and defendants in the looming mega-buyer commission lawsuits previewed some of the disputes and potential paths forward—including damages, settlement disputes and ongoing appeals—that could put the industry back in the throes of legal uncertainty, even as seller-filed litigation has largely been resolved by settlements. The buyer lawsuits, mostly filed…
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Buyer Turnoffs: How to Make Sure Seller-Client Homes Are as Appealing as Possible
Homeownership: The American Dream. Those buyers who make it happen for themselves and their families know there is very little that will top that feeling of accomplishment. Owning your own home almost always means building financial security. It also means there are very few rules for what you want to do with your property, inside…
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