The real estate brokerage The Agency has expanded its Central American presence with the opening of its first office in Belize. The Agency Belize will be led by Managing Partners Dean Astren and Kim Astren. The new office expands the brand’s regional presence...
The first meeting of the Federal Reserve’s policy making Federal Open Market Committee (FOMC) under the chairmanship of Kevin Warsh concluded with keeping rates unchanged in a 12-0 vote. As a result, the target range for the federal funds rate remains at 3.5% to...
California recorded 268,810 home sales in May, a 5.1% year-over-year surge for the strongest annual gain in eight months, according to data collected by the California Association of Realtors (CAR). On a month-over-month basis, home sales dipped 3.1% from...
Home sales during May were up for the fourth consecutive month in May with a 7.9% increase from April. However, the latest REMAX National Housing Report also noted that sales dipped 0.5% from one year earlier. Across the 51 metro areas surveyed for the report, overall...
The share of homebuyers backing out of contracts during May totaled 13.6% of the month’s home sale, according to new data from Redfin. That share was unchanged from April on a seasonally adjusted basis and is also marked the fourth consecutive month that contract...