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More Americans Choose Real Estate as the Best Investment Than Ever Before

More Americans Choose Real Estate as the Best Investment Than Ever Before

by Third Party | Jun 13, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Keeping Current Matters —  Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more...
Bad Inflation Reports Raise Odds of Surprise 0.75-Percentage-Point Rate Rise This Week

Bad Inflation Reports Raise Odds of Surprise 0.75-Percentage-Point Rate Rise This Week

by Third Party | Jun 13, 2022 | Current News & Events, Industry Updates, Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: The Wall Street Journal —  A string of troubling inflation reports in recent days is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected 0.75-percentage-point interest rate increase at their meeting this...
Homebuyer Budgets Flatten, Posting Slowest Annual Growth Rate in Nearly Two Years

Homebuyer Budgets Flatten, Posting Slowest Annual Growth Rate in Nearly Two Years

by Third Party | Jun 13, 2022 | Current News & Events, Industry Updates, Real Estate News

Source: Redfin —  Homebuyer budgets are essentially flat from last year, up just 0.3% year over year nationwide in the three months ending April 30, the slowest growth rate since June 2020. That’s according to an analysis of the average maximum price set by...
Inflation surge puts pressure on mortgage rates

Inflation surge puts pressure on mortgage rates

by Third Party | Jun 13, 2022 | Current News & Events, Industry Updates, Mortgage Information

Source: Bankrate —  Inflation jumped to an annual rate of 8.6 percent in May, the U.S. Labor Department said Friday. That’s one of the loftiest levels since the stagflation days of the early 1980s — and the hot reading means mortgage rates are likely to keep...
Big landlords jump into the homebuilding business as demand for single-family rentals surges

Big landlords jump into the homebuilding business as demand for single-family rentals surges

by Third Party | Jun 13, 2022 | Current News & Events, Industry Updates, Real Estate Agent Tools, Real Estate News

Source: CNBC —  As demand for single-family rental homes surges, big landlords are jumping into the homebuilding business to shore up falling supplies. The push comes as more Americans have the flexibility to work from anywhere and are looking for larger spaces...
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