Existing home sales ended 2023 on a downturn, according to data from the National Association of Realtors (NAR). Total existing home sales dipped by 1% from November to a seasonally adjusted annual rate of 3.78 million in December. On a year-over-year measurement,...
Another lawsuit aimed at how real estate professionals earn their commissions was filed this week in Los Angeles. The new case was filed on Wednesday in U.S. District Court in Los Angeles by Gael Fierro and Patrick Thurber, two home sellers who named the National...
A lawsuit brought by the Federal Trade Commission (FTC) has shut down Ganadores Online and Ganadores Inversiones Bienes Raíces, a scam targeting Spanish-speaking consumers with fraudulent money-making pitches for online businesses and real estate investments. The FTC...
Atlanta Federal Reserve President and CEO Raphael Bostic predicted the central bank’s policymaking Federal Open Market Committee could begin to cut rates in the third quarter or even earlier. In prepared remarks published ahead of an appearance before an Atlanta...
Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.60% as of Jan. 18, down from last week when it averaged 6.66%. A year ago at this time, it averaged...
The rent for a median three-bedroom unit is more affordable than owning a similarly sized home in nearly 90% of local markets around the nation, according to the 2024 Rental Affordability Report published by ATTOM, which noted this extends trends from 2023 even as...
DeSantis, in Reversal, Declines to Campaign for Measure Ending Florida̵…
