National Association of Realtors (NAR) Chief Economist Lawrence Yun faulted the Federal Reserve for last week’s quarter-point rate hike, claiming it was unnecessary and predicted it will be the last hike for the near-future. Speaking before NAR’s 2023 Realtors...
A California county is under siege by fraudsters pretending to be property owners and tricking real estate agents into selling properties they do not own. According to a press statement from the Office of the District Attorney for San Luis Obispo County, the...
The Person of the Week spotlight is shining on Kelly Mangold, principal at RCLCO Real Estate Consulting in Bethesda, Maryland, and the subject is today’s housing scene. The first question is a broad question: What is the state of the U.S. housing market today?...
Mortgage credit availability dropped in April to a level not seen since January 2013, according to the latest Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI dipped by 0.9% to 99.6 in April – the index was...
Sales prices on existing single-family homes during the first quarter were up in approximately 70% of major metro areas – 152 out of 221 markets – according to new data from the National Association of Realtors (NAR). However, the $371,200 national median...
The National Fair Housing Alliance (NFHA) is teaming with the digital media platform UrbanGeekz on a special event designed to remove algorithmic bias from the housing and lending sectors. The inaugural Tech Equity Hackathon will be held June 16–18 at American...
Hits and Misses for the Real Estate Week of May 11-15
