Current News & Events
Texas’ Bachman Realty Group Joins The Real Brokerage
The team closed 650 transactions last year totaling $245 million. Continue Reading Texas’ Bachman Realty Group Joins The Real Brokerage
A Phil Hall Op-Ed: Can These Ideas Really Make Homeownership More Affordable?
Here’s a radical idea on how to approach the question of affordable homeownership: let the market correct itself. Continue Reading A Phil Hall Op-Ed: Can These Ideas Really Make Homeownership More Affordable?
Mortgage Applications for New Home Purchases Up 22.2%
The average loan size for new homes increased from $390,049 in November to $405,368 in December. Continue Reading Mortgage Applications for New Home Purchases Up 22.2%
Existing Home Sales Were Down for December
The median existing home price for all housing types in December was $382,600, a year-over-year increase of 4.4%. Continue Reading Existing Home Sales Were Down for December
And Yet Another Real Estate Commission Lawsuit is Filed, Now in Los Angeles
The California Association of Realtors stated the “allegations are without merit for many reasons.” Continue Reading And Yet Another Real Estate Commission Lawsuit is Filed, Now in Los Angeles
FTC Shuts Down Real Estate Scam Targeting Spanish-Speaking Consumers
The orders contain a total monetary judgment of $29 million, Continue Reading FTC Shuts Down Real Estate Scam Targeting Spanish-Speaking Consumers
Atlanta Fed Chief: Rate Cuts Could Begin in Q3 or Earlier
“In such an unpredictable environment, it would be unwise to lock in an emphatic approach to monetary policy,” Bostic said. Continue Reading Atlanta Fed Chief: Rate Cuts Could Begin in Q3 or Earlier
Mortgage Rates Drop to 8-Month Low
The 30-year fixed-rate mortgage averaged 6.60% as of Jan. 18. Continue Reading Mortgage Rates Drop to 8-Month Low
Study: Renting is More Affordable Than Homeownership in Nearly 90% of Local Markets
Among the 64 markets where median three-bedroom rents require less than one-third of average local wages, 59 are in the Midwest and South. Continue Reading Study: Renting is More Affordable Than Homeownership in Nearly 90% of Local Markets
Housing Starts Down for December
This is down by 8.6% from the revised November figure of 1.12 million. Continue Reading Housing Starts Down for December
California’s Home Sales Remain Near 16-Year Low
California’s statewide median price dipped 0.3% from November’s $822,200 to $819,740 in December. Continue Reading California’s Home Sales Remain Near 16-Year Low
Pennsylvania Home Sales Down 7.2% From Last Year
The median price for the state dipped to $213,699 last month from $218,380 in November, although prices were up 9% from December 2022. Continue Reading Pennsylvania Home Sales Down 7.2% From Last Year
Recent Posts
Phony Housing Advocate Sentenced for Role in North Carolina Real Estate Fra…- Global Mobile Home Market Predicted to Reach Nearly $17 Billion by 2031
- NAR Survey Affirms Strong Levels of Volunteering and Charitable Donations b…
- REMAX Co-Founder Gail Liniger Passes Away at 81
- Mortgage Rates Record the Barest of Upticks
