Real Estate Agent Tools
Housing Market Update: More Sellers Drop Their Prices, But Buyers Find Little Relief
Source: Redfin --- The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, up from 9% a year earlier. The 5.9% increase is the largest annual gain on record in Redfin’s weekly housing data back...
How to take advantage of rising interest rates
Source: CNN --- In a bid to curb high inflation, the US Federal Reserve on Wednesday increased its key short-term interest rate by half a percentage point -- the first hike of that magnitude in 22 years. While the US economy is still operating in a fairly low rate...
Mortgage Rates Drop Below 7%
A year ago at this time, the 30-year fixed-rate mortgage averaged 6.57%. Continue Reading Mortgage Rates Drop Below 7%
Home Sales Tumble While Median Prices Set a New Record
Sales of new single-family houses during April were at a seasonally adjusted annual rate of 634,000. Continue Reading Home Sales Tumble While Median Prices Set a New Record
Report: Vermont Leads US for Mortgage Delinquencies
Vermont’s eastern neighbor, New Hampshire, recorded the lowest level of mortgage delinquencies. Continue Reading Report: Vermont Leads US for Mortgage Delinquencies
The Real Brokerage Launches Luxury Division
Real Luxury agents are expected to earn CLHMS designation. Continue Reading The Real Brokerage Launches Luxury Division
TikTok Influencer Launches Real Estate Cooperative
MCU raised more than $2 million and attracted 5,000 members within the first 24 hours of its launch. Continue Reading TikTok Influencer Launches Real Estate Cooperative
Fidelity National Financial Creates Chief Artificial Intelligence Officer Role
Jason Nadeau joined the company in 2018 as chief digital officer. Continue Reading Fidelity National Financial Creates Chief Artificial Intelligence Officer Role
Developer Donates $10 Million for Real Estate Program at NC State University
Peter Pappas developed more than 3 million square feet of property in the Charlotte metro area. Continue Reading Developer Donates $10 Million for Real Estate Program at NC State University
New Commercial Real Estate Platform Connects National Retailers with Rural Markets
CUSCO will target markets in the South, Southeast and Midwest. Continue Reading New Commercial Real Estate Platform Connects National Retailers with Rural Markets
Sales Remain Strong in Florida’s Housing Market
The statewide median sales price for single-family existing homes was $429,900, up 4.9% year-over-year. Continue Reading Sales Remain Strong in Florida’s Housing Market
New York State Home Sales Enjoy Rare Uptick in April
This is only the second time in the last 32 months when closed sales have risen in year-over-year comparisons. Continue Reading New York State Home Sales Enjoy Rare Uptick in April
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