Pending home sales recorded a 1.1% uptick from August to September, according to data from the National Association of Realtors (NAR), which also noted pending transactions were down 11% from one year earlier. NAR’s Pending Home Sales Index (PHSI) for September had a...
As the National Association of Realtors (NAR) is in the legal spotlight with an ongoing class-action lawsuit in Kansas City, the U.S. Department of Justice (DOJ) is reportedly preparing to pursue a federal antitrust suit despite being under a court order to abide by a...
Total existing home sales during September declined by 2% from August to a seasonally adjusted annual rate of 3.96 million, according to new data from the National Association of Realtors (NAR). On a year-over-year basis, sales dropped 15.4% from the 4.68 million...
Rising mortgage rates, rising foreclosure rates, and Bad Bunny’s rather pricey rental unit. From the wild and wooly world of real estate, here are our hits and misses for the week of Oct. 9-13. Miss: Up, Up and Oh No. The 30-year fixed-rate mortgage surged...
The leadership of the Mortgage Bankers Association, the National Association of Home Builders and the National Association of Realtors have sent a joint letter to Federal Reserve Chairman Jerome Powell warning that the central bank’s policy of rate hikes is creating...