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Mortgage Rates Drop Slightly

Mortgage Rates Drop Slightly

by Phil Hall | Mar 28, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC) showed rates in a slight decline from one week earlier. The 30-year fixed-rate mortgage averaged 6.79% as of March 28, down from last week when it averaged 6.87%. A year ago at this time,...
Pending Home Sales Up in February

Pending Home Sales Up in February

by Phil Hall | Mar 28, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales during February were up by 1.6% from January, according to the National Association of Realtors (NAR). On a year-over-year basis, pending sales were down by 7%. NAR’s Pending Home Sales Index (PHSI) increased to 75.6 in February; an index of 100 is...
ATTOM: Home Affordability Remained Elusive During Q1

ATTOM: Home Affordability Remained Elusive During Q1

by Phil Hall | Mar 28, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos remained less affordable during the first quarter of this year compared to historical averages in more than 95% of counties around the U.S., according to a new data report from ATTOM. The report found the major expenses on...
The Best City to Move to in 2024 Is…

The Best City to Move to in 2024 Is…

by Phil Hall | Mar 28, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Warren Buffett may be getting a large wave of new neighbors if readers of Forbes Advisor follow the publication’s advice that Omaha, Nebraska, is the best city to move to in 2024. Omaha scored a perfect 100 out of 100 based on the point system created by Forbes...
Budge Huskey on the NAR Settlement: Don’t Believe Everything You Read

Budge Huskey on the NAR Settlement: Don’t Believe Everything You Read

by Phil Hall | Mar 27, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Budge Huskey, the president and CEO of Premier Sotheby’s International Realty, has issued an eight-point statement that challenges assumptions raised the mainstream media about the $418 million settlement announced by the National Association of Realtors (NAR)....
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