7 things agents can be grateful for in 2022
Opinion
Real things to be thankful for when the market feels more than a little bittersweet. There are many things to celebrate so grab a seat, pass the yams and prepare to cheers the year that seemingly teaches us a new lesson every day
by Rachael Hite Nov 22
Homes near Trader Joe's get top dollar. But investors should eye Aldi
Homes near a Whole Foods or Trader Joe's boast higher values, but those near an Aldi grocery store offer something for real estate investors the others can't, according to data from Attom
by Ben Verde Nov 22
Change or lose it all: 3 steps for shifting when it matters most
Opinion
Change now to confront the new reality or face the prospects of losing market share or, even worse, going out of business
by Carl Medford Nov 22
Pending home sales post record drop as deals die and price cuts soar
Inflation and mortgage rates took a hefty toll on homebuyers in October, with a record 60,000 home-purchase cancellations during the month, according to new data released Monday
by Marian McPherson Nov 21
Fannie Mae economists see home sales bottoming next year
Sales expected to drop to lowest level since 2008, and the growing lock-in effect — the financial disincentive to sell — 'will remain in a way that has not occurred in over 40 years,' economists say
by Matt Carter Nov 21
Mortgage rates dropped faster this week than at any time in 40 years
The fall from 7.08% to 6.6% would save buyers approximately $100 a month on a median priced home, according to a report released Thursday from Redfin
by Taylor Anderson Nov 18
Existing-home sales slip for ninth-consecutive month in October
Sales of existing homes fell 5.9% to a seasonally adjusted rate of 4.43M — 28.4% lower than in October 2021, according to data released Friday by the National Association of Realtors
by Ben Verde Nov 18
Why are so many real estate agents leaving the industry? The Real Word
Opinion
This week on The Real Word, Byron Lazine and Nicole White discuss the imminent mass exodus of real estate agents from the industry, lead gen myths and cryptocurrency coverage
by Byron Lazine Nov 18
Broker Spotlight: Paul E. Grover, Berkshire Hathaway HomeServices Robert Paul Properties
This week the Broker Spotlight shines on Massachusetts luxury broker Paul E. Grover who works with discerning buyers as a closely trusted advisor throughout the region
by Christy Murdock Nov 17
Prices will fall in 2023. But savings will be negligible due to headwinds
Home prices could fall by 8%, but rising mortgage rates and a 'mild recession' will blunt the savings in buyers' pockets, according to Capital Economics' new US Housing Market Outlook
by Marian McPherson Nov 17
Housing starts fall 4.2% in October
The decline in housing starts, released Thursday by the US Census Bureau. was not as dramatic as a decrease posted in September when starts plunged 18%
by Ben Verde Nov 17
What sailing taught me about finding significance in business and in life
The larger the sails, the larger the base needs to be. A strong hull and mast provide the necessary foundation to harness the wind. The rudder determines the course and keeps the boat on course
by Chris Pollinger Nov 17
Homebuyer demand picks up again as mortgage rates retreat below 7%
While purchase loan applications were up 4% week over week, there's still 'very little refinance incentive with rates so much higher than last year,' MBA forecaster says
by Matt Carter Nov 16
As Fed walks a tightrope, the balance may swing on housing
Central bank policymakers are trying to tame inflation while avoiding a deep recession. The home market could throw a wrench in those plans
by Daniel Houston Nov 16
Homebuilder sentiment drops another 5 points in November
Confidence dropped to its lowest level among homebuilders seen since June 2012, according to the latest National Home Builders Association/Wells Fargo Housing Market Index on Wednesday
by Ben Verde Nov 16
Want to buy a home? You'll need to earn at least 6 figures
Buyers need to earn at least $107,281 to afford the $2,682 monthly mortgage payment on the typical American home, according to a new report
by Ben Verde Nov 15