After brief dip, pending home sales bounce back stronger in October
The number of contract signings grew 7.5 percent from September to October, the National Association of Realtors reports
by Daniel Houston Nov 29
11 issues that will impact the future of real estate
Opinion
Mega-team leader Carl Medford illuminates the top 11 issues that he believes will be affecting real estate in the future
by Carl Medford Nov 25
Fed stands ready to accelerate tapering of mortgage purchases
Fed policymakers are prepared to adjust the pace of asset purchases if inflation continues to run hot, minutes released Wednesday of their Nov. 3 meeting show
by Matt Carter Nov 24
New home sales hit 6-month high
New home sales in October 2021 increased by a modest 0.4% to a seasonally adjusted annual rate of 745,000, following a furious September in which new home sales grew by double digits
by Lillian Dickerson Nov 24
Rising mortgage rates may be pressuring borrowers off the fence
Purchase loans were up 5% last week and applications by homeowners to refinance existing mortgages were up 0.4% week over week, according to the Mortgage Bankers Association
by Matt Carter Nov 24
RE/MAX delivers record Q3 revenue amid RE/MAX Integra acquisition
The record quarter was largely driven by the company's purchase in July of RE/MAX Integra, a $235M deal that marked the largest franchise acquisition in the brokerage's history
by Lillian Dickerson Nov 22
US migration drops even as remote work fuels long-distance moves
As remote work took hold, a smaller share of people actually moved within their state or county, according to the U.S. Census Bureau
by Daniel Houston Nov 22
2021 on pace to tally biggest year in existing-home sales since 2006
Inventory across all housing types fell 0.8% from the month previous and 12% year over year to 1.25M units. Nonetheless, home sales are expected to exceed 6 million by the end of the year
by Lillian Dickerson Nov 22
Imagine a $28K fee for furniture. The reality for Berlin renters is ugly
Two months after passing a referendum to control rents, Berliners are battling extreme leasing fees, which include thousands of dollars upfront for furniture, appliances and kitchen cabinets
by Marian McPherson Nov 22
As inflation heats up, home sales expected to decline over next 2 years
For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter 'mature state of the business cycle,' with the risk of another recession moving into focus
by Matt Carter Nov 19
5-year study finds Bitcoin is a way better investment than real estate
A study published by Point2Homes.com revealed extensive return on investment comparisons between the most popular form of cryptocurrency and real estate. The results are staggering
by Craig C. Rowe Nov 18
3 agents per home: Is Daytona Beach the canary in the coal mine?
In September, approximately 2,200 agents licensed in the Florida beachside community of 70,000 were vying for just 674 listings. Is this the fate in store for the rest of the country?
by Daniel Houston Nov 18
It takes LeBron James 16 hours of work to afford a home. Conor McGregor can buy 1 in half the time
Multi-million dollar salaried athletes like Stephen Curry and Tiger Woods can save up enough money for the average priced American home within a few hours, a new study shows
by Lillian Dickerson Nov 18
5 reasons to be optimistic about the 2022 housing market
At the National Association of Realtors' national conference on Friday, NAR Chief Economist Lawrence Yun shared promising insights about 2022
by Marian McPherson Nov 18
Inflation hasn't peaked yet: 2022 housing forecast
However, Windermere Chief Economist Matthew Gardner firmly believes that the economy will continue to grow. Here's his 2022 housing forecast
by Matthew Gardner Nov 17
Housing starts dip modestly in October amid supply chain issues
Privately owned housing starts dipped 0.7% in October while single-family housing starts dropped 3.9%, according to US Census Bureau residential construction data
by Lillian Dickerson Nov 17