That big Fed rate cut was no panacea for housing: Fitch analysts
Fed easing was already priced into mortgage rates, but there's room for more relief if investors who fund most home loans get less skittish about prepayment risk and quantitative tightening
by Matt Carter Sep 19
Alabama Association of Realtors to NAR: Make membership optional
‘It is time to allow members the ability to choose where they allocate their membership and dues dollars between the local, state and national levels,’ Alabama Realtors wrote to NAR on Tuesday
by Taylor Anderson Sep 19
Existing-home sales continue to slide as buyers bide their time: NAR
Existing-home sales fell 4.2% year over year to a seasonally adjusted rate of 3.86M in August as buyers awaited the Fed's decision to cut rates, according to National Association of Realtors data
by Marian McPherson Sep 19
9 proven ways to keep retention rates high when business is slow
Chris Pollinger shares powerful strategies to retain and motivate your real estate agents, even as listings hit all-time lows. Learn how to keep your team engaged and thriving during tough markets
by Chris Pollinger Sep 19
Fed begins rate-cutting campaign with reduction in federal funds rate
Central bank policymakers drop short-term rates by 1/2 percentage point and signal more cuts ahead, but much of the impact may have already been priced in to mortgage rates
by Matt Carter Sep 18
Mortgage payments cheaper than rent in nearly half of all US metros
Mortgage rates have dropped to their lowest levels since 2023 in 22 of the 50 largest US metros — even as rent prices continue to rise, according to a new analysis from Zillow released on Monday
by Richelle Hammiel Sep 17
Investors' expectations for big Fed rate cut rise on new data releases
Investors who fund most mortgages have already priced in several rate cuts, so further declines could depend on what next week's 'dot plot' says about expectations for the pace of future cuts
by Matt Carter Sep 13
Second-home mortgages decline amid economic uncertainty
In August, mortgage rate locks for second homes fell 13.1% year-over-year to the lowest level since March 2016 on a seasonally adjusted basis
by Richelle Hammiel Sep 13
Brad Stein on the rise, fall and lasting appeal of the Austin market
An influx of high-earning workers and new multifamily units has put Austin developers in a unique position, the Intracorp Homes executive said ahead of Inman Connect Austin
by Daniel Houston Sep 13
Curbio to pay $7.5M to settle Washington DC fraud lawsuit
The pre-sale home renovation company denied all allegations and said it decided to settle to focus on its path forward. Attorney General Brian Schwalb called it a win for consumers
by Taylor Anderson Sep 12
New Hampshire metro prevails as hottest US market for 29th time
August marked the 8th consecutive month in which Manchester, New Hampshire, was ranked the hottest US market by Realtor.com. The top 20 markets were all in the Northeast and Midwest
by Lillian Dickerson Sep 12
Fed expected to be cautious in cutting rates next week
A surprisingly large increase in core CPI, which excludes volatile food and energy prices, means Fed policymakers are likely to start out with a modest 25 basis-point rate cut next week
by Matt Carter Sep 11
Christie's International Real Estate welcomes Madrid affiliate
Led by luxury experts Hans Veenhuijsen and Olga García Hernández, the new office opens as more luxury buyers have shown interest in the city's market and as home prices have steadily grown
by Lillian Dickerson Sep 11
baby boomer couple
54% of boomers who own their homes said they planned to live in them until they die, according to a new survey by Clever Real Estate
by Taylor Anderson Sep 11
NYC favors life-science workspaces over affordable housing
Even as some specialty workspaces around the US are converted back into offices, NYC is moving forward with plans for a 2.19M square foot science park despite calls for more housing
by Richelle Hammiel Sep 10
The late James Earl Jones planted deep roots in the Hudson Valley
Around the time that Jones landed his first hit film role in 'The Great White Hope,' he visited the Hudson Valley with a friend and fell in love with the small town of Pawling
by Lillian Dickerson Sep 10