Tariff uncertainties and job loss worries meant lower rates had a bigger impact last week on refinancing demand than homebuying, Mortgage Bankers Association surveys show
The National Association of Realtors released its 2024 Member Profile on Wednesday, revealing that its typical member earned a median gross income of $58,100, up from $55,800 in 2023
Move also increased its revenue 1% annually to $552M. The company attributed the growth to Realtor.com’s Zillow partnership and increased premium lead generation sales
While hard numbers won't be available for a few weeks, the Intel Index survey found signs that real estate agent client pools in July benefitted from an unexpected influx of homebuyers
Trump announces new tariffs on dozens of countries beginning Aug. 7, fires BLS commissioner after revised jobs report shows dramatic slowdown in payroll growth in May and June
With job market stable and the economy chugging along, bets placed by futures market investors suggest the odds of a September rate cut have dropped to less than even
Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6% last week compared to the week before
Pending home sales fell MOM and YOY in June, according to the National Association of Realtors. Economists are split on what the decline means as buyers navigate wider economic fears
The franchisor's total agent count grew 2.5% from a year ago, to 147,073. But a growing proportion of those agents work outside of RE/MAX's main markets, the US and Canada
With Trump's Aug. 1 trade deal deadline looming, new readings on consumer confidence show would-be homebuyers may be getting less fearful that tariffs will tank the economy
Home price growth slowed to the lowest level in 2 years in May. However, market pressures, primarily from elevated mortgage rates, mean buyers are still struggling to afford homes
New construction starter homes may be a thing of the past as costs continue to rise, according to a report from Cotality. Buyers are flocking to a new kind of starter home, one that's older, smaller
New survey of thousands of US consumers by Inman and Dig Insights suggests many homebuyers are spurred to enter an unaffordable market by the assumption that things can only get worse
Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down
Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price appreciation will cool