Selling your home is a significant decision. The right strategies can make the process smoother and more profitable. Even in a seller's market, you can't take the basics of selling a home for granted. We will cover critical strategies, including professional photography, online platforms and writing compelling descriptions. We...
News Category: Real Estate News
Existing-home sales surged last month, up 9.5% in February, reaching a seasonally adjusted rate of 4.38 million—the largest monthly increase since the same period last year—according to the latest report from the National Association of REALTORS® (NAR). “The uptick in sales activity between January and February is a good...
“This is not the end. It is not even the beginning of the end—but it is, perhaps, the end of the beginning.” Winston Churchill was referencing battles and war, not real estate, when he spoke those words. But in the lower-stakes context of the National Association of REALTORS® (NAR)...
After two consecutive weeks of declines, mortgage rates are back on the rise this week, up to 6.87% from last week's average of 6.74%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week's numbers: The 30-year FRM averaged 6.87% as of March ...read more
The Leading Economic Index (LEI) increased by 0.1% in February to 102.8, marking the first time in two years the business-cycle monitor showed an uptick, thanks in part to residential construction, according to the latest release from The Conference Board. According to the latest report, the increase follows ...read more
The Fed left rates unchanged Wednesday but it did indicate it will cut rates three times before the end of the year. The central bank said it needs to see inflation move more sustainably toward its target 2% goal before initiating rate cuts. “Recent indicators suggest that economic activity...
We all know that luxury real estate trends ebb and flow based on numerous factors from the seasons to the state of the economy. Equally, design preferences tend to fluctuate with some new fads occurring while other trends remain timeless. Today, design is all about individuality and creating experiences—gone ...read more
Above, Cory Vasquez, left, and Vinnie Tracey Realty ONE Group International announced several high-level promotions Monday, including the promotion of Cory Vasquez, who will maintain her role as the company's Chief Marketing Officer while moving into a co-president role alongside industry icon Vinnie Tracey. Tracey will work with Vasquez...
The real estate industry has been abuzz since NAR's announcement of their settlement in their ongoing commission lawsuits last Friday. Conversations are spurning left and right about the decision: the terms, what they mean and how that will trickle down the industry. To break down the proposed settlement's terms:...
Following a rise in mortgage rates last week, mortgage applications decreased 1.6% from after last week's 7.1% increase, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association's (MBA) for the week ending March 15, 2024. Here's a look at this week's numbers: The Market ...read more