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Mortgage Rates Reach Peak High Since April
October 18th, 2021
The 30-year fixed-rate mortgage (FRM) averaged 3.05%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. This marks a peak in rates not seen since April. Mortgage details: – 30-year fixed-rate mortgage averaged 3.05% with an average...
Brokers, Awards, John L. Scott, Real Estate Brokerage, real estate news, Real Estate, Industry News, National, Latest News, News
John L. Scott Real Estate Recognized at 2021 Supplier Awards Ceremony
October 21st, 2021
Held in Chicago, Illinois, during Worldwide ERC’s® Global Workforce Symposium, Altair Global hosted its fifth annual, invitation-only awards ceremony recognizing supplier partners’ outstanding achievements. During this ceremony, Altair Global announced John L. Scott Real Estate as the winner of the Super...
Brokers, JPAR, Leadership, Real Estate Brokerage, real estate news, Real Estate, Industry News, National, Latest News, News
JPAR Names Laura O’Connor President and COO
October 25th, 2021
JPAR® Real Estate recently appointed Laura O’Connor as president and chief operating officer. The expansion of the executive-level leadership team comes at a time of growth for the brand and a focus on its national expansion. A seasoned industry executive,...
real estate news, Real Estate, NAR, Industry News, Pending Home Sales, Housing Market, National, National Association of REALTORS®, Latest News, News
Market Cools in September as Pending Home Sales Dip
October 28th, 2021
Despite a late summer rebound, pending home sales dipped again in September, according to the newest report from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings,...
Lead, U.S. Department of Housing and Urban Development, real estate news, Real Estate, Industry News, HUD, Consumer, National, Latest News, News
HUD Funding Initiatives to Tackle National Lead Crisis
November 1st, 2021
The U.S. Department of Housing and Urban Development (HUD) recently hosted a conversation about how to solve the nation’s lead poisoning crisis, featuring Secretary Marcia L. Fudge with guest Cleveland Clinic President and CEO Dr. Tom Mihaljevic. The pair discussed...
Vacancy, Coronavirus, Commerce Department, real estate news, Real Estate, Homeownership, Industry News, Housing Market, realtor.com®, National, Latest News, News
Homeownership Rate Flat in Q3
November 3rd, 2021
The homeownership rate was 65.4% in the third quarter of 2021, nearly flat compared to the previous quarter, according to the latest data from the Commerce Department. National vacancy rates in the third quarter 2021 were 5.8% for rentals (-0.6%...
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October Sees Major Job Bump, But Continued Construction Worker Shortages Pose a Challenge
November 8th, 2021
The U.S. job market had a positive October, with nonfarm payrolls rising more than expected and the unemployment rate decreasing to 4.6%, according to the latest jobs report from the Labor Department. Nonfarm payrolls increased by 531,000 for the month...
Affordability, real estate news, Home Price, Real Estate, NAR, Industry News, Home Values, Mortgage Rates, Housing Market, National, National Association of REALTORS®, Latest News, News
Most Metro Areas Saw Double-Digit, Home-Price Growth in Q3
November 10th, 2021
Median sales prices for existing, single-family properties increased in the third quarter of 2021, primarily driven by high homebuyer demand and persisting supply shortages, according to the latest quarterly report from the National Association of REALTORS®. The report also found...
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New Climate Action Plan to Reduce Carbon Footprint and Build More Equitable Housing
November 22nd, 2021
The U.S. Department of Housing and Urban Development (HUD) released its Climate Action Plan, as part of the Biden-Harris Administration’s approach to confronting the climate crisis. The comprehensive strategy looks to reduce the agency’s energy and carbon footprint in order to...
Inventory, Florida, Florida Realtors, real estate news, Real Estate Market, Real Estate, Home Prices, Industry News, Home Values, Housing Market, Latest News, News
Regional Spotlight: Florida’s Median Prices March Forward
November 26th, 2021
Florida’s housing market showed higher median prices, more cash sales and tight inventory levels in October compared to a year ago, according to Florida REALTORS® latest housing data. “In markets across the state, the for-sale inventory continues at low levels,...
