News

Fed Quickens Pace, Raises Rate 3 Months After Last Hike

The Federal Reserve voted on Wednesday to again raise the key interest rate one-quarter percentage point, the first of three hikes anticipated for 2017. The rate was increased one-quarter percentage point just three months ago, in December 2016. “In view...

Economic Gains Spark Confidence in Buying, Selling

Economic gains have sparked confidence in home-buying and -selling, with 80 percent of those surveyed in the National Association of REALTORS® (NAR) Housing Opportunities and Market Experience (HOME) survey believing now is a good time to buy and 69 percent...

Mortgage Rates Again Average Higher

Mortgage rates again averaged higher this week in wait of the Federal Reserve’s decision on the key interest rate, with the 30-year fixed mortgage rate rising nine points to 4.30 percent, according to Freddie Mac’s recently released Primary Mortgage Market...

Helen Hanna Casey: Leveraging a Legacy

As chief executive officer of Howard Hanna Real Estate Services, Helen Hanna Casey is doing the family name proud, continuing the great organization started by her parents, Howard and Anne Freyvogel Hanna, in 1957. “We’ve always been committed to building...

Trump Budget Cuts HUD Funding 13.2 Percent

The Trump Administration on Thursday released a budget outline for the 2018 fiscal year, proposing $6.2 billion in cuts to the Department of Housing and Urban Development (HUD), or a 13.2 percent reduction. Funding for the agency would total $40.7...

MBA: Mortgage Apps Up Across the Board

Mortgage applications rose 3.1 percent over the week, according to data gathered in the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The MBA’s Refinance Index grew 4 percent, as well, while the Purchase Index grew 2 percent. The refinance...

Housing Starts Clear Expectations in February

Housing starts cleared expectations in February, 3 percent above estimates to a rate of 1,288,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family starts increased 6.5 percent to 872,000. Starts for units...

Home Builder Confidence Harkens Back to 2005

Home builders’ confidence in the new single-family housing market is harkening back to 2005, rising to a reading of 71 in the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)—the highest level in 12 years. Index readings...

Leading the Way with Technology

In the following interview, Ravath “RP” Pok, principal broker/owner of Realty ONE Group in Midvale, Utah, discusses the benefits—and challenges—of using technology. Region Served: Salt Lake County Years in Real Estate: 21 Number of Offices: 1 Number of Agents: 69...

Size Matters: Most Americans Dissatisfied with Home’s Square Footage

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: New System, New Sales: How One Broker Kickstarted Agent Adoption Real Estate Investing: How to Make Money in the Current Housing Market...
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