News

Fostering Success Through a Supportive Culture

In the following interview, B. John Duffy, broker/owner of Duffy Real Estate, a member of Leading Real Estate Companies of the World® (LeadingRE) in Narberth, Pa., discusses the advantages of the global network, community involvement, and more. Region Served: Greater...

Inventory: Is the Drought Easing?

When it comes to the housing market, the conversation has been dominated by pricey properties and short supply—but, under the radar, there has been an improvement in inventory, according to realtor.com®’s recently released July 2018 Monthly Housing Trend Report. The...

Builder Confidence Healthy in July

Builder confidence is healthy, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading is 68; an above-50 reading indicates more builders have a positive outlook than a negative one. “Consumer demand...

A New Path to Homeownership®

Home Partners of America Creates New Homeownership Opportunities for Consumers While Creating New Business Opportunities for Agents Not surprisingly, renting skyrocketed in the U.S. in the wake of the housing crisis—and whether it’s due to continued financial restrictions, misinformation about...

Homeownership Rate Ticks Up

At the height of real estate season, the homeownership rate ticked up. According to Census data, the homeownership rate has risen to 64.3 percent—a departure from the first quarter of 2018, when the homeownership rate was 64.2 percent, as well...

Building Momentum for Mortgage Rates

There is a building momentum in mortgage rates, with the average 30-year, fixed rate up for the second straight week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The average 30-year fixed increased to 4.6 percent, up from 4.54...

Minutes, or Money? Homeowners Save by Trading Off Travel to Work

In city cores, commuting from farther out takes time, but can save thousands, according to an analysis newly released by Zillow. In Boston, there is a 13.4 percent difference in home prices, typically, between the center of the city and...

Knipe Realty ERA Powered Wins With a Servant’s Heart

Small businesses across the country have only recently recovered from the economic crash of 2008. And this is especially true for real estate. It was the year subprime mortgages and foreclosures permanently entered the daily conversation. A year earlier, Jeff...

The Evolution of Office Space: Industry Impact

Editor’s Note: This is part two of a series that takes an in-depth look at how brokerage offices have transformed. You can find part one here. It’s Monday morning, and you have two choices before you: drive into the office...

Half of Homes Past Pre-Recession Values

Half of the homes—50.4 percent—in the nation are past their peaks prior to the recession, with 21 of the 35 largest markets at the milestone value, according to the June Zillow® Real Estate Market Report. Based on the Zillow Home...
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