Typical monthly mortgage plunges from all-time high recorded in April

The latest adjustment marks the lowest a typical payment has been in six months — and, with a mere 1 percent month-over-month increase, the smallest uptick in five years, according to a Redfin analysis. Continue reading

Homebuyers see NAR settlement as a big win — until they learn more

Even if the settlement brings down commissions overall, buyers grow warier the more they learn about what the policy means for them, according to the latest Inman-Dig Insights consumer poll. Continue reading

Forced to move? Not quite. The real reasons buyers are shopping now

A surprising share of homebuyers are seeking to “move up” in home. And the next wave of clients may have different priorities in mind, according to the Inman-Dig Insights consumer survey. Continue reading

Homebuyers dig the NAR deal until they learn the details: Intel survey

Even if the settlement brings down commissions overall, buyers grow warier the more they learn about what the policy means for them, according to the latest Inman-Dig Insights consumer poll. Continue reading

Once bright buyer hopes plummet as agents process NAR changes

Agent optimism over future buyer pipelines fell from 44 percent before the deal to 27 percent afterward — one of the starkest monthly shifts in sentiment that Intel has recorded in the last year. Continue reading

Disappointing economic news hampers early spring market

Rising mortgage rates thwarted the first weeks of the spring market, according to a Redfin housing report published on Thursday. Homesellers pulled back during the four weeks ending March 31, leading new listing growth to experience the smallest annual… Continue reading

Matchmaking architectural styles and buyers: A broker’s perspective

It’s essential to understand a client’s tastes, historical context and regional influences, writes broker Michelle Coffing. Doing so ensures buyers are successfully matched with the right home in a style that suits their aesthetic preferences and lifes… Continue reading

How to justify your commission with a Buyer Bill of Rights

As the real estate landscape changes, thanks to recent commission-related lawsuits, pressure is being levied on buyer agents to demonstrate their value to potential clients.  Continue reading

Mortgage rates lead to biggest pending sales drop since October

Rising interest rates and harsh winter weather have dampened homebuyer activity, leading to the biggest drop in pending sales since October. However, there’s optimism for a rebound as spring approaches, fueled by increasing home tours and new listings. Continue reading