Tag Archives: Fed

Real estate agent commissions are not falling off a cliff

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A new Redfin report indicates that most consumers are still willing to pay for their real estate agents and that last year’s NAR rules have had minimal impacts on agent pay. Continue reading →

Fed: Requiring buyer agreements has no effect on commissions

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The Federal Reserve analysis found that rising home prices are likely why commission rates fell in the past two decades, but found no impact on rates after buyer contracts were required in 15 states. Continue reading →

Surprise Fed move takes some pressure off of mortgage rates

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Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they’re more worried about inflation than they were in December. Continue reading →

More and more homes are languishing on the market

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In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales. Continue reading →

Rates ease as inflation gauge moves in the right direction

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Mortgage rates have some room to come back down in June after PCE price index shows annual inflation easing to 2.65 percent in April, and Q1 2024 GDP growth revised downward to 1.3 percent. Continue reading →

JPMorgan Chase CEO warns of higher rates, more inflation

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Jamie Dimon thinks interest rates could rise to 8 percent or more. He also said in a new letter that a recession and stagflation could be in the offing. Continue reading →

Real estate stocks are suddenly and finally on fire

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Redfin, Opendoor and Compass have all seen their share prices rally in recent days — suggesting that after years of the cold shoulder investors are warming to the sector. Continue reading →

Will spring be a bust? 4 decades of housing data tell a complex story

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Past periods of high inflation and high rates — be it in 1979, 1980 or 1990 — have caused the housing market to stall. But they also didn’t crush it forever, according to an Inman analysis. Continue reading →

‘All strapped in’: Luxury clients face whiplash as banking fallout unfolds

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The sudden change in the global banking landscape has left luxury real estate clients hanging out “in the parking lot,” Kofi Nartey said, as they wait to see where the remaining chips will fall. Continue reading →

Brokerage executives predict falling profits, economic decline in 2023

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Real estate leaders are pessimistic about the state of the economy, but nevertheless upbeat about their ability to take share in a chaotic market, according to a new survey from Delta Media Group. Continue reading →