Mortgage rates dip as Omicron variant triggers market volatility

Thirty-year mortgage rates fell to 3.05 percent, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey released Thursday. Continue reading

Jobs report disappoints, but real estate hiring keeps rolling along

Homebuilders and real estate firms posted strong hiring trends even as a federal jobs report came up far short of expectations for November. Continue reading

3 agents per home: Is Daytona Beach the canary in the coal mine?

In September, approximately 2,200 agents licensed in the Florida beachside community of 70,000 were vying for just 674 listings. Is this the fate in store for the rest of the country? Continue reading

5 reasons to be optimistic about the 2022 housing market

At the National Association of Realtors’ national conference on Friday, NAR Chief Economist Lawrence Yun shared promising insights about 2022. Continue reading

Home prices see double-digit price surge across almost 80% of metros in Q3: NAR

The median sales price of single-family existing homes increased in 99 percent of the 183 markets measured by the National Association of Realtors, while 78 percent of markets saw double-digit price gains. Continue reading

What to expect at NAR’s Realtors Conference & Expo this week

Olympic gymnast Simone Biles and former NFL quarterback Drew Brees to speak at Realtors Conference & Expo in San Diego, plus much, much more. Continue reading

Real-estate hiring outpaces other industries amid stale jobs report

Employers in real estate and residential construction grew workforces by 0.2 percent on a seasonally adjusted basis, according to Department of Labor survey out Friday. Continue reading