Tag Archives: Markets & Economy

The market keeps tipping toward a pool of reluctant buyers

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Mortgage rates and the median listing price are down while active inventory is up year over year, but more positive movement may be required for hesitant buyers this spring. Continue reading →

NAR releases statement on coming soon listings and public marketing

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Without commenting directly on the Compass-Rocket partnership, the National Association of Realtors noted it has no policy on coming soon listings and reaffirmed support of the MLS. Continue reading →

Spring market shows early signs of green shoots

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Early data shows that existing-home sales were up in February and that relistings are experiencing a surge, signaling consumer confidence in the market. Continue reading →

‘Full transparency is the strongest mechanism for serving buyers and sellers’: Windermere’s OB Jacobi

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Consumers are best served by openness, the Windermere co-President writes, not by being made guinea pigs for strategies that may or may not benefit them. Continue reading →

A 4.99% mortgage? This company says they’ll offer it soon

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A week after announcing a new in-house mortgage product, Opendoor has another move up its sleeve — 4.99 percent mortgages. The company’s CEO said the offering has “obvious scale advantages.” Continue reading →

Why multifamily housing investors should consider Knoxville

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Knoxville’s appeal to employers and job-hunters should make it attractive to investors seeking stable growth in a market that outperforms its size, Michael Zaransky writes. Continue reading →

See which states are looking to limit private real estate listings

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Lawmakers in a growing number of states are proposing bills that would require broad public marketing of real estate listings. Continue reading →

Mortgage rates surge upward amid Iran conflict

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After a week in which the average 30-year fixed-rate mortgage rate fell below 6 percent for the first time in more than three years, rates reversed, hitting 6.15 percent on Tuesday in response to overseas conflict. Continue reading →

New anti-money laundering rule for cash purchases is now in effect

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Under the new rule, when a legal entity or trust purchases a piece of residential real estate without the use of financing, closing or settlement agents must report details of the transaction. Continue reading →

California housing: A ‘caste system defined by family wealth?’ Analysts respond to report

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Analysts and housing experts this week balked at what some called California’s “landed gentry” system for passing property down to younger generations. Continue reading →