Realtor.com announces the ‘Best Day to Sell’ for 2024

Listing agents have less than a month to prepare homesellers for the spring housing season, according to Realtor.com’s annual “Best Day to Sell” analysis, published on Thursday. This year, the portal says the week of April 14 is the best time to close … Continue reading

Lesson Learned: Take care of your money, and it’ll take care of you

Find out how SERHANT. agent Marzena Wawrzaszek built her business from the ground up and how her childhood dreams combined to create a life by design. Continue reading

Fed preparing to slow the pace of ‘quantitative tightening’

In addition to anticipating three rate cuts this year, Federal Reserve policymakers are considering whether to taper the pace at which they unwind the central bank’s $7 trillion balance sheet. Continue reading

Landlords pull plug on renter incentives ahead of spring

While incentives are still an integral part of the new-home market, they’re falling out of popularity in the rental segment as demand — and competition — strengthens. The number of Zillow rental listings with concessions has struggled, going from 32.7 … Continue reading

In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat

The key policy item for first-term Mayor Brandon Johnson would have raised an estimated $100 million through a tax hike on real estate sales. Continue reading

Rising mortgage rates threaten to curtail spring homebuying

After two consecutive weeks of rising demand, applications for purchase mortgages dropped by a seasonally adjusted 1 percent last week compared to the week before, and 14 percent from a year ago. Continue reading

Before NAR settlement, headcount hopes were losing steam: Intel

Most brokerage leaders in February still expected to be better-staffed this time next year, the Intel Index found. But that optimism was weakening even before NAR’s $418M settlement Friday. Continue reading

How commission chaos divided the real estate industry into 4 factions

The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward. Continue reading

Fannie Mae no longer expects mortgage rates to drop below 6%

The recent surge in mortgage rates could take some air out of a projected rebound in 2024 home sales, with deals driven mostly by households who can no longer put off their moves due to life events. Continue reading