Tag Archives: Markets & Economy

EXp Luxury celebrates its newest phase of international expansion

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In addition to launching in Australia and New Zealand, the virtual brokerage also expanded its luxury program into South Africa and the United Kingdom. Continue reading →

After Sitzer, what will happen to underserved communities?

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According to DEI expert Nora Crosthwaite, we have more questions than answers when it comes to the future of homeownership options for underserved communities, and that’s unfair to consumers. Continue reading →

Homebuyer sentiment tallies record low amid falling rates

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Fannie Mae economist warns that, while mortgage rates have retreated, the primary drivers of housing pessimism are persistent affordability challenges and worries about household finances. Continue reading →

Millennials are more real estate obsessed than their parents: Poll

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Nearly 60 percent of millennials said they felt homeownership is more important now than it was for their parents, according to the results of a new survey released earlier this week by Bank of America. Continue reading →

Forget the deadbolt, residents of these trusting towns say

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People who live in Hollister, California, feel most confident about leaving their doors unlocked at night, according to a survey by Automatelife.net, because of low property and violent crime rates. Continue reading →

How low can they go? Mortgage rates back under 7% this week

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Mortgage rates keep falling after Powell tries to deflate expectations for the spring rate, as three new reports released this week suggest the economy is, in fact, losing steam. Continue reading →

NAR enrollment fell in 2023. Here’s where membership rose — and why

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NAR membership declined by 1.4 percent in the 12-month period that ended in October, with state-level enrollment hewing closely to local housing metrics, according to a state-by-state analysis by Intel. Continue reading →

Black Knight awarded $155.2M in PennyMac trade secrets lawsuit

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PennyMac is putting a positive spin on the arbitrator’s ruling, saying the decision allows it to continue to use the disputed loan servicing software “free and clear of any restrictions.” Continue reading →

Buyers’ market to usher in ‘season of hope’ in 2024, Redfin projects

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Falling home prices and mortgage rates are on tap for buyers and sellers — not to mention a presidential election that could hinge on housing issues, according to Redfin’s outlook for 2024. Continue reading →