Tag Archives: Markets & Economy

Inman Handbook on comps in these chaotic times

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Agents’ expertise has long relied on studying and understanding sales patterns in their markets. But with little inventory and soaring prices, patterns are hard to find. Continue reading →

A third of Realtors bought or sold a ‘green’ home in the past year

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Thirty-two percent of respondents of a National Association of Realtors survey say they were involved in buying or selling a property that had eco-friendly features in the past year. Continue reading →

Purchase mortgage originations to hit a new record in 2021

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The MBA announced Thursday at its Spring Conference and Expo 2021 that purchase originations are on track to grow 16.4 percent to a new record of $1.67 trillion in 2021. Continue reading →

Mortgage rates drop below 3% for first time in months

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Average mortgage rates for a 30-year fixed rate mortgage dropped to 2.97 percent for the week ending April 22, according to Freddie Mac’s Primary Mortgage Market Survey. Continue reading →

Existing-home sales continue downward trend in March: NAR

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Following a slow February, existing home sales fell 3.7 percent in March, according to data released Thursday by the National Association of Realtors. Continue reading →

The Inman Handbook on today’s intense inventory crisis

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There aren’t enough homes for everyone who wants them. That’s driving up prices and stretching agents thin. Continue reading →