Tag Archives: Markets & Economy

How the luxury housing market became invincible in 2021

By Jim Dalrymple II | October 11, 2021 - 9:00 am |October 11, 2021 Uncategorized

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Luxury real estate agents reported having record years, and high-end properties have grown to become a larger and larger share of the overall market this year. Continue reading →

Homeowners slam brakes on refinancing as mortgage rates rise

By Matt Carter | October 11, 2021 - 4:01 am |October 11, 2021 Uncategorized

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Prospect of higher monthly mortgage payments for homebuyers and impact on affordability also a concern, according to an analysis of mortgage pipeline data by Black Knight. Continue reading →

Real-estate hiring outpaces other industries amid stale jobs report

By Daniel Houston | October 8, 2021 - 5:05 pm |October 8, 2021 Uncategorized

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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 →

Mortgage rates hold steady following late-September spike

By Daniel Houston | October 7, 2021 - 9:02 pm |October 7, 2021 Uncategorized

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Mortgage rates barely changed a week after rising bond yields and Federal Reserve statements led to rate hikes across the board. Continue reading →

Compass decline in value stands in contrast to its growth: DelPrete

By Mike DelPrete | October 7, 2021 - 9:00 pm |October 7, 2021 Uncategorized

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Compass’ growth over the past three years has been remarkable. It is one of the fastest growing real estate brokerages of all time — yet its stock price continues to decline. Continue reading →

Homebuyer sentiment drops back to record low

By Matt Carter | October 7, 2021 - 12:30 pm |October 7, 2021 Uncategorized

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Even though most Americans think that sellers have the upper hand, two-thirds say they’d buy a home rather than rent if they were going to move. Continue reading →

Manhattan housing market posts biggest 3rd quarter in 3 decades

By Lillian Dickerson | October 6, 2021 - 4:00 pm |October 6, 2021 Uncategorized

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Luxury apartment sales surged approximately 226 percent year over year and almost 33 percent from the previous quarter, according to Douglas Elliman. Continue reading →

Jump in rates cuts into demand for mortgages

By Matt Carter | October 6, 2021 - 11:00 am |October 6, 2021 Uncategorized

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Rising mortgage rates have curbed demand for refinancing and purchase loans after inflation worries pushed rates to highest levels since July. Continue reading →

Better enabling homebuyers to make cash offers in 12 states

By Matt Carter | October 5, 2021 - 9:46 pm |October 5, 2021 Uncategorized

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Better says its cash offer program will bring both buyers and sellers to its real estate brokerage business. Continue reading →

How to find listings in a highly competitive market

By Jim Dalrymple II | October 5, 2021 - 4:50 pm |October 5, 2021 Uncategorized

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Becky Eakle argued during Coldwell Banker’s Gen Blue Experience that the listing agent always wins. The key then is figuring out how to get more would-be sellers off the fence. Continue reading →