Rates on a 30-year mortgage dropped from 5.25 percent to 5.10 percent on Thursday, the most dramatic drop in rates since April 2020, according to Freddie Mac.
Pending home sales dropped 3.9 percent from March to April, marking the sixth-straight month of declines amidst climbing mortgage rates, according to data released Thursday from NAR.
The 49-46 party-line vote followed a Republican leader's call to hold a referendum on the Biden administration’s "radical housing policy."
Experts expect home sales and price growth to slow down, but they don't think rising rates will knock everyone out of the market.
This week's spotlight shines on Kama Burton, broker-owner of CMB Realty Services, philanthropist, educator and mentor.
Welcome to Inman's newest video series. @Properties executives Amy Corr and Kevin Van Eck give their top five tips on how brokerages can best support their teams.
The game has changed in many ways, and your leadership focus should change with it. Marion Weiler offers advice to help you meet the new needs of your agents and staff.
There's a widespread belief that Americans have all packed up and moved because of the pandemic. At face value, it's quite credible, according to Windermere Real Estate Chief Economist Matthew Gardner, especially given the level of 2021 home sales. But the reality, at least from the data we've received so far, actually tells a different story.
Neighborhood quality is subjective, yet Realtors cannot recommend a neighborhood or steer clients into or out of a particular neighborhood, according to broker Teresa Boardman. Here's what to do instead.
Agents must effectively and efficiently communicate the value they bring, and the best way to do that is by differentiating yourself from 1.5 million other agents with truly stellar service and communication.
Keller Williams' two top-performing teams in New England have merged, according to a joint announcement on Wednesday. Connecticut-based The Miale Team has joined Livian, the Vermont-based mega team that Keller Williams purchased an ownership stake in last October.
Census tracts chosen for preferential tax treatment in 2017 tax bill are seeing prices rise, have attracted buyers priced out elsewhere.
LandOnEarth, an app that matches homebuyers with listings based on their lifestyle preferences, aims to match buyers with their dream home faster.
A solid training and development program is quite likely to improve retention, as well as attract new talent, according to broker Jay Thompson. Although you may lose someone occasionally, you’re also going to have happier, more satisfied agents — as well as clients — working for and with you.
Auction-style homebuying platform Doorsey has officially opened another market with its second sale in Nashville, Tennessee.
The scale of the latest round is unclear, but more than a dozen Keller Mortgage employees posted notices on LinkedIn Tuesday that they'd been laid off, with some describing the cuts as "huge."
Nearly two weeks after mass agent layoffs and the closure of two offices, controversial discount brokerage REX has yet to throw in the towel.
The home — which dates to approximately 1736 — conjured up a $1.525 million sale price after listing for just $1.2 million. The buyer was Jacqueline Nuñez, a real estate developer from Boston.
As mortgage rates continued to retreat from 2022 highs set during the first week in May, demand for purchase loans was essentially flat last week.