Most Americans don’t think prices will be higher in 12 months but that mortgage rates will rise, according to a new Fannie Mae survey. Source:…
Posts published in “Markets & Economy”
Real estate employment numbers continued to rise in early July, but some segments of the industry grew faster than others. Source: Inman News
Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant’s potential impact on the global economy. Source: Inman News
The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Source: Inman…
Real estate groups leveraged President Joe Biden’s comments earlier this week about the new moratorium’s chances of surviving in court. Source: Inman News
California Association of Realtors blames lack of supply for “terrible consequences” on quality of life for potential buyers. Source: Inman News
New earnings report reveals RE/MAX revenue grew 48 percent year over year by the end of June, while its total number of agents hit 140,201. …
Compared to the metros with the highest outbound migration, the ones with the highest inbound migration have more affordable homes and a lower population density. …
Although rates eased for the most popular type of mortgage among homebuyers — the 30-year fixed-rate conforming loan — rates for jumbo mortgages, FHA loans…