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Mortgage Rates Edge Down, Mark Lowest Level Since Mid-May
The average 30-year-fixed mortgage rate dropped to its lowest level in seven weeks, but is still hovering in the mid-6% range, indicating to economists that buyers–mainly in the higher-income bracket–are coming to terms with this rate environment as the new normal. The average 30-year fixed mortgage rate decreased 6 basis points to 6.43% from 6.49%…
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Job Growth Declines in June, Economists Suggest Cautious Optimism for Housing
Job growth trended downward and came in below expectations in June, per the latest findings from the U.S. Bureau of Labor Statistics. This adds another data point as the Federal Reserve moves to consider adjusting interest rates in coming months; in previous months, the Fed has been caught between both rising inflation and a weak…
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Compass Suit, Geo Farming, Europe’s AI Listings: Inman Top 5 - Inman Real Estate News
Compass Suit, Geo Farming, Europe’s AI Listings: Inman Top 5 Inman Real Estate News
HouseCanary CEO to Set the Record Straight on Google Partnership
Following the announcement earlier this month that Google went national with its initiative to embed HouseCanary-powered listings into its search portal, many questions have arisen about what it all means for the residential real estate industry. With the industry re-organizing around the flow of listings, brokerages and MLSs are demanding greater control and remuneration for…
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Embracing the “Why” and Combating Burnout
Trish Nicely Broker/Owner JPAR® Real Estate Professionals Hughesville, Maryland https://www.jparprofessionals.com Region served: Maryland and the D.C. metro area Years in real estate: 27 Number of offices: 3 Number of agents: 47 Favorite part of your job: Watching agents grow In an era of technological evolution, and with the rise of AI, how are you using…
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Icade outlines its real estate strategy as investors watch European property trends - Ad-hoc-news.de
Consumer Federation Petitions FTC and DOJ to Investigate Compass Over MLS Partnerships
The Consumer Federation of America (CFA) has penned a letter requesting that the Federal Trade Commission (FTC) and the Department of Justice (DOJ) investigate mega-brokerage Compass for its several recent partnerships with MLSs that simultaneously expanded their platforms nationwide, alleging that the deals “raise significant anti-consumer concerns” and potentially “violate fair housing protections.” Specifically, the…
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The American Dream Isn’t Dead—the Strategy Has Simply Changed
“Keeping the dream of homeownership alive today is really about helping people replace confusion with clarity. The dream is not dead. The strategy is just different.” This is how Adam Gillespie—a Denver-based Realtor®, AI strategist, CRM coach and co-founder of Apex Elite AI—describes the challenges facing those pursuing the American Dream of homeownership in today’s…
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Goings and Comings: Cities People Bolt, and Where They Often End Up
It’s another example of life imitating art, for those either old enough to remember the “Green Acres” TV show theme, or maybe catch endless reruns on cable. Leave the big city for less hectic (and warmer) environs. Well, according to a new report from Redfin, it’s now happening big-time for real. Roughly one in five…
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