Homebuyers falter as mortgage rates hit new 2024 highs
Requests for purchase loans were down 1 percent week over week and 15 percent from a year ago, according to the latest Mortgage Bankers Association survey....
Read Full Article
Fed’s ‘higher for longer’ gambit may yet cool home price gains
Fannie Mae and MBA economists are now in agreement that mortgage rates will come down only gradually this year and next but that home price appreciation will slow....
Read Full Article
New San Francisco showroom offers private islands and yachts
Demand for some of the most exclusive luxuries remains, even as the city of San Francisco itself grapples with plunging home prices and an all-time high in office vacancies....
Read Full Article
California Association of Realtors CEO resigns after 2 years
Two years after taking the helm, California Association of Realtors CEO John Sebree has stepped down from his post. His resignation went into effect immediately, with C.A.R. subsidiary Real Estate Business Services (REBS) CEO Debra Ferrier taking over as interim CEO as the Association launches a...
Read Full Article
Maxwell’s AI tool probes inner workings of mortgage lending
Mortgage lenders using AskMax no longer need to be database engineers. They can ask for — and receive — business intelligence in plain English....
Read Full Article
Are real estate’s best-paid CEOs worth the money? DelPrete
Industry expert Mike DelPrete looks at CEO compensation for some of the biggest names in real estate and how it relates to company performance....
Read Full Article
Once bright buyer hopes plummet as agents process NAR changes
Agent optimism over future buyer pipelines fell from 44 percent before the deal to 27 percent afterward — one of the starkest monthly shifts in sentiment that Intel has recorded in the last year....
Read Full Article
Decades of NAR membership data has vanished amid enrollment dip
Each month, the trade group publicly reports the size of its ranks and other data on its official website. But as recently as this month, state-by-state and national data is nowhere to be found....
Read Full Article
Sign a buyer brokerage agreement to see a property? No way!
Buyers and sellers are confused about the new rules of the road. Trainer Bernice Ross and Jeff Lobb discuss how agents can change up the conversation and add clarity and confidence....
Read Full Article
Will listing agents have the upper hand post-NAR settlement? Pulse
Share your back-in-the-saddle, boots-on-the-ground perspectives now that NAR's settlement has received preliminary approval....
Read Full Article