The Chinese government has pledged support for state-owned entities that will allow them to buy unsold apartments.
Category: Markets & Economy
7 reasons great real estate agents will always be needed
Now is the time to expand your skill set, broaden your knowledge and provide value at a higher level than you’ve ever provided, Jimmy Burgess writes, so that you won’t just survive, you’ll thrive.
Back in growth mode, Better is hiring again but still in the red in Q1
The lender boosted mortgage volume 25 percent from Q4 but suffered a $51 million loss, according to Q1 earnings data on Tuesday. CEO Vishal Garg said Better’s future “lies in Uberizing the loan officer.”
Bad at math? Let David Childers illuminate the latest data
Keeping Current Matters CEO David Childers and Jimmy Burgess discuss why a relevant market opinion based on facts, not fears, is key for educating consumers and navigating industry changes.
Rates ease as Fed says it will dial back balance sheet tightening
Federal Reserve policymakers say they’ll slow the pace of “quantitative tightening” to $40 billion a month, less than half the pace envisioned 2 years ago.
Is NAR a net-positive? It depends if you ask an agent or a broker: Intel
These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively.
Anywhere’s revenue holds steady in Q1 amid ‘tough’ housing market
Generated revenue remained flat at $1.1 billion from the same period a year ago while the franchisor improved net losses by 27 percent year over year to a loss of $101 million, according to a Thursday earnings call.
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.
Luxury home prices have reached new heights: Redfin
With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth.
Existing-home sales drop in March as high rates stun homebuyers
Existing-home sales retreated 4.3 percent between February and March to a seasonally adjusted annual rate of 4.19 million, according to data released Thursday by the National Association of Realtors.