National News
More than 10,000 Realtors are expected to attend the NAR NXT, The REALTOR® Experience event being held Nov. 8-10
Four bedrooms, 2.5 bathrooms, original wood flooring … and a pattern of paranormal activity. These are the features agent Heather Bland had to manage when overseeing the sale of Whispers Estate — one of the Midwest’s most haunted homes.
The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs.
The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Sales slid 1% compared to August, the National Association of REALTORS® said.
The average 30-year fixed mortgage rate climbed to 6.44%.
Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.
At the same time, the median-sales price declined from August, according to the RE/MAX National Housing Report.
Real estate agents cannot ask clients about a diagnosis … So, how can you best serve neurodivergent clients?
The amount a homebuyer needs to earn to afford a median priced starter home is down 0.4% from last year, marking the first annual decline since August 2020.
The latest reading of the National Association of REALTORS® Pending Home Sales Index shows a return to month-over-month growth after a decline in July.
The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000.
The 2.5% decline followed a 1.3% increase in July, according to the National Association of REALTORS®.
Mortgage rates have been dropping in recent weeks in anticipation of the Fed’s move.
The expectation of a rate cut this week, and the potential for more later in the year, has already moved mortgage rates lower.
Rate introduced its Spanish-language mortgage process in 2022.