National News

NAR’s annual conference and expo comes to Boston

More than 10,000 Realtors are expected to attend the NAR NXT, The REALTOR® Experience event being held Nov. 8-10

How to sell a home that’s — allegedly — full of ghosts

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.

Case-Shiller: Home prices hit all-time high again in August, but rate of increase slowed 

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. 

New-home sales post surprise gain in September 

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. 

NAR: Existing-home sales dip again in September 

Sales slid 1% compared to August, the National Association of REALTORS® said. 

Mortgage rates tick higher for the third straight week

The average 30-year fixed mortgage rate climbed to 6.44%. 

Single-family housing starts increase for the second month in a row 

Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.    

RE/MAX: Pace of home sales slides in September as summer-selling season ends  

At the same time, the median-sales price declined from August, according to the RE/MAX National Housing Report. 

Bridging the brain divide: How agents can connect with neurodivergent clients

Real estate agents cannot ask clients about a diagnosis … So, how can you best serve neurodivergent clients?

Buying a starter home is more affordable; first annual drop since 2020

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.

Pending home sales snap back in August 

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.    

New-home sales dip in August but beat expectations 

The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000. 

NAR: Home sales dip in August  

The 2.5% decline followed a 1.3% increase in July, according to the National Association of REALTORS®. 

Fed cuts interest rates for first time in four years

Mortgage rates have been dropping in recent weeks in anticipation of the Fed’s move.

What agents should know about expected Fed rate cuts

The expectation of a rate cut this week, and the potential for more later in the year, has already moved mortgage rates lower.

Rate’s Spanish-language digital platform eclipses 10,000 mortgage applications

Rate introduced its Spanish-language mortgage process in 2022.

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