News

News

Contact Us

Email to:

Hero Image

10 Percent and Falling: Housing Inventory Keeps Shrinking

Buyers are being challenged by diminished inventory and mounting prices, especially in areas with crisis-level supply, according to the December Zillow® Real Estate Market Report. Inventory is down 10 percent from last year—a three-year trend—and, in the buzziest markets, as much as 40 percent. Construction costs are exacerbating the issue, says Aaron Terrazas, senior economist […] Read More

January 21, 2018
>

Achieving Financial Wellness in 2018 and Beyond

Financial security during your working years, and in retirement, is a top priority for every member of the National Association of REALTORS® (NAR). However, since most members work as independent contractors, or brokerage owners/managers, they don’t have access to employer retirement savings plans, making it especially challenging to plan for long-term financial security. Many REALTORS®, […] Read More

January 19, 2018
>

Average 30-Year Mortgage Rate Charges Above 4 Percent

The average 30-year, fixed mortgage rate charged to 4.04 percent this week, up from 3.99 percent the week prior, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The 15-year, fixed rate averaged 3.49 percent, up from 3.44 percent the week prior, while the five-year, Treasury-indexed hybrid adjustable rate averaged 3.46 percent, the same as […] Read More

January 19, 2018
>

David Caveness: Creating Opportunities for Agents

David Caveness, president and CEO of Carpenter REALTORS®, received RISMedia’s National Homeownership Award this past November during the 22nd Annual Power Broker Reception & Dinner, held in conjunction with the 2017 REALTORS® Conference & Expo. An honor brought about thanks in large part to Caveness’ 43-plus years of excellence in the business, the National Homeownership […] Read More

January 19, 2018
>

Home Remodeling Spending to Stay Strong

Home remodeling spending is expected to stay strong in 2018, up 7.5 percent from last year, according to the latest Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. “Steady gains in the broader economy, and in home sales and prices, are […] Read More

January 19, 2018
>

Builder Confidence Going Strong

Home builder confidence in the new, single-family construction market is going strong, despite dialing back in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading for January was 72, just two points under a spike in December. An above-50 reading indicates more builders have a positive outlook than […] Read More

January 18, 2018
>
X

Contact us, we want to hear from you.