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Pending Home Sales Show No Change in September
Pending home sales in September showed no change from the prior month and fell 0.9% year-over-year, according to the National Association of Realtors® (NAR) Pending Home Sales Report. The report provides the real estate ecosystem, including agents and homebuyers and sellers, with data on the level of home sales under contract. Month-over-month and year-over-year pending…
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Mortgage Applications Grow for First Time in Weeks, Ahead of Second Fed Decision
After four weeks of consecutive drops in activity, mortgage applications break the streak with gains for refinance and purchase applications. The Mortgage Bankers Association (MBA) reports that the market composite index—the measure of mortgage loan activity volume—increased 7.1% on a seasonally adjusted basis for the week ending Oct. 24. The index increased at nearly the…
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A New Client Niche: Luxury Agents Speak on Home Shopping With Content Creators
As people continuously rely on digital platforms in the age of social media, new careers have found their way into the market. These new careers have ramifications in real estate, as it opens up new avenues for home shopping—and new ways for agents to build their business. Digital platforms designed to share and spread content…
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