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August 14, 2022 Residential Real Estate No Comments

Housing Affordability Conditions Fade as Mortgage Rates Push Monthly Payments Higher in June 2022

The monthly mortgage payment increased by 5.3% in June 2022, compared to the prior month, while the median family income increased by 1.4%. www.nar.realtor – Research

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April 10, 2022 Residential Real Estate No Comments

Power Brokers Brace for Changing Conditions

While their collective sales volume was a staggering $ 2.4 trillion-plus in 2021, the Top 1,000 brokers ranked in RISMedia’s 2022 Power Broker Report are facing a very different landscape as this year progresses. According to the results of RISMedia’s annual Power Broker Survey, total sales volume for the top 1,000 firms in 2021 increased […]

August 4, 2021 Residential Real Estate No Comments

Outlying Counties of Metro Areas Show Stronger Housing Conditions Than in Central Counties

Home listings data from Realtor.com as of June 2021 indicates that housing demand in outlying counties of metropolitan areas is growing at a more robust pace than in the central counties, although both outlying and central counties are performing remarkably well compared to pre-pandemic conditions. www.nar.realtor – Research