March
Consumer Confidence Sees Little Change in March
Consumer confidence saw little movement in March, falling slightly from 104.8 in February to 104.7, according to the latest data from The Conference Board. This follows a large drop in February, which was a shock after January’s two-year high. “Confidence rose among consumers aged 55 and over but deteriorated for those under 55,” said Dana… […]
March 2023 Foot Traffic
Home showings declined in all regions of the U.S. in March 2023: the Northeast region (-25%), Midwest (-19%), West (-18%), and the South (-11%). www.nar.realtor – Research
The March Issue of Real Estate Magazine Is Now Live
The March issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at what makes RE/MAX the powerhouse it’s grown to be in the industry, along with thoughts and advice from women leaders in real estate, an interview with Pillar To Post Franchise… […]
Podcast: Charting the Long March to Equality, Justice, and Joy
NPR featured NAR’s Vice President of Policy Advocacy Bryan Greene in a 40-minute interview on how his 2017 article inspired the Oscar-winning film, “Summer of Soul.” Listen to the podcast. www.nar.realtor – Fair Housing
Existing-Home Sales Slip 2.7% in March
Existing-Home Sales Slip 2.7% in March Month-over-month, sales in March 2022 waned in three of the four major U.S. regions while holding steady in the West. Media Contact: Quintin Simmons 202-383-1178
Instant Reaction: Mortgage Rates, March 31, 2022
Mortgage rates surged for the fourth straight week, rising to 4.67% from 3.76% in the first week of March 2022, significantly increasing borrowing costs for buyers. www.nar.realtor – Research
Instant Reaction: Jobs, March 4, 2022
The employment gap between current conditions and pre-COVID days is narrowing, with only 2.5 million more jobs needed to get there. www.nar.realtor – Research
National Delinquency Drops Below March 2020 Level for the First Time Since Onset of the Pandemic
Another good indicator of a strong economy, was revealed in CoreLogic’s monthly Loan Performance Insights Report for November 2021. In November, 3.6% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3-percentage point decrease compared to November 2020, when it was 5.9%. […]
Stimulus and Vaccinations Boost Q1 GDP and March Savings
Economic and Housing Weekly Note – April 30, 2021…(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it. Around The Web