Posts by John Yellig

Mortgage applications fall as interest rates rise

Meanwhile, the seasonally adjusted purchase index declined 6% from the previous week, the Mortgage Bankers Association...

Housing starts tick higher in June

Privately owned housing units authorized by building permits in June came in at a seasonally adjusted annual rate of 1,598,000, down 5.1 % from the revised May rate of 1,683,000, but 23.3% above the year-ago rate of...

NAHB: Builder confidence drops again on materials costs, supply-chain woes

July's reading of 80 was down one point from June, but still signaled strong demand for housing, the National Association of Home Builders...

Redfin: Housing market could be reaching something of an equilibrium

During the four-week period ended July 11, the average weekly share of homes for sale with a price drop passed 4% for the first time since September...

Mortgage applications surge 16% as interest rates fall

Meanwhile, the Mortgage Bankers Association's seasonally adjusted purchase index rose 8% from the previous...

Pandemic reshuffles homebuyers’ amenity priorities

Adjectives reflecting the desire for privacy and physical isolation gained a place of prominence: "private," "covered," "quiet," "separate" and "enclosed" were among the top 100 most-used description...

DOJ withdraws from antitrust settlement with NAR

The department determined that the settlement would not do enough to protect its ability to investigate other conduct by the association affecting competition in the real estate...

Opinions are not defamatory, but facts are: How to fight back against a bad online review

Taking proactive steps to deal with negative online reviews is essential for real estate agents. Here are some recommendations from the...

NAHB: Residential construction spending rises in May thanks to single-family sector

Strong growth of single-family construction spending drove the increase, while spending on multifamily construction was flat, the National Association of Home Builders...

S&P CoreLogic Case-Shiller: Home-price gains ‘truly extraordinary’

In Boston, the index jumped 2.5% month over month and 16.2% year over year. The monthly increase was slightly down from the 2.6% rise recorded in...

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