Sat.Nov 02, 2024

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Why home prices are holding steady despite higher rates

Housing Wire

Home prices have remained firm over the last two months, even with higher mortgage rates and inventory data. Our weekly tracker data is created to look ahead of the traditional monthly reports such as Case Shiller and the NAR existing home sales report, and what I have seen over the past few weeks has shocked me. I want to show you how the data changed with mortgage rates heading toward 6% so the next time this happens, we have a better idea of what to expect in the housing market.

Inventory 511
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A year after Sitzer/Burnett, are the biggest impacts yet to come?

Real Estate News

A lot has happened — leadership changes, settlements, new rules — but some say it's still too early to know how the landmark verdict will affect the industry.

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Will the NAR settlement make it to the closing table? The Download

Inman

As the Nov. 26 hearing for final approval of the National Association of Realtors commission lawsuit settlement approaches, voices from all sides are questioning its wisdom.

Realtors 164
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Brokerage Beat: ERA and C21 affiliations; an NFL career change

Real Estate News

Twin Cities and Houston-area independents embrace the Anywhere family of brands; NFL'er joins Douglas Elliman's luxury division; Christie's expands in the Alps.

Brokerage 218
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The power of perseverance: Rebuilding strength amid crisis

Inman

Harness the power of perseverance to move forward and support our communities as they rebuild from recent natural disasters, coach Darryl Davis writes.

Agents 147
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Can modular homes help solve the affordability problem?

Real Estate News

Decades of underbuilding have led to low supply and high home prices. Is it time to take a closer look at modular construction, which can be faster and cheaper?