Housing Wire
MAY 4, 2024
My model for inventory growth with higher mortgage rates came crashing down last week. After two weeks of significant increases , inventory growth slowed dramatically and is far from my 11,000-17,000 growth model with mortgage rates over 7.25%. Did the recent dip in mortgage rates play a role here or is this the average choppy weekly data we have seen in past years?
Real Estate News
MAY 4, 2024
Andy Florance discusses the “transformative technology” and his plans to rapidly expand the company while rolling out generative AI features later this year.
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Inman
MAY 4, 2024
Real estate professionals have survived upheaval and change in the past, and we'll do so again, broker-owner Teresa Boardman writes, even if we don't yet know quite how.
Real Estate News
MAY 4, 2024
New CEO at Remine; CubiCasa adds products; Supra unveils new platform; NNRMLS teams with Lone Wolf; Listing Showcase expands; news from Cloze, Lundy, Vestaplus.
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Inman
MAY 4, 2024
Find out what Atlanta Realtor Nadine Lutz has learned about the wheel of life and how she serves clients with empathy and integrity.
Real Estate News
MAY 4, 2024
E&V opens in Mexico City; Corcoran gains 3 NFL pros; Side adds teams; largest woman-owned firm joins Real; William Raveis acquires S.C. indie; eXp Canada grows.
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Marco Santarelli
MAY 4, 2024
The burning question for many aspiring homeowners in 2024 is: when will houses become affordable again? The answer, unfortunately, isn't a simple one. The housing market is a complex beast, influenced by a mix of factors including: Inventory: Low supply and high demand have been the norm for several years, driving prices up. Interest Rates: Rising rates in 2022 and 2023 further squeezed affordability for many buyers.
Marco Santarelli
MAY 4, 2024
The housing market has thrown aspiring homeowners a curveball in 2024. After years of rock-bottom mortgage rates, inflation has come roaring back, sending rates sharply higher. This leaves many wondering: what will the next two months hold for mortgage rates? Mortgage rates for the next 2 months (May-June 2024) are likely to stay above 7% with some possibility of stability or slight dips.
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