Category Archives: Real Estate

Spring Homebuying Season Falters Amid Rising Mortgage Rates

Homebuying

This spring’s homebuying season shifts with rising mortgage rates, urging a cautious market approach due to unexpected trends. Analysts predict a March downturn in existing-home sales and new-home construction indicators. Builders’ Confidence Wanes In a press release on Monday, the National Association of Home Builders disclosed renewed hesitation among home purchasers. Builder confidence, on a […]

Real Estate Stocks Plunge Amid Rate Cut Speculations

Real Estate Stocks Plunge Amid Rate Cut Speculations

Amid heightened speculation of an imminent interest rate cut, real estate stocks plunged in Wednesday’s volatile S&P 500 session. Thriving on eased interest rates, the sector now faces vulnerability to broader economic and market dynamics, introducing risks. Concerns heightened as traders adjusted their positions in anticipation of a rate cut at the Federal Reserve’s March […]

Home Sales in Canada Rebound with a Remarkable 8.7% Surge in December

Home Sales in Canada Rebound with a Remarkable 8.7% Surge in December

Home sales in Canada experienced a significant rebound in December, breaking a six-month downward trend. On Monday, the Canadian Real Estate Association reported an 8.7% rise in home transactions from the previous month. This marks the first positive movement since June. Prospect of Lower Borrowing Costs The prospect of lower borrowing costs encourages buyers, who […]

RE/MAX becomes the third prominent company to disassociate from the National Association of Realtors (NAR)

Remax disassociate from NAR by Wall St Jnl

Wall St Jnl, Raleigh NC: Remax disassociate from NAR, while revealing the specifics of its resolution in the groundbreaking commission lawsuits, the franchisor stated that agents and brokerages “possess the autonomy to establish and/or haggle over commission rates as they deem appropriate.” Announcing the particulars of its settlement in the groundbreaking commission lawsuits, the franchisor […]

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