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S&P 500 dips in afternoon trading as bond yields surge: Live updates  CNBC

Almost exactly a year ago, National Association of REALTORS® (NAR) Chief Economist Dr. Lawrence Yun first coined the term “housing recession” to describe the swift, sharp decline in real estate markets all over the country, as the Federal Reserve raised rates and spiraling inflation stung consumers. This week, with inflation seemingly under control and housing…

The post Housing Recession ‘Essentially Over,’ Says NAR Economist appeared first on RISMedia.

With fewer houses being bought and sold in 2023 compared to last year due to mortgage rates continuing to hover close to 7%, and inventory issues also a continuing theme, staying profitable while retaining top agents and recruiting new ones is as challenging as ever for brokerages nationwide.  This September, four dynamic brokerage leaders will…

The post CEO Exchange Preview: The State of Real Estate – The Broker Perspective appeared first on RISMedia.

Normally, a $20 million quarterly net loss wouldn’t be grist for positive spin, but Offerpad spun it that way, citing trimmed losses and a greater number of homes acquired in the second quarter as progress after selling most of the older homes in its inventory.  In its latest earnings report on August 2, the iBuyer…

The post Offerpad Sees Progress as Q2 Net Loss Lower Than Previous Quarters appeared first on RISMedia.

The 30-year fixed-rate mortgage (FRM) averaged 6.90% this week, up for the second week in a row from last week’s 6.81%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday.  This week’s numbers:  30-year fixed-rate mortgage averaged 6.90% as of August 3, 2023, up from last week when it averaged…

The post Mortgage Rates Continue Edging Toward 7% appeared first on RISMedia.

ERA Real Estate has expanded its brand in Indiana with the affiliation of ERA Crossroads, the company has announced. Founded in 2004, the Fort Wayne-based full-service brokerage is led by Mary Sherer and her daughter Mandy McVey.  “Not only has Mary built an impressive business over her three decades in the real estate industry, she…

The post ERA Brand Expands in Indiana appeared first on RISMedia.

Will Sweden's Woes Shake Europe's Real Estate Markets?  AllianceBernstein

Will Sweden's Woes Shake Europe's Real Estate Markets?  AllianceBernstein

Freddie Mercury Composed ‘Bohemian Rhapsody’ on This Piano. It Could Fetch $4 Million at Auction.  Robb Report

London-area real estate market barely budged in July  LondonNewsToday.ca

London-area real estate market barely budged in July  Blackburn News

London-area real estate market barely budged in July  CKNewsToday.ca

Amazon, Volkswagen bolster 'recession proof' London and St ...  CTV News London

Redfin Adds Wind Risk Data for U.S. Homes  Redfin News

The Real Estate Top Performers share how you can sell your home ...  WUSA9.com

China's Housing Market Is so Bad People Are Rushing to US to Buy a Home  Markets Insider

The popular vacation-rental platform dragged down the results of its parent company Expedia Group in the second quarter of the year, according to an earnings call Thursday.

CIVITAS ANNOUNCES SECOND SALE-LEASEBACK WITH ...  PR Newswire

Meloni's party proposes levy to fund cap on Italian mortgage rates  Reuters

Germany's real estate prices halt downward trend  Xinhua