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Broker Spotlight: Randel Jones, RE/MAX Preferred
Find out how this collaborative leader and mentor has led his New Jersey brokerage through every type of market shift, from booms to downturns, while adapting, evolving and continuing to grow.
Leading Economic Indicators Fall Further, but Headwinds Have ‘Moderated’
The Conference Board Leading Economic Index (LEI), which measures indicators of significant turning points in the business cycle and where the economy is headed in the near term, posted yet another decline for the month of February, to the tune of 0.3%. After a 0.2% decline in January (upwardly revised from 0.3%), the index continued…
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Existing-Home Sales Rise in February; Outlook Positive for Year Ahead
After a slightly disappointing start to 2025, existing-home sales data reversed in February, seeing a rise in line with what was observed throughout much of the latter part of 2024. Existing-home sales rose 4.2% from a rate of 4.08 million in January to 4.26 million in February, according to the latest data from the National…
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CoStar advances talks to purchase REA Group competitor Domain
CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nine’s target price is AUD 2.79 billion.
The strong economic case for decarbonization in real estate - World Economic Forum
The strong economic case for decarbonization in real estate World Economic Forum
US home sales rose in February as mortgage rates eased and more homes put up for sale - WDAF FOX4 Kansas City
US home sales rose in February as mortgage rates eased and more homes put up for sale WDAF FOX4 Kansas City
Mortgage Rates Remain Steady
Mortgage rates remained steady this week, in a holding pattern in the mid-sixes now for several weeks. The latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.67%, up slightly from last week’s average of 6.65%. “The 30-year fixed-rate mortgage has stayed under 7% for nine…
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Judge allows Hanna Holdings buy-side commission case to continue
Homebuyer plaintiffs allege Hanna Holdings conspired to inflate commissions and that buyers are ultimately the ones who pay through higher home prices. A mixed ruling on Tuesday will allow case to move forward.
Average US rate on a 30-year mortgage rises slightly for the second week in a row - The Morning Call
Existing-home sales rebounded in February amid inventory uptick
As buyers cautiously reentered the market, existing-home sales rose 4.2 percent from January to 4.26 million, according to data released Thursday by NAR. Compared to last year, sales remained down by 1.2 percent.
