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Black households led first-time homebuyer market in 2024
Mortgage Rates Decrease Slightly, Remain Just Under 7%
Mortgage rates continued their downward trend, as the average 30-year mortgage rate decreased from 6.87% last week to 6.85% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “The 30-year fixed-rate mortgage has stayed just under 7% for five consecutive weeks and in that time has fluctuated less…
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Transforming the Real Estate Transaction Process
Above, Nicole Rideout Hartwick Nicole Rideout Hartwick, president of Gibson Sotheby’s International Realty, thrives on creating connections—between people, places and possibilities. Over the past five years, her guidance has steered the firm through remarkable growth across New England, fueled by a commitment to innovation and client-first strategies. Among the tools embraced under her leadership is…
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Slight Decline in Forward-Looking Economic Indicators, Index Shows
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, declined by 0.3% in January 2025 to 101.5, after a 0.1% increase in December 2024 (upwardly revised from an initially estimated decline…
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Brennan JV to Build Industrial Project Near US-Mexico Border - Commercial Property Executive
Keller Williams Housing Market Outlook: Uncertainty Abounds, Slow Market Could Drag Out
Above: Gary Keller (in black), Jay Papasan and Jason Abrams on stage for Keller Williams’ Family Reunion event in Las Vegas on Tuesday, Feb. 18 (photo courtesy of Keller Williams) Housing industry leaders at Keller Williams project U.S. home sales will remain at historically low levels this year, though prices will stabilize despite affordability challenges.…
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Key Fed Member Says Financial Institutions Need to Understand Full Potential of AI
At a speech this week on the potential impacts of AI on the financial markets, Michael Barr—the Fed’s current vice chair for supervision—spoke on the dangers of generative AI, but acknowledged both the opportunities and risks—and its potential to change productivity, labor markets and the economy. Barr, who announced he would be stepping down from…
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Crye-Leike brokerages are all 1 entity, Gibson plaintiffs tell court
Op-Ed: Breaking the Chains: Reforming the Industry for Brokers and REALTORS®
The real estate industry is built on the dedication and perseverance of countless brokers and REALTORS® who navigate a labyrinth of rules, fees and systems to serve their clients. Yet, behind the scenes, many of us feel trapped in a system that prioritizes institutional control over the needs of professionals and consumers. After years of…
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