As 2026 moves forward amid rising inflation and a fairly soft labor market, are leading indicators pointing to a better near-term economy? The nonprofit research firm The Conference Board’s latest monthly Leading Economic Indicators report found a slight decline as the Board’s Leading Economic Index hit 99.1 in June, a 0.2% downturn compared to the…
Economists say renewed doubt about a resolution to the war in Iran kept Treasury yields and thus mortgage rates elevated this past week with the average 30-year hitting its highest point since August of 2025. The average 30-year fixed mortgage rate (FRM) rose 6 basis points to 6.55% from 6.49% last week, and the 15-year…
The post Mortgage Rates Hit Highest Level Since August 2025 appeared first on RISMedia.
Editor’s note: this is the first of a two-part series on AI recommendations for agents. Look for part two in the coming days. When a prospective buyer asks someone they trust who is the best real estate agent to help them transact, you want your name to be the first one mentioned. What happens when…
The post AI Recommended These Agents. We Asked Them Why—And Whether It Matters appeared first on RISMedia.
Despite positive news for the building sector with the recent passing of the 21st Century Road to Housing Act, this month’s homebuilder confidence report dropped again for the second month and has remained in negative territory for its longest stretch since 2012. According to this month’s National Association of Home Builders (NAHB)/Wells Fargo Housing Market…
Existing home sales in July may not shape up to be as strong as the industry wants, looking at the latest pending sales data from the National Association of Realtors® (NAR). However, economists are not despairing just yet, as 2026 has proven to be more resilient than years past. NAR’s Pending Home Sales report saw…
Mixed signals continue coming from the U.S. housing market, as the Mortgage Bankers Association (MBA) reported this week that home-purchase applications decreased for a second week while refinances increased, even as rates hit their highest point since August of last year. The latest Market Composite Index from the MBA—its measure of mortgage loan activity volume…
While 2026 has been thrown some curveballs almost no one could predict, the market this year has remained resilient as most housing indicators point to slight improvements. However, many markets are outpacing broader trends, largely due to limited inventory and high competition. As we pass through the halfway point for the year, how have the…
Todd Luong knows all the usual gripes regarding the current state of residential real estate, and is quick to shrug his shoulders. Elevated mortgage rates? No big deal. Limited inventory? Whatever. High home prices? Get serious. As with so many other industry professionals, those factors can affect sales for the longtime agent with REMAX DFW…
In yet another major escalation in its effort to re-shape the foundations of real estate, Compass filed a cascade of state-level ethics complaints Tuesday through 30 Realtor associations, at least 50 MLSs and real estate regulators across 26 states, targeting Zillow and focusing on allegedly misleading property designations on listings. A source with direct knowledge…
According to a regulatory filing yesterday, Real’s bid to purchase REMAX for $880 million is moving forward—as far as the Department of Justice (DOJ) is concerned—with a waiting period created to allow antitrust review of big corporate mergers passing today. In the statement filed with the Securities and Exchange Commission (SEC), Real said that the…
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