Nonprofit business research organization The Conference Board released its latest Leading Economic Index (LEI)—which provides an early indication of significant turning points in the business cycle and where the economy is heading—showing a decline of 0.6% in March 2026, more than reversing its 0.3% increase in February. Overall, the LEI fell by 1.0% over the…
Mortgage rates bumped back up this week but overall remain in the low 6% range, contributing to a subdued but steady spring market, according to economists. The average mortgage rate ticked increased 7 basis points to 6.30%, up from 6.23% last week, and back to the same point from two weeks ago, according to the…
One day after plaintiffs in the largest buyer-focused lawsuit sought to block the National Association of Realtors®’ (NAR) $52 million settlement, a federal judge has curtly denied the request, pointing to her previous ruling when the same plaintiffs tried to prevent Anywhere from striking a similar settlement. “Plaintiffs’ motion for preliminary injunction as to Defendant…
Jerome Powell’s reign at the Fed may be at its end, but he’s not going anywhere. On Wednesday, the Federal Reserve held interest rates steady at its April Federal Open Market Committee (FOMC) meeting, leaving the federal funds rate unchanged at a rate of 3.5%-3.75% for the third straight month since December’s quarter-point cut. And…
Leading Real Estate Companies of the World® has announced that America’s Preferred Home Warranty (APHW) has joined its Solutions Group program of preferred business resources for its global network of 550 market-leading real estate firms. According to the company, APHW offers flexible home warranty services that give homeowners more control over home repairs and help…
Above: John Clidy. In today’s real estate environment, agents have more choices than ever. New models promise higher splits, fewer fees and more independence. On the surface, that sounds good. But when you step back and look at what actually drives success, productivity, profitability and sustainability, the conversation changes. The agents who consistently win are…
Mortgage applications decreased this week but economists say homebuying sentiment has improved over this time last year thanks to an increase in homes on the market. According to the latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage loan activity volume and includes purchases and refinances—decreased 1.6% on a seasonally adjusted…
The data giant CoStar Group, operator of Homes.com and Apartments.com among other real estate businesses, set a confident atmosphere during its Q1 2026 earnings call; Founder and CEO Andy Florance touted “60 consecutive quarters of consistent, double-digit revenue growth” during the earnings call and the corresponding press release. Citing its ongoing success, CoStar shared plans…
Homebuilders appear to be showing some signs of measured optimism as new construction showed significant gains against the tide of market challenges and the ongoing conflict with Iran, according to the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau. The New Residential Construction report for March (which also…
Lawyers who launched the original buyer lawsuits—making largely the same accusations as Burnett but claiming homebuyers suffered harm—will seek to block the National Association of Realtors® (NAR) from striking a deal in a copycat case, asking a federal judge to block that deal based on what they describe as a “reverse auction.” In a filing…
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