Real Estate News
The interest rate on a 30-year loan has averaged above 7% for four consecutive weeks. It’ll have to come down significantly for most prospective buyers to return to the market, a new survey shows.
The association says it will continue to defend pro-competitive, pro-consumer local MLS broker marketplaces after one co-defendant settles.
Content sponsor Iron Valley Real Estate explains when it may be beneficial to buy leads—even if only temporarily—to jumpstart your business.
“The lack of movement is discouraging to home buyers who are also facing higher home prices,” says NAR economist.
The potential for further increases is on the horizon as homebuyer demand remains resilient. Read more from NAR’s latest report.