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Mortgage Rates Continue to Hover Around 6.5% for Sixth Straight Week
As pending sales and existing home sales showed modest improvement in May, economists say despite mortgage rates remaining around 6.5%, homebuyers seem to be adapting to the current environment. The average 30-year fixed mortgage rate increased 2 basis points to 6.49% from 6.47% last week, according to the latest Primary Mortgage Market Survey® (PMMS®), released…
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AI voice cloning is here — and it’s coming for real estate closings
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Fed-Favored Inflation Measure Posts Largest Annual Increase in Three Years
The Personal Consumption Expenditures (PCE) price index increased 0.7% in May, as the economy continues to absorb tariff impacts and Iran war-related disruption. Excluding food and energy (so-called “core inflation”), the headline PCE price index increased by 0.3%, according to the latest report from the Bureau of Economic Analysis. Year-over-year, the PCE price index increased…
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Bess Freedman: Real estate is falling for the Madoff playbook
Flood-prone counties lost residents at double last year’s rate
Glenn Kelman joins venture capital firm Greylock Partners
NAR Reports Realtors Remain Resilient Through Tides of Change
Even with continued challenges in the housing market, 75% of Realtors® are “very certain” that they will remain active in real estate for at least two more years, according to the National Association of Realtors®’ (NAR) 2026 Member Profile of its 1,438,569 current members. NAR’s report identified a resilient batch of members, who saw a…
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NAR Reports Realtors® Remain Resilient Through Tides of Change
Even with continued challenges in the housing market, 75% of Realtors® are “very certain” that they will remain active in real estate for at least two more years, according to the National Association of Realtors®’ (NAR) 2026 Member Profile of its 1,438,569 current members. NAR’s report identified a resilient batch of members, who saw a…
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London to Riyadh: A Guide to Non‑Saudi Property Ownership - Arabisk London
Consumers Say Buying Is Preferable to Renting for First Time in Years
For the first time since 2023, more than half of consumers say that buying a home is a better option than renting, per the latest findings from Bank of America, a potentially positive sign for the near-future housing market amid broader economic uncertainty. The bank’s 2026 Homebuyer Insights Report found that 53% of 2,000 respondents…
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