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Low mortgage rates are propping up economy and propelling growth

USA Real Estate News-Inman - Thu, 2020-10-29 11:13
The average rate for a 30-year, fixed-rate mortgage was 2.81 percent, a shave higher than last week's historic low of 2.8 percent, according to Freddie Mac's weekly Primary Mortgage Market Survey.

Residential investments push US GDP up 33.1% in the third quarter

USA Real Estate News-Inman - Thu, 2020-10-29 10:43
According to the Commerce Department, the GDP rose 33.1 percent in the third quarter of 2020, due to increased consumption and residential investments.

Thoughts on Leadership: The Mindset of Neutrality

USA Real Estate News-RISMedia - Thu, 2020-10-29 10:29

One of my preferred ways to recharge is by watching my favorite sports teams compete. Sports has so many parallels to business—it’s why I so often write about inspiring NFL coaches or top players on this blog. In business, your goal is to win and in sports, your goal is to win. I also see parallels between sports, business and being a parent. You lift up your family. You lead them when necessary and you ensure every member of your family finds success, just as you would with a business or sports team.

Pending-home sales take 2.2% hit

USA Real Estate News-Inman - Thu, 2020-10-29 09:46
The National Association of Realtors' Pending Home Sales Index dropped 2.2 percent, to 130, in September after four consecutive months of contract activity growth.
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