Requests to refinance are up 40 percent from a year ago, but uncertainty "continues to hold homebuyers out of the market," Mortage Bankers Association economist Joel Kan said Wednesday.
CEO Robert Reffkin said the real estate brokerage doesn't consider 'any national NAR MLS rule impacting clients as binding,' but will continue to train agents to comply with local MLS rules
Robust new construction activity and subdued homebuyer demand has led to an inventory boom in 22 of the 50 largest markets, with metros in the South and on the West Coast seeing active inventory double compared to 2019.
"Chairman Powell needs to be investigated by Congress immediately," the FHFA director said in a statement on Wednesday. Pulte and President Donald Trump have been trying to pressure Powell to resign amid high interest rates.
For women looking to reclaim their independence after divorce, a career shift or personal upheaval, real estate can offer more than just income, Melanie Klein writes.