Don’t Skip Having an Open House
Open houses can generate traffic, widen the pool of potential buyers, shorten the decision window and support stronger offers, plus reinforce buyer trust.
Average U.S. 30-Year Mortgage Rate Rises to 6.3%
Ending a 3-week slide, it’s up from 6.23% last week, but lower than the 6.76% a year ago. The 15-year FRM rose to 5.64%; it was 5.58% last week and 5.92% a year ago.
Key Inflation Gauge at Highest Level in 3 Years
Prices rose 3.5% compared to a year ago, pushing inflation further away from the Fed’s 2% target, likely leaving interest rates on hold at least for now.
NAR Supports Bipartisan Broadband Bills
Several broadband-focused bills passed by the U.S. House aim to expand high-speed internet access, helping to unlock housing demand in rural and underserved areas.
USPS Financial Woes May Put RE Deals at Risk
Real estate transactions may rely more on physical mail and delivery timelines than agents realize, creating potential exposure if postal service disruption worsen.
Home Building Shows Signs of Stabilization in March
Housing production bounced back in March as builders increased starts despite headwinds. Overall starts rose 10.8% to a seasonally adjusted pace of 1.5 million.
Florida Consumer Sentiment Weakens in April
For the second month in a row, Floridians are feeling less confident about their finances, with higher gas prices, other rising costs and accelerated inflation.
After Real Purchase, RE/MAX HQ May Move to Florida
In an $880M deal, the Florida-based Real Brokerage will acquire RE/MAX Holdings and brand, forming the new Real REMAX Group, a “tech-enabled global platform.”
U.S. Consumer Confidence Edged Up in April
Consumers’ income expectations were slightly more optimistic and their perceptions of the labor market improved, but otherwise little else changed from March.
How to Maximize a Real Estate Investment
To get the most out of the investment, prioritize location, think about return on investment when doing renovations and sell a home at the right time.