“While home sales remain sizably lower than a couple of years ago, January’s monthly gain is the start of more supply and demand,” said Lawrence Yun. “Listings were modestly higher, and home buyers are taking advantage of lower mortgage rates compared to late last year.” #NAREHS
An additional 16,500 people are eligible for the expanded Property Tax/Rent Rebate Program. Learn more & file online at https://t.co/WWEwQpb1Fp. Need help? Call my district offices & make an appointment & my staff will be happy to assist.
Strengthen your knowledge of real estate trends with the latest housing market data and economic information in a new, accessible NAR report. https://t.co/KB1NErRLic
The Federal Reserve’s continual interest rate hikes are freezing lending activity, which undermines efforts to build homes and relieve inventory, says NAR’s Lawrence Yun and NAHB’s Robert Dietz.
The REALTORS® Legislative Meetings kicked off today with members from around the country coming together to learn how REALTORS® are leading efforts to expand access to homeownership, find out what’s next in banking policy, and gain valuable fair housing insights. #NARLegislative
Mortgage rates continued their upward trek this week. According to Freddie Mac, the average rate on a 30-year fixed mortgage rose to 6.73% from 6.65% the previous week. However, rates may rise even further in subsequent weeks. https://t.co/X6ujwOL5Ko