Construction Weakness Continued in March
Fri, 19 Apr 2019 11:44:04 GMT
According to a estimates from the U.S. Housing and Urban Development and Commerce Department, single-family starts continued to show weakness in March.
NAR Slapped With Second Class-Action Lawsuit
Fri, 19 Apr 2019 11:43:31 GMT
The suit, filed in the Northern District of Illinois on Monday by Minnesota-based corporation Sawbill Strategic, alleges that NAR, Realogy, HomeServices of America, RE/MAX and Keller Williams violated federal antitrust laws by requiring property sellers to pay the buyer’s broker an inflated fee.
Developers Look to Farmers to Cultivate Home Buyers
Fri, 19 Apr 2019 11:42:41 GMT
Rancho Mission Viejo, which is being built out in phases, includes 45 raised planting beds, 60 fruit trees, and 2,000 citrus trees that line a major street that passes through the community.
Mortgage Rates Continue to Rise
Thu, 18 Apr 2019 11:18:20 GMT
Freddie Mac reports 30-year fixed-rate mortgage averaged 4.17 percent with an average 0.5 point for the week ending April 18, 2019, up from last week when it averaged 4.12 percent.
Retail Sales, Jobless Claims Brighten Economic Outlook
Thu, 18 Apr 2019 11:17:45 GMT
U.S. retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic growth picked up in the first quarter after a false start.
CRMLS Largest In The Nation
Thu, 18 Apr 2019 11:17:13 GMT
The California Regional MLS (CRMLS) topped this year’s list. It boasts a membership of 96,203 and is the largest MLS in the nation.