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Instant Reaction: Mortgage Rates, September 28, 2023
Instant Reaction: Mortgage Rates, September 28, 2023 The 30-year fixed rose this week to 7.31% from 7.19%, the highest level since December 15, 2020. By: Jessica Lautz Mortgages & Home Financing
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Pending Home Sales Tumbled 7.1% in August
Pending Home Sales Tumbled 7.1% in August Pending home sales fell 7.1% in August 2023, with rising mortgage rates and low inventory reducing the pool of home buyers. Media Contact: Lauren Cozzi 202-383-1178
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September 2023 Commercial Real Estate Market Insights
As low-interest loans mature at higher rates, all commercial real estate sectors face challenges. Higher vacancy rates and slower rent growth remain the dominant trends of the current market.
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NAR Supports SAFER Banking Act
NAR Supports SAFER Banking Act The SAFER Banking Act promotes safety and ensures economic expansion while providing clarity for professionals associated with the cannabis industry. Media Contact: Tori Syrek Commercial & Investment Real Estate, Impact of Legalized Marijuana, Retail Properties
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August 2023 Foot Traffic
Nationally, Sentrilock home showings were down 9% year-over-year in August 2023. Showings declined in all four regions of the U.S.
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NAR Aims to Protect NFIP as Government Shutdown Looms
The association has launched a targeted call to action to defend current and future flood insurance policy holders.
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Staying Safe in the Residential Real Estate World: A REALTORS® Guide
Recent data on residential REALTOR® safety looks at how professionals in the field are taking proactive steps to protect themselves while serving their clients.
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Commercial REALTOR® Safety: Protecting Yourself in an Uncertain World
The safety of commercial REALTORS® is a paramount concern, and understanding the measures taken to ensure it is crucial.