NAR Will Plant One Tree for Every Realtor
A tree will soon symbolize your Realtor membership. In partnership with the National Forest Foundation, NAR will plant more than 1.5M trees by 2025.
Top RE Industry Players Discuss Affordable Housing
NAR and other real estate groups met at the White House Wed. for a “candid discussion” on construction, zoning reforms, financing expansion and tax incentives.
Roller Coaster Ride for Fla. ‘Insurer of Last Resort’
Fla. wants to minimize the number of policies in state-operated Citizens Property Ins., but the number has skyrocketed and plunged over its two-decade existence.
iBuyer Opendoor Reports Losses as Markets Shift
When home prices were rising, the iBuyer made “easy profits,” but some think its losses now – 42% of all its Aug. sales – mirror Zillow’s failed iBuying venture.
Fed Message: Inflation Fight May Cause Recession
Fed Chair Powell hoped for an economic soft landing but said it’s increasingly unlikely. “I wish there were a painless way to (get inflation down),” he said. “There isn’t.”
Long-Term Mortgage Rates Climb to 6.29%
The average 30-year, fixed-rate mortgage didn’t spend much time hovering around the 6% mark. It rose 0.27 percentage points this week, up from last week’s 6.02%.