When rates go up, fewer buyers are in the market & first-time buyers stand a chance of purchasing. When rates are low, first-time buyers lose bidding wars. Big caveat: these first-time buyers have a higher income to be able to afford this market. uk.finance.yahoo.com/news/gen-z-you…

Mortgage rates dropped for the third consecutive week. The housing market remains competitive, but this does help buyers.

Love this James Rodriguez Business Insider
Recent convo w/a colleague: the restaurant is in xx neighborhood
Me: Never been to that neighborhood
Colleague: Its x street & y street
Me: Oh! You mean yy neighborhood. Right. I'm just using the old person name. businessinsider.com/america-dumb-n…

Just under a third of U.S. homeowners (30%) have bought a house alone. Affordability may be a hurdle, but these single buyers found a path to ownership. bankrate.com/real-estate/mi… Bankrate

So where do you fall? The last two days of economic news, was it positive, negative or just middling?

During a week when REALTORS fly-in to lobby Congress, it is great to have NAR Research in The Hill Home buyers are changing, but is the inventory in America here to support that change? Is housing affordability? thehill.com/changing-ameri…

Tomorrow morning, Lawrence Yun will discuss recent economic developments and their impact on the housing market, followed by a REALTOR® panel on “Messaging in the Madness” and a discussion with Jessica Lautz on “Messaging the Data.” #NARLegislative
legislative.realtor/event/resident…

Mortgage interest rates are at the highest point since Nov 2023. Not great news for home buyers who need to make a move today, especially as the Fed has no intent on lowering the Fed Funds rate.

As the Spring home buying season hits its peak shortly, what is the expectation for mortgage interest rates? marketwatch.com/picks/the-new-…

Over the moon to join the Food Recovery Network board of directors. They play a critical role in the hunger & sustainability ecosystem. They work with a network of college volunteers to recover surplus food & donate it to organizations that combat food insecurity. foodrecoverynetwork.org

Homeowners length of ownership is now a median of 10 yrs. 10 years of housing equity is allowing repeat buyers to purchase their next property using cash. These all cash buyers are more than 1/4 of the market consistently for about 18 months. washingtonpost.com/business/2024/…

While mortgage interest rates may not move down immediately, people move when life changes happen.

Baby Boomers take pride in reinventing everything. Where to live in retirement is certainly one those changes. The biggest share of home sellers in the latest NAR Research report was Baby Boomers. Where are they going next? washingtonpost.com/business/2024/…

. NAR Research produces a report on to marijuana. For residential agents legalization can provide challenges. For commercial practitioners the opportunities are ripe. Overlooked land, warehouses & storefronts are wanted. If you celebrate 4/20 or groan nar.realtor/research-and-s…

Hey mortgage rates, can you stop trying to be a killjoy on the Spring housing market? Kthxbai.

Dr. Dr. Jessica Lautz: “I think there is a potential to narrow the homeownership gap in Pennsylvania for Asian and Hispanic buyers because we can see a large part of the population reaching the age of potential homebuyers.' parealt.rs/3UmlXMj

A Magic 8 ball would currently read “outlook not so good”.

While rates are a full percentage point below Oct 2023, no sizeable change is expected in the first half of 2024 marketwatch.com/picks/heres-wh… via MarketWatch