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Consumer attitudes toward the economy reversed course as sentiment fell by nearly 8% so far for August. The University of Michigan’s monthly preliminary consumer sentiment survey reported a sharp decline. On a month-over-month basis, consumer sentiment dropped by 7.6%, ending the nation’s two-month streak of consecutive growth. The decline is more severe on an annual…
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Not so very long ago when people decided they were ready to become homeowners, most didn’t even think to consider a condo. The American Dream was a standalone house. It still is, but with limited inventory in many places and elevated mortgage rates and prices, suddenly a less expensive condo is more logical and achievable…
The post Condo Mortgages: What Agents Must Know About the Details and Differences appeared first on RISMedia.
OneKey® MLS has announced that it is preparing to launch Ocusell’s List™ listing management technology into its multiple listing service, which serves 42,000 subscriber agents in Long Island, all five New York City boroughs and the Hudson Valley. According to a release, as one of the earliest adopters to join Ocusell, OneKey® wanted a way…
The post OneKey MLS Prepares to Launch Ocusell List, Bringing ‘Intuitive’ Listing Tools to Subscribers appeared first on RISMedia.
In the wake of elevated mortgage rates and rising year-over-year inflation, homesellers are doing their best to stimulate buyer behavior and get their listings off the market. According to a recent report by Bright MLS Chief Economist Lisa Sturtevant, about 40.1% of market listings in the Mid-Atlantic region have had their prices reduced as of…
The post Report: Price Cuts Tick Up as Buyers Feel Economic Pressure appeared first on RISMedia.
