The expectation of a rate cut this week, and the potential for more later in the year, has already moved mortgage rates lower.

Rate introduced its Spanish-language mortgage process in 2022.

Specifically, prices rose 4.3% annually after growing by 4.7% in June. 

The latest National Association of REALTORS® Confidence Index Survey found that 16% of respondents expect a year-over-year increase in buyer traffic in the next three months, compared to 13% a month earlier.

RealPage calls DOJ filing “devoid of merit.”

The pace of home sales increased 1.3% from June after months of decreases, the National Association of REALTORS® said.      

Wright had served as interim CEO since November.

Greater Houston ranked No. 6 among major metro areas, with more than 18,300 apartments expected to be completed in 2024. 

The lawsuit criticizes NAR’s new rules in the wake of its legal settlement.

The combination of rising inventory and price reductions in Houston and nationwide is creating a more buyer-friendly market.

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

NAR’s commissions lawsuit settlement includes some nuances important to know for buyer’s agents, seller’s agents and clients. 

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

Rate, formerly known as Guaranteed Rate, has appointed Daniel Manginelli to lead its nationwide sales coaching program: Success Coaching Solutions.

NAR Chief Economist Lawrence Yun expects a pre-election interest rate cut this fall — the first of six to eight rounds.

In Houston, the 2022 shortage was more than 20,000 homes, a 22.1% increase from 2021.