The 2.5% decline followed a 1.3% increase in July, according to the National Association of REALTORS®. 

Mortgage rates have been dropping in recent weeks in anticipation of the Fed’s move.

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

The two-day conference included more than 20 presentations on how tech is changing real estate.

Rate introduced its Spanish-language mortgage process in 2022.

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

Jennifer Ames of Engel & Völkers represented the buyer in one of Chicago’s most high-profile recent real estate transactions. She shares her insights with Chicago Agent.

Chicago compared favorably to other cities due to its lower cost of living while offering high-level education, jobs and public transportation. 

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.

The influx represents a 9% increase compared to last year and a 30% jump from 2022.

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

There are nuances in NAR’s rule changes that are important to know for buyer’s agents, seller’s agents or clients.

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