Our industry confronts the question, “What would the market look like if there were no MLS?” Bright believes that one “Value of the MLS” is its critical role in ensuring fair and equitable access to housing for all Americans. We launched our “Value of the MLS” campaign last year to share that message with consumers.…
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Time is running out to participate in RISMedia’s 36th Annual Power Broker Survey—the deadline is one week away, Feb. 16, 2024. The Power Broker Survey is the residential real estate industry’s preeminent report identifying and ranking the nation’s top brokerages based on sales-dollar volume and transaction sides. View the 2023 Power Broker Report online directory…
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In the fourth quarter of 2023, 46.1% of mortgaged residential properties were deemed equity-rich, meaning that nearly half of homeowners outright own a notable amount of their properties in comparison to the outstanding mortgage or debts associated with them, according to ATTOM’s fourth quarter 2023 U.S. Home Equity & Underwater Report. According to the report,…
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The 30-year-fixed-rate mortgage remained stagnant this week, averaging 6.64%, up from last week’s average of 6.63%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. This week’s numbers: The 30-year FRM averaged 6.64% as of February 8, 2024, up slightly from last week when it averaged 6.63%. A year ago at this…
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