Keep pace with real estate shifts like leadership changes (Warren Buffett), Redfin's impact, and market performance. Stay informed to guide clients and adapt to competition. Changes signify new tech, support or stress.
New home sales surged in March, reaching a peak since September 2024, driven by lower prices and mortgage rates. Sales increased 7.4% from February and 6% year-over-year, with cheaper homes fueling the market.
Housing market faces rising listings and economic concerns. Customer confidence is low, influenced by mortgage rates and economic worries. Experts suggest market could slow even if mortgage rates decrease.
Mortgage rates fluctuate amid bond market volatility. Home loan applications drop. Sellers & buyers must be strategic in the changing market. Inventory rises, home touring slows.
