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Opinion: Here’s what people are getting wrong about real estate commissions

Housing Wire

I recently read editorials and articles by such esteemed publications as The Economist , Entrepreneur Magazine , and The Wall Street Journal concerning the antitrust real estate commission lawsuits. Aggregate data from the housing market would confirm this.

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Why is the El Paso housing market so hot right now?

Housing Wire

But the virus has had anything but a negative impact on real estate in El Paso. According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. Interest rates were so low, at 2.5%

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The new home sales recession continues

Housing Wire

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. Census Bureau and the Department of Housing and Urban Development. Over the years, I have tried to emphasize that the housing market in the U.S.

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HW+ Member Spotlight: Budge Huskey

Housing Wire

He also serves as vice chairman of Peerage Realty Partners and has previously held executive roles at Coldwell Banker Real Estate. Below, Huskey answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? HousingWire: What has been your biggest learning opportunity?

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Are new home sales flagging a recession?

Housing Wire

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. Census Bureau and the Department of Housing and Urban Development.

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New home sales make it clear: Housing is in a recession

Housing Wire

This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. Since the summer of 2020, I have genuinely believed the housing market could change once the 10-year yield broke over 1.94%. . “I don’t expect a boom in housing construction.

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Builders only have 76,000 completed new homes for sale

Housing Wire

From Census : New home sales Sales of new single‐family houses in August 2023 were at a seasonally adjusted annual rate of 675,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. The existing home market is only sitting at 3.3 percent (±15.6

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