Labor market report is good news for mortgage rates
Friday’s jobs report came in as a miss of estimates and wage growth came in lower than expected. The labor market isn’t tight anymore and that will eventually be good news for mortgage rates. After last month’s jobs report, I talked about the path the Federal Reserve could take to land the plane bas
Read MoreVirginia Realtors: Zillow’s touring agreement may not be legal

Earlier this week, Zillow launched a new “touring agreement,” a nonexclusive contract for buyers and agents to use for home tours. The real estate giant was prompted to do this by the terms of National Association of Realtors’ (NAR) commission lawsuit settlement agreement which requires agents to ha
Read MoreLow inventory creates challenging conditions in North Carolina’s housing market

No matter where you are in the Tar Heel State, real estate professionals across North Carolina are frustrated by the lack of housing inventory. “The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston, the broker-owner of Charlotte-based Lodestone Real Estate and
Read MoreTri-state area housing shortage could cost the region economically

The tri-state area of New York, New Jersey and Connecticut may face a housing gap of 920,000 units by 2035, a new report published by the Regional Plan Association (RPA) found. The analysis, conducted by McKinsey & Co., highlights a current shortage of 540,000 housing units in the region. To address
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