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Pending Sales Sink Again as Rates Track Toward 7%

USA Real Estate News-RISMedia - 6 hours 18 min ago

Pending home sales fell again—at a faster rate than they did a month ago—as spiraling mortgage rates threaten to freeze real estate activity as much of the country prepares for the colder fall and winter months. The National Association of REALTORS®’ (NAR) metric for pending sales fell 2% in August after a smaller 1% drop…

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Mortgage Applications Back on the Down Slope

USA Real Estate News-RISMedia - 6 hours 20 min ago

Last week’s increase in mortgage applications was short-lived following the Fed’s fourth interest rate hike last week, causing the volume of applications to give back most of its gains after what had been a six-week decline, the Mortgage Bankers Association (MBA) said Thursday. Mortgage applications decreased 3.7% from one week earlier and the pace of…

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Prominent Finger Lakes Real Estate Company Announces Alignment with RE/MAX

USA Real Estate News-RISMedia - 6 hours 22 min ago

Above: David Young David Young, a local real estate expert and entrepreneur, is moving his successful real estate company to the RE/MAX brand, the company has announced. The offices formerly known as The Young Agency will become RE/MAX Revolution and continue to serve buyers and sellers throughout the Finger Lakes and Western New York market.…

The post Prominent Finger Lakes Real Estate Company Announces Alignment with RE/MAX appeared first on RISMedia.

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