Like its competitors, Tennessee-based First Community Mortgage, Inc. (FCM) reduced the company’s size through 2022 amid a tough mortgage market. At the start of 2023, the company is investing in training the sales team on tactics to start growing […]
The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the […]
In an interview with CNBC, National Association of Realtors’ chief economist Lawrence Yun said that the housing market is already showing signs of slowing down, with rising mortgage rates adding to already high prices and making […]
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low […]
Applications fell 1.2% from a week earlier. KEY TAKEAWAYS Interest rates also dropped for the second consecutive week. Mortgage applications are down again even though interest rates also dropped for the second straight week, according […]
Although inventory is closer to catching up with last year, home shoppers are still contending with fewer homes for sale. The national inventory of active listings declined by 12.2% over last year, while the total […]
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