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topStories Friday, December 30, 2022
Pending Sales Hit Historic Low, With Some Regional Resilience
Pending home sales in November fell to a near two-decade low, according to the latest data from the National Association of REALTORS® (NAR), coinciding with a near-term peak in mortgage rates and persistent inflation that has hurt consumer confidence.
Mortgage Rates Continued to Trend Down Last Week

The 30-year fixed-rate mortgage (FRM) averaged 6.27% last week, down from 6.31% the previous week
Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 0.9% from one week earlier, according to the latest data from the Mortgage Bankers Association’s (MBA) ...
Construction Increases and Housing Starts Fall Only Slightly, While Permits Continue to Drop

Finished construction experienced an increase in November...
Reflecting a Weakening Housing Market, Builder Confidence Declines Again in December

Builder confidence in the market for newly-built single-family homes posted its 12th...
Giving Clients the Most Complete Home Inspection
Imagine having an out-of-state client in town for a day to look at houses. The back-to-back scheduling alone is a huge challenge, but you also want to be sure the deal can move quickly if the client finds said dream home and they want to make an offer....
Reflecting a Weakening Housing Market, Builder Confidence Declines Again in December
The State of Real Estate: What Agents Need to Know for the Coming Year
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