by National Association of REALTORS | Jan 11, 2024 | Finance, NAR-Instant Reaction
Consumer price inflation rose 3.4% in December, which is a bit higher than the 3.1% recorded in November. But the longer-term underlying trend is clear, with inflation being much calmer now compared to 2022. The latest inflation numbers do not change the trajectory of...
by National Association of REALTORS | Jan 11, 2024 | Finance, NAR-Instant Reaction
Mortgage interest rates continue to hold steady at 6.66% this week. As mortgage interest rates have been flat since December 21, home buyers can plan smartly as they enter the buying market. Potential buyers know the homes they view are within their price range...
by National Association of REALTORS | Jan 8, 2024 | Design
Home design is moving past all-white and neutral colors to a more personality-infused style that focuses on the details, big and small. From texturized prints to one-of-a-kind pieces, home design in 2024 will offer up plenty of bolder interiors and exteriors. Houzz, a...
by National Association of REALTORS | Jan 5, 2024 | Finance, NAR-Instant Reaction
There is mixed news on the latest jobs figures. According to the household survey, there were 683,000 fewer Americans working in December. Despite that, the unemployment rate held steady at 3.7% because 845,000 left the labor force and were not even searching for a...
by National Association of REALTORS | Jan 4, 2024 | Finance, NAR-Instant Reaction
Mortgage interest rates remained nearly flat as the new year began. After mortgage rates dropped incrementally for 9 weeks, they increased a hair to 6.62% from 6.61%. The weekly change in mortgage rates does not yield a meaningful change in what the typical monthly...