Even though down payments remain an obstacle to prospective homebuyers across the country, affordability conditions have improved significantly in the past three years. That’s the key takeaway from a Realtor.com report released Monday. The company found that across the 50 largest U.S. metro areas, the typical household in 2025 needs seven years to save for […]
How long does it take to save for a down payment in 2025? Read More »
RMLS Alliance (RMLS-A) is the Broker Public Portal (BPP)’s newest shareholder. In addition, RMLS-A listings are now live on Cribio, the BPP’s public facing portal. The BPP is an industry-led initiative formed by brokerages and multiple listing services (MLSs) that aims to deliver a national MLS home search experience to consumers. RMLS-A serves roughly 1,600
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November’s declining mortgage rates enticed more homebuyers to come off the sidelines, resulting in an uptick for the National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI). According to NAR data released Monday, pending home sales were up 3.3% month over month in November, as the PHSI rose to a reading of 79.2. On
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