The MLS industry’s trade group, the Council of Multiple Listing Services (CMLS) is looking for a new CEO. On Thursday, the trade group announced that longtime CEO Denee Evans is stepping down at the end of this year. Evans is staying in her role through December 2025 “to ensure a seamless and collaborative transition,” according […]
Denee Evans will step down as CMLS CEO Read More »
Mortgage rates hit their highest level in just over 3 months yesterday with financial markets generally protesting the absence of more serious spending cuts in the spending bill. Rates care about fiscal spending because higher spending requires higher Treasury issuance which, in turn, pushes rates higher, all else equal. Although the House passed the bill
Mortgage Rates Edge Down From Recent Highs, But Remain Over 7% Read More »
Home sales transactions were cancelled at a near-record rate in April, another likely side effect of uncertainty enhanced by President Trump’s tariff announcement earlier in the month, Redfin said. Approximately 56,000 signed purchase agreements were withdrawn during the month, which equates to a 14.3% rate. This is up from 13.5% one year ago and is
Home sales cancelled at near-record pace in April Read More »