Fresh Faces, New Perspectives: Diversity Among New REALTORS® in 2024

The real estate world is always evolving, and the National Association of REALTORS® (NAR) members are right in the middle of it. This year's 2024 Member Profile has some intriguing findings, especially about the diversity among newer members. One notable highlight is that new members are more dive

Instant Reaction: CPI, August 14, 2024

Inflation is calmer, thereby setting the Fed Reserve up to start the rate-cutting process in September. Consumer prices rose by 2.9% in July and look to head towards the desired 2% in a few months. The Fed has indicated the need to normalize and move away from the current “restrictive” monetary po

Single-Family Home Prices Had Positive Price Gains in 89% of 223 Metro Areas in Q2 2024

The National Association of REALTORS® reported that home prices continued to rise in the second quarter of 2024. National median prices rose 4.9% year over year to $422,100, and median home prices rose by 8.5% compared to the previous quarter. Of the 223 metro areas, 13% had double-digit year-over