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Economic Index Falls for Sixth Straight Month

USA Real Estate News-RISMedia - Thu, 2024-09-19 11:27

The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, fell by 0.2% in August to 100.2, following a decline of 0.6% in July. Over the six-month period ending in August, the…

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Existing-home sales continue to slide as buyers bide their time: NAR

USA Real Estate News-Inman - Thu, 2024-09-19 10:59
Existing-home sales fell 4.2 percent year over year to a seasonally adjusted rate of 3.86 million in August as buyers awaited the Fed's decision to cut rates, according to National Association of Realtors data

Existing-Home Sales Down; Fed Rate Cut Likely to Improve Market

USA Real Estate News-RISMedia - Thu, 2024-09-19 10:29

Existing-home sales fell in August, according to the National Association of REALTORS® (NAR). Three out of four major U.S. regions posted sales declines, while the Midwest registered no change. Year-over-year, sales slipped in three regions but remained stable in the Northeast. Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—descended 2.5% from…

The post Existing-Home Sales Down; Fed Rate Cut Likely to Improve Market appeared first on RISMedia.

Newsmakers Spotlight: Jon Waclawski on Politically Advocating for REALTORS®

USA Real Estate News-RISMedia - Thu, 2024-09-19 08:43

Jon Waclawski is a first-time RISMedia Real Estate Newsmaker and the vice president of political advocacy at the National Association of REALTORS® (NAR). A lawyer by trade, he doesn’t work directly with homebuyers or sellers—rather, his job is making the careers of the people who do so easier. For the latest entry in our Newsmakers…

The post Newsmakers Spotlight: Jon Waclawski on Politically Advocating for REALTORS® appeared first on RISMedia.

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