According to a new report from the National Association of Realtors®, nearly 90% of homebuyers and sellers used a real estate agent from June 2023 to June 2024, while a record-low 6% of home sellers chose the for-sale-by-owner (FSBO) route
BAM has partnered with Zoodealio to offer BAMx agents free access to powerful tools that help secure all-cash offers on 100% of your listings. Byron Lazine announced the partnership and its key benefits on the October 9 Hot Sheet.
Two new Redfin reports highlight the recent improvement in housing affordability. The first highlights a 1.4% annual decrease in the income needed to afford a median-priced home, while the second shows 48% of listings spending 60+ days on market.
At yesterday’s FOMC press conference, Fed Chair Jerome Powell announced a 50 basis point cut to the federal funds rate, the first reduction since COVID. Here’s a breakdown of his statements about housing.
Zillow’s latest market report shows that lower mortgage rates and rising inventory are improving affordability for home buyers, offering increased negotiating power and more listings to choose from.
Ivy Zelman appeared on CNBC’s Squawk Box to discuss the current housing market dynamics. Byron Lazine breaks it down on the Hot Sheet, highlighting key opportunities for buyers in new construction and conversations agents should be having.
On today’s Hot Sheet, Byron Lazine shared scripts and email subject lines you can leverage to take advantage of this week’s drop in mortgage rates and help save home buyers money.
On today’s Hot Sheet, BAM co-founder Byron Lazine discussed Friday’s employment report and subsequent market reactions, how it could impact the U.S. housing market, and how real estate agents can talk to consumers about today’s headlines.
At yesterday’s FOMC press conference, Fed Chair Jerome Powell hinted at a rate cut in September. Here’s a breakdown of his statements about housing.
Mark Zandi and the Federal Reserve Bank of Minneapolis offer key insights into the optimal monetary policy, arguing for a focus on non-housing inflation, as discussed in a recent Washington Post op-ed and highlighted by Byron Lazine on the Hot Sheet.
Housing affordability took center stage at yesterday’s Senate Banking Committee hearing with Fed Chair Jerome Powell. Discover the main takeaways and quotes from the discussion on the housing market and its economic impact.
Following the June 11-12 FOMC meeting, Fed Chair Jerome Powell summed up the results at the press conference. He reiterated the Committee’s decision to maintain the current federal funds rate and signed only one rate cut by the end of 2024.
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