Ed  Watts

Ed Watts

Broker

License #: 13376

Property 1st

Mobile:
206-660-2887
Office:
425-741-4253
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Inflation Hits Lowest Level Since 2021

USA Real Estate News-RISMedia - Fri, 2024-09-27 12:02

According to the latest Personal Consumption Expenditures (PCE) Price Index (one of the economy’s key inflation gauges), prices increased 2.2% in August compared to the prior year. Minus more volatile prices such as food and energy, prices increased 2.7%. Month-over-month, there was only a 0.1% increase in the price index during August. July saw a…

The post Inflation Hits Lowest Level Since 2021 appeared first on RISMedia.

Consumer Sentiment Turns Positive as Inflation Slows

USA Real Estate News-RISMedia - Fri, 2024-09-27 11:57

With a recent interest rate decrease from the Fed and slowing inflation, consumers’ economic hopes saw a significant increase in September. Consumer sentiment rose 3.2% in September, from 67.9 in August to 70.1, according to the University of Michigan’s latest report. This is the second consecutive month of increase, following August’s rise of 1.5 points,…

The post Consumer Sentiment Turns Positive as Inflation Slows appeared first on RISMedia.

Mortgage Mix: United Mortgage Lawsuit Dismissed as Rates Reach New Low

USA Real Estate News-RISMedia - Fri, 2024-09-27 11:45

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -A 2021 antitrust case against United Wholesale Mortgage (UWM) has been dismissed by a Florida federal court, as reported by National Mortgage Professional. The case had alleged that UWM and its CEO Mat Ishbia had…

The post Mortgage Mix: United Mortgage Lawsuit Dismissed as Rates Reach New Low appeared first on RISMedia.

Shining a Light on REALTOR® Safety

USA Real Estate News-RISMedia - Fri, 2024-09-27 11:37

REALTOR® Safety Month—observed every September—is a month-long campaign aimed at helping real estate professionals stay safe as they navigate situations on a daily basis that could ultimately put their safety at risk—from meeting prospective clients to showing properties in secluded or unfamiliar areas.  Underscoring the importance of keeping the conversation front and center year-round, the…

The post Shining a Light on REALTOR® Safety appeared first on RISMedia.

‘I’m back in it’: Reality star Kendra Wilkinson returns to real estate

USA Real Estate News-Inman - Fri, 2024-09-27 11:30
Douglas Elliman real estate agent and reality TV star Kendra Wilkinson has announced her return to real estate after taking a brief mental health break, "People" magazine reported on Friday.

Rental Prices Have Grown More Affordable in Most Major Metros: Report

USA Real Estate News-RISMedia - Fri, 2024-09-27 11:16

Affordability has increased across the board in most major metro markets, according to the latest data from Realtor.com®. In its most recent report, Realtor.com showed that nationally, the average rent fell; however, the long-term trend of elevated prices continues to hold fast, as the five-year average showed that rents have increased by 20.1%, according to…

The post Rental Prices Have Grown More Affordable in Most Major Metros: Report appeared first on RISMedia.

Clear Cooperation, paid leads, Serhant’s S.MPLE: Inman Top 5

USA Real Estate News-Inman - Fri, 2024-09-27 10:50
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Inman Power Wheels: The final showdown for best agent auto

USA Real Estate News-Inman - Fri, 2024-09-27 09:36
You've narrowed down the field from the sweet 16. Now it's time to decide which vehicle reigns supreme in our agent auto showdown.

Anywhere joins push to reform NAR’s Clear Cooperation Policy

USA Real Estate News-Inman - Fri, 2024-09-27 04:00
Documents obtained by Inman show Anywhere shares some — but not all — of Compass' concerns with the rule while on Thursday Compass CEO Robert Reffkin reiterated his call to ditch the policy.

Anywhere joins Compass in push for Clear Cooperation change

USA Real Estate News-Inman - Fri, 2024-09-27 04:00
Compass on Thursday reiterated its call to ditch NAR's pocket listing rule. But documents newly obtained by Inman also show that Anywhere shares some of Compass' concerns.
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