William  Ucci

William Ucci

Sales Representative

License #: 3375123

WUcci Group of Compass Realty

Mobile:
321-339-7520
Office:
(321) 394-9399
Email Me

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Fed Maintains Aggressive Rate Hike Effort, but Signals Possible Slowdown

USA Real Estate News-RISMedia - Thu, 2022-11-03 14:03

The Federal Reserve has once again dropped the hammer on its rate hike efforts, announcing its fourth 75 basis points increase since it began its monetary tightening earlier this year. With inflation still at four-decade highs, Fed officials emphasized the upward pressure the Russian invasion of Ukraine has had on inflation this year and caused…

The post Fed Maintains Aggressive Rate Hike Effort, but Signals Possible Slowdown appeared first on RISMedia.

Keller Williams posts ‘less than pleasing’ 3% drop in sales volume

USA Real Estate News-Inman - Thu, 2022-11-03 14:02
After four straight quarters of declines in transaction volume, new listings, projected closings and written contract volume, Keller Williams' year-to-date sales volume finally took a three percent tumble to $414.7 billion.

Researchers Project Home Price Drops in Major Metros

USA Real Estate News-RISMedia - Thu, 2022-11-03 14:02

After more than a year of following the nationwide meteoric rise in home prices, researchers at Florida Atlantic University (FAU) are now tracking how metros across the country are experiencing the ongoing “housing recession” as prices pull back, and have started to project where prices might soon fall—and where the floor is. Ken H. Johnson,…

The post Researchers Project Home Price Drops in Major Metros appeared first on RISMedia.

Zillow Smashes Expectations in Q3, Looks Long on Mortgage

USA Real Estate News-RISMedia - Thu, 2022-11-03 14:01

Exactly one year after Zillow saw its enormous investment in iBuying implode, the real estate behemoth is seemingly plowing through the morass that is the 2022 housing market, with a strong Q3 earnings report showing the strength of its core business, as executives place a renewed emphasis on mortgage and showings. Beating its projections with…

The post Zillow Smashes Expectations in Q3, Looks Long on Mortgage appeared first on RISMedia.

Offerpad Revenue Up, Profit Down in Q3 2022 Report

USA Real Estate News-RISMedia - Thu, 2022-11-03 14:00

The Q3 2022 earnings report chart arrows were all over the place for Offerpad, the high-tech iBuyer and seller headquartered in Arizona. On Wednesday, Nov. 2, the company reported the following 2022 Q3 results compared with the prior-year third quarter: Revenue was $821.7 million compared to $540.3 million. Gross profit was $2.2 million* compared to…

The post Offerpad Revenue Up, Profit Down in Q3 2022 Report appeared first on RISMedia.

Share of first-time buyers plummets to lowest level since 1981: NAR

USA Real Estate News-Inman - Thu, 2022-11-03 12:21
Rising home prices, mortgage rates and inflation slashed the share of first-time buyers down to 26 percent — the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981.
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