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The Leading Economic Index (LEI) fell by 0.3% in January to 110.3, following a decline of 0.8% in December, according to the latest release from The Conference Board. January’s LEI was down 3.6% over the six-month period between July 2022 and January 2023—a steeper rate of decline than its 2.4% contraction over the previous six-month…

The post Conference Board: While Labor Market Remains Robust, Economic Indicators Signal Near-Term Recession appeared first on RISMedia.

After taking a battering for most of 2022, topped off by the sudden closure of its iBuying business in November, Redfin is joining fellow portal giant Zillow in projecting optimism for 2023, despite significant drops in revenue and marketshare. Reporting Q4 2022 revenue of $479.7 million, down 25% from last year, and a net loss…

The post Redfin Emphasizing Rentals, Partner Agents After Tough 2022 appeared first on RISMedia.

-After falling to start the year, mortgage rates rose for the second consecutive week—up to 6.32%. The National Association of REALTORS® (NAR) previously predicted that rates would settle around 5% by the end of the year. -Heavy lies the crown! Jay Farner, CEO of Rocket Companies (parent of Rocket Mortgage and Rocket Homes) announced his…

The post Mortgage Mix: Rates Rebound, Rocket Loses CEO appeared first on RISMedia.

Three out of 4 Americans (75%) have regrets about their move in 2022, according to a new report from Clever. Clever’s latest report surveyed 1,000 Americans on their experience with moving in the past year, and dug into details about their type of move, their regrets about moving, and how much their move cost (and…

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Better Homes and Gardens Real Estate LLC has announced the affiliation of Better Homes and Gardens Real Estate Kenney & Company, based in Colorado Springs, Colorado. The brokerage has four offices along Colorado’s Front Range in the state’s two largest cities, Denver and Colorado Springs. Over the past 38 years, the firm has served clients…

The post Longtime Colorado Brokerage Affiliates With Better Homes and Gardens Real Estate LLC appeared first on RISMedia.