Housing Affordability Hits Record Low, but Turning Point Lies Ahead
Mirroring a steep rise in mortgage rates that began in the early part of 2022 and coupled with ongoing building material supply chain bottlenecks that increased construction costs, housing affordability posted three consecutive quarterly declines in 2022 and now stands at its lowest recorded level, according to the National Association of Home Builders (NAHB). However,…
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RE/MAX Marketplace Adds 11 Vendors With Premier Offerings
RE/MAX, LLC has announced the addition of 11 companies to the RE/MAX Approved Supplier program. The new additions include anti-crime resources, advanced real estate technology and sophisticated marketing services, the company said. All services and materials are available for purchase–often at RE/MAX negotiated rates–directly through the RE/MAX Marketplace, the online portal exclusively available to RE/MAX…
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