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Rising home prices and mortgage rates stifled pending home sales in February, according to the National Association of Realtors on Thursday. The Pending Home Sales Index, which is a forward-looking indicator based on contract signings, was 75.6 in February. The maximum score on the scale is 100, which represents the contract activity seen in 2001. February's performance marks a 7 percent annual decline; however, it is a slight improvment from the previous month (+1.6 percent).

The 4,650-square-foot home is also being listed for $7.5 million by Adam Modlin of the Modlin Group. Bidding is expected to begin around $1.75 million to $3.75 million.

Just $5.4B in U.S. Office Real Estate Sales in Q1: Report  Commercial Observer

Above, Scott Harris Editor’s Note: The Buyer-Agent Playbook is a new iteration of RISMedia’s biweekly Playbook segment, specifically centering on buyer agency and how agents are navigating the changes and trends in a post-NAR-settlement environment. The series will provide brokers and agents with insights and information to ensure they not only survive but thrive in…

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After exceeding 7% last week, the 30-year fixed-rate mortgage (FRM) continued to rise, this week averaging 7.17%, up from last week’s average of 7.10%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday.  This week’s numbers:  The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week…

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Best Countries for Golden Visas: Tips for Applying as Programs End  Bloomberg

In a Q1 2024 earnings call Apr. 25, Anywhere Real Estate reported a $101 million loss for the quarter, continuing a downward, though not as deep, trend for the last few quarters. Generated revenue was $1.1 billion, which follows revenue of $1.250 billion in Q4 2023, down 6% from Q4 2022, when it was $1.323…

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This Quaint Town in Portugal Was Just Named the Best Place to Invest in Europe — and the Cozy Destination Has ...  Travel + Leisure

As the clock ticks down, TikTok faces a real threat of being banned in the U.S., with legislation already signed into law. Jessi Healey says this battle isn't just about an app but about the larger implications of social media, censorship and how we engage online in times of digital scrutiny.

Northern Ireland estate agent celebrates double win at UK property awards  Belfast News Letter

London's Canary Wharf sees $1.5 bln slashed from property values  Reuters UK

London's Canary Wharf sees $1.5 billion slashed from property values  ETRealty

Housing Market Predictions for the Next 2 Years: Moderating Prices  Norada Real Estate Investments

Find out how award-winning Houston broker-owner Nancy Almodovar differentiates her service and elevates her agents at Nan and Company Properties.

The deal will make Movoto the sole provider of some GreatSchools data. It also comes as portals compete to differentiate themselves.

European commercial real estate investment continues to stall – MSCI  IPE Real Assets

European commercial real estate investment continues to stall – MSCI  IPE Real Assets

Generated revenue remained flat at $1.1 billion from the same period a year ago while the franchisor improved net losses by 27 percent year over year to a loss of $101 million, according to a Thursday earnings call.

Plans for 320000-Square-Foot South East London Logistics Park Approved  CoStar Group

Areim and VGP joint venture strikes first dea...  PropertyEU