Real Estate

Real estate agents should expect to work the most with older and experienced homebuyers, per the latest data from the National Association of REALTORS® (NAR). NAR’s 2025 Home Buyers and Sellers Generational Trends Report found that baby boomers have overtaken millennials, reclaiming the top spot as the largest share of homebuyers, outpacing younger generations.  Millennials,…

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Consumer sentiment continues to take a serious tumble, with members of all political groups beginning to express worry and unease in their economic outlooks, according to the latest data from the University of Michigan. The latest Index of Consumer Sentiment reading came in at 57 for March, falling a whopping 11.9% from February’s 64.7 reading.…

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Consumer confidence fell for the fourth consecutive month, registering below the threshold for recession indicators for the second straight month—reflecting many consumers’ continued apprehension toward the economy, according to the latest data from The Conference Board. The Consumer Confidence Index® fell by 7.2 points in March to 92.9, similar to the seven-point decrease seen last…

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President Trump’s 25% tariffs on Mexican and Canadian imports, initially set to go into effect earlier this week on Tuesday, March 4, have been delayed up until April 2. Trump granted Mexico the extension, announcing it via Truth Social post, and just a few hours after, he reversed the order for Canada. For another month,…

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Consumers’ sentiment toward the economy distinctly wavered in February for almost all groups across the board, with some disagreement across political parties, according to the latest data from the University of Michigan. The latest Index of Consumer Sentiment reading came in at 64.7 for February, falling a sharp 9.8% from January’s 71.7 reading. The Index…

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Consumer confidence continued to slide down in January, according to data from The Conference Board, however, experts feel the downtrend is not outside of the range it’s been in the past few years. “Consumer confidence has been moving sideways in a relatively stable, narrow range since 2022. January was no exception,” said Dana M. Peterson,…

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The University of Michigan’s consumer sentiment index improved for the fifth consecutive month in December, rising about 3% to its highest reading in seven months. A surge in buying conditions for durables led Current Economic Conditions to soar more than 20%. Rather than a sign of strength, this rise in durables was primarily due to…

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