Trending News: March 29, 2023

Fed delivers a 25 bps rate hike, KW franchises continue to dominate the RealTrends 500, and Zillow now accounts for nearly half of all real estate web traffic.

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Show Notes

Fed delivers a 25 bps rate hike amid bank failures: The FOMC raised the federal funds rate to the 4.75%-5% range. Read more

Zillow now accounts for nearly half of all real estate web traffic: The search behemoth far and away led market share for search portals, drawing 44% of all real estate web traffic, but CoStar’s Homes.com leaped by bounds last month. Read more

Keller Williams franchises continue to dominate the RealTrends 500: Keller Williams, Realogy, RE/MAX, Home Services affiliates make up 72% of 500 list. Read more

VA makes major change to America’s most underutilized mortgage program: The change makes housing more affordable for Native American veterans as part of a program that is underutilized. Read more

Native American Veterans interested in the NADL Program and the new interest rate can send an email to nadl@va.gov or call (888) 349-7541.

Music by: Gloria Tells from Epidemic Sound

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