21 March 2024

PropStream to Attend the Brandon Turner REI Summit

PropStream, a real estate lead generation platform, has announced it is attending the Brandon Turner REI Summit from May 3-5, 2024, in Denver, Colorado. The event will take place at the Hyatt Regency Denver in the Colorado Convention Center. The REI Summit, hosted by BetterLife, is a conference that gathers real estate investors to learn… The post PropStream to Attend the Brandon Turner REI Summit...

Don’t Forget the Basics: How to Market a Home in a Seller’s Market

Selling your home is a significant decision. The right strategies can make the process smoother and more profitable. Even in a seller’s market, you can’t take the basics of selling a home for granted. We will cover critical strategies, including professional photography, online platforms and writing compelling descriptions. We aim for clarity, brevity and effectiveness… The post Don’t Forget the...

Forbes Publishes New Global Report, ‘Perspectives’

Forbes Global Properties has announced it has published “Perspectives,” a new report compiling information from more than 17,000 experts, concentrating on 21 luxury real estate markets worldwide. “Through the insights and outlooks of our global network, we paint a vivid picture of real estate’s current state and future trajectory,” said Michael Jalbert, CEO of Forbes… The post Forbes Publishes...

Existing-Home Sales Surged in February

Existing-home sales surged last month, up 9.5% in February, reaching a seasonally adjusted rate of 4.38 million—the largest monthly increase since the same period last year—according to the latest report from the National Association of REALTORS® (NAR). “The uptick in sales activity between January and February is a good sign, but there is some uncertainty… The post Existing-Home Sales Surged in...

Attorneys Say Legal Battles Will Continue as Companies Face Tough Choices

“This is not the end. It is not even the beginning of the end—but it is, perhaps, the end of the beginning.” Winston Churchill was referencing battles and war, not real estate, when he spoke those words. But in the lower-stakes context of the National Association of REALTORS® (NAR) settling seller lawsuits last week, the… The post Attorneys Say Legal Battles Will Continue as Companies Face Tough...

Residential Construction Helps Drive First Leading Economic Indicators Upswing in Two Years

The Leading Economic Index (LEI) increased by 0.1% in February to 102.8,  marking the first time in two years the business-cycle monitor showed an uptick, thanks in part to residential construction, according to the latest release from The Conference Board.  According to the latest report, the increase follows a 0.4% decline in January. Over the… The post Residential Construction Helps Drive First...

Mortgage Rates Back on the Upswing, Nearing 7%

After two consecutive weeks of declines, mortgage rates are back on the rise this week, up to 6.87% from last week’s average of 6.74%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday.  This week’s numbers: The 30-year FRM averaged 6.87% as of March 21, 2024, up from last week… The post Mortgage Rates Back on the Upswing, Nearing 7% appeared first...

Biden Incorrectly Says NAR Sets Commissions, Banned Negotiations

The lack of understanding around how real estate transactions work—and misunderstandings and misinformation regarding the recent National Association of REALTORS®’ (NAR) settlement agreement—goes all the way to the top. In a campaign event yesterday, President Joe Biden, while speaking on housing affordability, incorrectly stated to thousands of people that “NAR agreed for the first time… The...

Cory Vasquez Promoted to Co-President of Realty ONE Group Ahead of Vinnie Tracey’s Retirement

Above, Cory Vasquez, left, and Vinnie Tracey Realty ONE Group International announced several high-level promotions Monday, including the promotion of Cory Vasquez, who will maintain her role as the company’s Chief Marketing Officer while moving into a co-president role alongside industry icon Vinnie Tracey. Tracey will work with Vasquez in a direct mentorship training role… The post Cory Vasquez...

RE/MAX National Housing Report Shows Sales Picked Up in February

RE/MAX, which has pivoted to new leadership with a focus on recruitment in Q1 2024, has published its latest national housing report, chronicling the state of the U.S. real estate market up to February 2024. The report surveys and compares 50 large metropolitan areas to make conclusions about the market as a whole.  The report’s… The post RE/MAX National Housing Report Shows Sales Picked Up in...

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