After a promising start to the year, existing-home sales declined 4.3% in March, to a seasonally adjusted annual rate of 4.19 million, according to the latest report from the National Association of REALTORS® (NAR). This represents a 3.7% decline year-over-year (in March 2023, home sales were 4.35 million). After dropping to the lowest level in… The post Existing-Home Sales Decline in March appeared...
April 2024
Marking a third straight week of increases and moving over 7% for the first time this year, the 30-year fixed-rate mortgage (FRM) averaged 7.10% this week, up from last week’s increase to 6.88%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. The numbers: The 30-year FRM averaged 7.10 percent… The post Mortgage Rates Exceed 7% for First Time This...
In a case that could have broader implications for nearly every large real estate company, a federal judge ruled earlier this week that Keller Williams as a franchisor can be held responsible for the actions of individual agents who made sales calls to individuals on “Do Not Call” registries. The ruling stems from a long-running… The post Keller Williams Liable for Agents’ Illegal Spam Calls,...
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 these challenging times. Industry professionals… The post The...
As REcolorado commemorates its 40th anniversary, Justin Knoll’s illustrious career in Colorado’s real estate landscape takes on added significance. With a diverse background, Knoll’s recent venture into proptech development provides a renewed perspective on the industry’s trajectory. Through its four-decade journey, REcolorado has continually set the standard for MLS excellence—driving progress...
LaMarcus Thurman, vice president of community lending at Howard Hanna and co-founder of company division United Purpose Mortgage, makes an impact as both a professional and an activist. A member of numerous non-profit boards, Thurman’s efforts at expanding homeownership earned him his first RISMedia Newsmakers award in 2024 as a Crusader. For the latest entry… The post Newsmaker Spotlight: LaMarcus...
Change, with its inherent unpredictability, can rattle even the most composed teams. The true essence of leadership lies in metamorphosing this uncertainty into a beacon of opportunity, transforming fear into courage, and translating confusion into lucid clarity. Our reaction to change can either be the wind in our sails or the anchor dragging us down.… The post Thoughts on Leadership: Navigating Through...
On Monday, the Supreme Court denied a petition by HomeServices of America—a “Writ of Certiorari”—filed this past February and aimed at nullifying the Burnett ruling; however, plaintiffs won’t be able to claim $4.7 billion in damages as of right now either. HomeServices of Americas’ initial 49-page petition to the Supreme Court was an attempt to… The post Supreme Court Denies HomeServices...
Above, Andrea Dockery RE/MAX LLC has announced that Broker/Owner Andrea Dockery of RE/MAX Experts in Lakeland, Florida, was named the 2023 Broker/Owner of the Year, Single Franchise in the United States, at the annual RE/MAX R4 Convention in Las Vegas. The award, coming on the heels of Dockery receiving RE/MAX’s Outstanding Brokerage of the Year… The post RE/MAX Broker Earns National Award at R4...
Leading Real Estate Companies of the World® has announced it has added Roomvu to its solutions group program of preferred business resources for its global network of 550 market-leading real estate firms. Roomvu helps real estate professionals sustain their social media presence by automatically posting local, relevant, and timely content on platforms like Facebook, Instagram,… The post Leading Real...