April 2024

Op-Ed: The Truth About Home Prices and Real Estate Commissions

Given the recent proposed settlement agreements and accompanying media hoopla, it is time for the voice of factuality to be heard.  Now we must even combat misleading presidential pronouncements, such as this from a March 19, 2024, news conference: “…last week the National Association of Realtors agreed for the first time that Americans can negotiate… The post Op-Ed: The Truth About Home Prices and...

Top Strategies to Access the Affluent

Accessing affluent buyers in the luxury real estate market requires a strategic approach that takes into account their preferences, behaviors and expectations. By implementing a combination of the strategies outlined below you can effectively access this desirable market segment in the luxury real estate industry. Here are some top ways to access the affluent: Establish… The post Top Strategies to Access...

Weichert Expands Franchise Sales Team

Weichert Real Estate Affiliates, Inc. recently added Paula Atakhanian, Robert Clark, Denis Faherty, June Huber, and Andy Weiss to its franchise sales team. The group is dedicated to growing the Weichert brand and guiding prospective franchisees toward a path of sustained success. The expansion of the franchise sales team will help Weichert continue to meet… The post Weichert Expands Franchise Sales Team...

NAR Announces the Companies Attending REACH 2024

Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced the acceptance of eight companies to the 2024 REACH program. This marks the 12th cohort focused on accelerating technology solutions for the U.S. residential real estate sector. “Through the REACH scale-up program, we’re catalyzing transformative advancements at the intersection of...

Making the Market Work Through National Standards and Local Customization

Navigating tectonic technology shifts and proactively innovating for the future, for the last 40-plus years, real estate software company FBS has been laser-focused on serving MLSs (multiple listing services) with technology.  On a mission to keep MLS subscribers in the driver’s seat with a number of industry-first innovations under their belt, FBS continues to lead… The post Making the Market Work...

Fed Chair Signals No Rate Cuts in May on Heels of Latest Inflation Data

Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting rates until the U.S. makes sustained progress in bringing down inflation. The Fed chief said that recent economic data has undoubtedly shown the U.S. economy’s resilience and strong performance over the past year, especially in… The post Fed Chair Signals No Rate Cuts in May on...

Mortgage Applications Increase Again This Week

Despite an increase in mortgage rates this past week, mortgage applications saw a second week of increases, up 3.3% from last week’s very slight uptick of 0.1%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending April 12, 2024. Analysis points to activity increasing over concern… The post Mortgage Applications Increase Again...

Better Homes and Gardens Real Estate Announces New VP

Above, Christina Balas Better Homes and Gardens Real Estate LLC has announced the appointment of Christina Balas as vice president of servicing and operations.   In her new role, Balas will develop critical initiatives to drive affiliate performance, satisfaction and engagement with a focus on growing market share and increasing agent productivity. She will also lead… The post Better Homes and Gardens...

John L. Scott Real Estate Names New Company Financial Officer

John L. Scott Real Estate has appointed Jeffrey Currier as the company’s new Company Financial Officer. In this role, the company stated that Currier will be responsible for overseeing finance and accounting at John L. Scott. He will focus on cash management, leases, facilities, and will be closely involved in forecasting and executing strategies that… The post John L. Scott Real Estate Names New...

Housing Starts Drop From February Rally

Privately-owned housing starts plunged in March to a seasonally adjusted rate of 1.32 million—14.7% below the February estimate of 1.54 million—and 4.3% below the March 2023 rate of 1.38 million, according to the latest report from the Census Bureau and the U.S. Department of Housing and Urban Development (HUD). And while starts of new single-family… The post Housing Starts Drop From February Rally...

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