After three weeks of declines and a dip below 7%, the 30-year fixed rate mortgage average ticked back up this week to 7.03%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: The 30-year FRM averaged 7.03 percent as of May 30, 2024, up from last week… The post Mortgage Rates Move Up After Weeks of Dips appeared first on...
May 2024
Above, Jason Haber Late last year, when the National Association of REALTORS® (NAR) found itself having to deal with all kinds of negative leadership issues and odd occurrences, and then, of course, the Burnett trial, two prominent real estate professionals, Jason Haber and Mauricio Umansky, decided there might be a better way. So they created… The post Trying for Traction, NAR Alternative Group Creates...
According to the National Association of REALTORS®’ (NAR) latest report, pending home sales fell 7.7% in April. All four U.S. regions posted month-over-month and year-over-year decreases, and pending contract transactions were also down 7.4%. “The impact of escalating interest rates throughout April dampened homebuying, even with more inventory in the market,” said NAR Chief Economist… The post...
In the high-stakes world of real estate—where clarity, courage and stamina are indispensable—sleep is not merely a pause from our busy schedules but a vital investment in our health and professional prowess. Vince Lombardi’s words, “Fatigue makes cowards of us all,” resonate deeply here. As I emphasize in my mindset routine talks covering the pillars… The post Thoughts on Leadership: The...
In Nashville’s bustling real estate scene, Kayla Palmer—a REALTOR® at MW Real Estate Co.—emerges as a steadfast advocate for her clients. Originating from Mississippi, she’s woven herself into Nashville’s fabric over the last five years, leveraging her background in people management and process improvement. Passionate about inclusivity, Palmer highlights the evolving role that women...
It’s not a buyer’s market in residential real estate right now—and many buyers are dropping out in the face of unfavorable market conditions. Bright MLS (covering the mid-Atlantic) has published its latest member survey results for May 2024. The survey surmises consumer behavior from agent/broker responses, and the results are eye-catching. Of the buyer agents… The post Why Frustrated Buyers are...
JPAR® announced a new addition to its affiliate network: Raintown Realty, a real estate brokerage based in Bellevue, Washington. The firm brings a wealth of expertise and a strong commitment to excellence in serving clients across King, Pierce, and Snohomish counties. Under the leadership of Robert Ott, CRGO, designated broker, JPAR stated that Raintown Realty… The post JPAR® Affiliate Network...
California Regional MLS (CRMLS), the country’s largest MLS—home to over 110,000 members—is launching a new set of MLS system fields referring to Concessions in Price (CiP) today. The fields promise to enhance communication between listing and buyer agents, as well as homebuyers, by providing “up-front” information surrounding concessions, according to a release from CRMLS. Concession… The post...
Century 21 Scheetz—a top 5 company in the national Century 21 system and the brand’s number one company in Indiana—welcomes Adam Bauer as the brokerage’s new vice president of Marketing. With over a decade of strategic marketing expertise, Bauer brings his industry knowledge to help fuel growth and continue to strengthen the Century 21 Scheetz… The post Century 21 Scheetz Welcomes New VP of...
Dermot Buffini, CEO of renown real estate coaching firm, Buffini & Company, will deliver a powerful opening keynote address, “Leading Above the Line to Grow Your Bottom Line,” when he kicks off RISMedia’s 36th Annual CEO & Leadership Exchange, taking place Sept. 4-6 at the Mayflower Hotel in Washington, D.C. Click here to register now!… The post Dermot Buffini to Share Leadership Strategies...