Downtowns from coast to coast are still recovering from unprecedented change as a result of the COVID pandemic, and home prices have varied since then as a result. Now, data provided by PropertyShark indicates that the downtowns of the Northeast’s most populous cities remain notably more expensive than areas outside the center, compared to other… The post Northeast Cities See Downtown Prices Hold...
14 June 2024
This summer, the real estate industry is set to experience a great shift when it comes to commissions and the job of a buyer’s agent, thanks to the National Association of REALTORS®’ (NAR) settlement and others in the commission lawsuits across the industry. These changes have been the subject of conversation not just in the… The post REALTORS® and the Public Are Split Over the NAR Settlement...
Above, Bermuda’s Westcoast Topsail is listed for $2,950,000 From the appeal of year-round coastal living to the desire to lead a laid-back yet upscale lifestyle, destinations in tropical locales are becoming increasingly popular for homebuyers across the globe. This month, we take a look at three brokerage firms in sun-drenched locations to find out the… The post Global Spotlight: Tropical Destinations...
Weichert, REALTORS® will host its 24th Annual Charity Outing on Thursday, Aug. 15, at Fiddler’s Elbow Country Club in Bedminster, NJ to raise funds for the American Cancer Society (ACS) and breast cancer research. The event will be coordinated by Chairperson Joe McDonald, president of Residential Sales and Real Estate Services for Weichert. Weichert stated… The post Weichert’s Charity Outing to Tee...
Above, Darryl Davis, Andrew Flachner and Liz Hogan Keeping pace with technology can give any professional an edge, real estate agents included. Right now, the new shiny tech on everyone’s mind is machine learning/generative text—colloquially, artificial intelligence (AI). But with all the focus on AI, are other essential tools for real estate professionals falling through… The post Ask the...
In today’s evolving housing market, the dream of homeownership may seem distant for many first-time homebuyers or renters. Rising interest rates, high home prices and committing to purchasing a home can be daunting. However, as a mortgage professional, I’ve guided numerous clients through the process, helping them realize that homeownership is not only attainable but… The post Turning Renters into...
This week we reported on the Consumer Financial Protection Bureau’s (CFPB) inquiry into mortgage “junk fees” that are typically added onto closing costs. Launching a formal inquiry into the issue, CFPB filed a Request for Information notice that was published June 6 in the Federal Register. According to the report, from 2021 to 2023, median… The post Mortgage Mix: Bureau Takes Aim at ‘Junk...
From post NAR-settlement fallout to ongoing economic flux, residential real estate brokers are confronting a barrage of obstacles to running a successful firm. During RISMedia’s 36th Annual CEO & Leadership Exchange, taking place Sept. 4 – 6 in Washington, D.C., Howard Hanna Real Estate Services CEO Hoby Hanna will address broker challenges head-on during his… The post Hoby Hanna to Present the...