While some markets may be starting to see a slight easing in home prices, housing affordability remains a consistent challenge for many markets nationwide. To address the challenge, state and local governments have adopted policies and programs to help alleviate pressure on potential middle-income renters. A recent working paper on this topic, “Subsidizing the Middle:… The post As Affordability...
11 July 2024
During the first half of 2024, 177,431 properties in the U.S. had foreclosure filings, according to the Mid-Year 2024 U.S. Foreclosure Market Report from ATTOM Data. This figure represents one in every 794 housing units in the United States. These rates are down 4.4% from where foreclosures were in 2023—but up 7.8% from where they… The post Foreclosure Filings Down Year-Over-Year in the First Half of...
With the coming changes no longer allowing offers of compensation on MLS platforms, the cooperative compensation rule lies at the center of the commission lawsuits, putting MLSs squarely in the middle of the conversation. Two of the nation’s largest MLSs recently made headlines in RISMedia news when they announced new additions to their user platforms… The post POWER HOUR: How MLSs Are Adapting in...
Twenty years ago, Claudia Stallings’ parents decided to make the move to Knoxville, Tennessee, and she found herself helping them with their search and discovering a passion for real estate. Stallings became an agent in 2004, was a principal broker for a large branch in 2010, and became a partner and COO of Wallace Real… The post Supporting Sales Professionals Every Step of the Way appeared first on...
Estate planning is arranging for the management and disposal of a person’s estate during their life and after death. It ensures your assets are distributed according to your wishes and provides financial security for your family. I will provide the following information to educate you on the process: The essentials of estate planning and its… The post Estate Planning for Family Members: A Comprehensive...
Following the first dip in consumer prices in four years and home prices in some markets declining, the average 30-year fixed rate mortgage followed suit, dropping from 6.95% last week to 6.89% this week, according to the latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday. A look at this week’s numbers: The… The post Mortgage Rates Fall; in Line with Welcomed Cooling...
CENTURY 21® AllPoints Realty and Realty Quest, Inc. have announced a strategic merger that marks additional Florida expansion for the brokerage. “We’ve had the opportunity to work alongside Phil DeFronzo and Patti White through a very successful mortgage joint venture in AllPoints Mortgage. Their business insights and professionalism are unmatched,” said PJ Louis, C21 AllPoints… The post Century...
Mortgage rates may finally start to begin a steady lower trajectory nationally following encouraging news on inflation. The Consumer Price Index (CPI), an inflation gauge measuring goods and services costs across the U.S. economy, declined 0.1% in June on a seasonally adjusted basis, after being unchanged in May, the U.S. Bureau of Labor Statistics reported… The post Biden Lauds CPI’s June Inflation...
Just yesterday, I sat down to craft this blog, filled with thoughts stirred by the upcoming July Fourth celebrations—a time of year that always sweeps me back to my childhood joys. To better connect with my team, I’ve introduced an “Innerview” consisting of 18 questions we ask each other. One favorite question is, “What’s a… The post Thoughts on Leadership: Celebrating Independence Day...
Steve Capezza is the first and current president of brokerage platform Side, which offers member agents/brokers a suite of technology services they can use to grow their companies. He believes that Side’s collaborative nature is one of the many things that makes it stand out in the industry. In this exclusive interview, RISMedia speaks with… The post Newsmakers Spotlight: Steve Capezza Discovers...