August 2024

Congress, Biden Administration and Landlords Debate Over Rent Control

On July 24, the U.S. House of Representatives’ committee on financial services (HFSC) subcommittee on housing and insurance held a hearing, “Housing Solutions: Cutting through Government Red Tape.” Topics and ideas discussed were primarily related to examining regulatory barriers and other hot-button housing topics. But, a central theme of discussion was rent control, which was… The post Congress,...

CAR Appoints Phil Hawkins as New CEO

The California Association of REALTORS® (CAR) announced it has named Phil Hawkins as its new CEO. Hawkins currently serves as CEO of the Pacific West Association of REALTORS® (PWR), one of the largest local real estate associations in California. He was selected as part of a nationwide search by CAR’s leadership team and a search… The post CAR Appoints Phil Hawkins as New CEO appeared first on...

Finding Opportunity Amid Change

When Larry Rideout got married and had a family, he decided it was time for a career change. He explored what was out there and found real estate extremely interesting and lucrative. So, in 1984, Rideout became a REALTOR® as a means toward upward mobility and to be home more with his family. Eventually, he… The post Finding Opportunity Amid Change appeared first on...

Thoughts on Leadership: Cultivating Tomorrow’s Leaders

Succession planning isn’t merely about choosing a successor; it’s about cultivating potential leaders long before there’s an empty seat at the top. Future leaders need to be identified, nurtured, and multiplied to secure the organization’s continuity and success. In “The Leader’s Greatest Return,” John C. Maxwell outlines a ten-step method for fostering a new generation… The post Thoughts...

Seasonal Home Selling Tips: How to Prepare Your Home for Sale in Any Season

Selling a home can be challenging, but with the right seasonal strategies, you can make your property stand out. Whether it’s fall, winter, or the holiday season, tailoring your home to the time of year can attract more buyers and potentially speed up the sale. I have put effort into giving you the best advice… The post Seasonal Home Selling Tips: How to Prepare Your Home for Sale in Any Season...

Opportunity Zone Home Prices Continue to See Gains

More than half of the Opportunity Zones targeted for economic redevelopment around the U.S. saw median home price gains as price trends inside those zones continue to closely follow—and often outpace—national market patterns, according to the latest ATTOM report. Opportunity Zones were created in 2017 by the Trump administration, providing tax incentives for developers to… The post Opportunity Zone...

HGAR Guides Buyers & Sellers Through the NAR Settlement Changes

As a result of the NAR settlement, new nationwide changes to MLSs must be completed by Aug. 17 and updates to the OneKey MLS® will occur on Aug. 8. The Hudson Gateway Association of REALTORS® reminds members, real estate professionals and consumers on what these changes—which may influence how consumers negotiate and provide compensation to… The post HGAR Guides Buyers & Sellers Through the NAR...

Mortgage Rates Plummet to Lowest Level in Over a Year

The 30-year fixed-rate mortgage (FRM) dropped drastically to the lowest level seen in over a year, from last week’s average of 6.73% to a current average of 6.47%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM averaged 6.47%, down from last week when… The post Mortgage Rates Plummet to Lowest Level in Over a...

Revolutionizing Home Sales: Innovative Financing for Sellers

A critical aspect of real estate transactions is the need for strategic enhancements to maximize property value. From landscaping to major repairs like roofing or foundation fixes, these investments are pivotal in the “improve-to-sell” approach favored by agents and homeowners alike. Yet, the greatest challenge often lies in financing these improvements. Originating in the competitive… The post...

Zillow Expects Pluses From NAR Settlement, Reports Blowout Revenue Growth

While many industry incumbents are eyeing August 17 with nervousness, preparing for some level of turbulence and uncertainty, Zillow is coasting into the new real estate world on the back of a spectacular earnings report and confidence from executives that the company is well-positioned to take advantage of upcoming changes. The portal giant’s stock popped… The post Zillow Expects Pluses From NAR...

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