The holiday season is a unique time for the real estate market. Understanding how holidays affect home sales now can guide buyers and sellers in making informed decisions if they decide to enter the market at that time of year. I have provided detailed information to help potential home sellers whether it makes sense to… The post The Impact of Holidays on Home Sales appeared first on...
August 2024
Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, has announced the acceptance of seven companies to the 2024 REACH Commercial program. This marks the sixth cohort dedicated to scaling solutions for commercial real estate. NAR stated that companies selected for the 2024 program represent a diverse range of solutions across… The post NAR Announces Companies...
In more signs the market may be normalizing, Realtor.com’s latest housing report shows inventory levels rising to a post-pandemic high, along with price cuts reaching their highest rate since October of last year. According to Realtor.com®’s July Monthly Housing Market Trends Report, the market is becoming more buyer friendly with homes actively for sale growing… The post Report Shows...
As the mortgage industry continues to see signs—lowering mortgage rates and worsening applications—that point to the strong possibility of a Federal Reserve interest rate cut this fall, lenders continue to fight through challenges and work to profit. Rocket Companies has continued to fight the changing tide of mortgage market challenges and see success, as their… The post Technological Focus...
A longstanding practice, the very concept of buyer agency—and the value buyer’s agents bring to the home-buying journey—is being challenged within the industry today. As practice changes required under the National Association of REALTORS®’ (NAR) Settlement Agreement go into effect this month (as of press time), Realtor.com is doubling down on its commitment to not… The post Standing Up for...
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. CoStar Granted Expedited Discovery in Realtor.com’s Data-Theft Lawsuit CoStar Group’s application to expedite discovery in the data-theft lawsuit filed against them by Move, Inc. (Realtor.com®’s parent company) has been granted by the...
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. – The Federal Reserve announced that they are continuing to keep rates steady and are again making no changes at the latest FOMC meeting on Wed., Aug. 31. Inflation has cooled, however it is yet… The post Mortgage Mix: Incoming Rate Cut Reflected in...
The National Association of REALTORS® has announced the roster of its 2025 Leadership Academy class. Twenty REALTORS® from across the country have been chosen to participate in the 10-month program, which will prepare emerging state and local volunteers for future leadership positions at NAR. “The Leadership Academy develops and prepares upcoming leaders to help shape… The post NAR Announces 2025...
Above, Brian Buffini Forget everything you knew about how real estate worked in the past. That was then, and this is now. Gone are the days of real estate being an easy living to earn quick cash for minimal effort. Economic shudders compounded by recent court rulings and a landmark legal settlement on how real… The post A New Designation for the New Rules of Real Estate Engagement: Introducing the...
Broward, Palm Beaches & St. Lucie REALTORS® announced the licensing agreement of their award-winning Only a REALTOR® campaign’s Box of Memories commercial with the recently merged Greater Tampa REALTORS® and Pinellas/Central Pasco REALTOR® Association. “It takes a collective effort and investment to influence change on such a grand scale, and this licensing partnership continues our… The...