According to a filing in federal court today, the National Association of REALTORS® (NAR) is planning to appeal to the Supreme Court after a panel of judges allowed the Department of Justice (DOJ) to reopen its inquiry into several NAR policies. NAR will file its appeal to the nation’s highest court by Oct. 10, the… The post BREAKING: NAR Will Appeal DOJ Investigation to Supreme Court appeared first...
August 2024
Century 21 Real Estate LLC has announced a network expansion in Silicon Valley with its latest affiliation of female-led Anew Elite Realty based in San Jose. According to a release, the boutique luxury firm was established in 2022 by current broker/owner Karen Fangfang Xu. Xu is an international globetrotter, who left her home in China… The post Century 21 Expands in Silicon Valley With Affiliation of...
Next Tuesday—September 3, 2024—is the final day to nominate a 2025 Real Estate Newsmaker! Don’t miss your chance to acknowledge and applaud your colleagues and peers for their achievements and contributions this year. RISMedia’s 2025 Newsmakers will be spotlighted in Real Estate magazine early next year, and featured in the online Newsmakers directory at rismedia.com.… The post 2025 Real Estate...
Paying off a mortgage is a momentous financial achievement. It can happen during the process of selling a home or before. During a sale, homeowners often ask me when they should stop paying a mortgage. My guide will walk you through the entire process, from understanding your mortgage terms to updating your records. I will… The post Understanding the Home Mortgage Payoff Process: A Complete Guide...
The National Association of REALTORS®’ (NAR) latest report on pending home sales found a 5.5% drop-off in July 2024. Compared to July 2023, the decline is even steeper at 8.5%. In June, pending sales reversed a three-month decline and rose 4.8%. July also saw the first increase in existing-home sales in four months. Those hoping… The post Pending Home Sales Can’t Sustain Midsummer Momentum appeared...
REsides, Inc. announced the appointment of William Long as Vice President of Business Development. In this role, Long will leverage his extensive experience in business development and sales to drive growth, expand market share and strengthen relationships with key real estate industry stakeholders across the US. He will focus on creating impactful client partnerships and… The post REsides Appoints...
Stellar MLS showcased its innovative solutions and latest tools for the real estate industry at the 2024 Florida REALTORS® Convention & Trade Expo last week at the Rosen Shingle Creek in Orlando. With some 3,000 registrations and 200 industry experts and exhibitors, the annual event offers real estate professionals an opportunity to connect with industry… The post Stellar MLS Showcases Offerings at...
Falling to its lowest level since May 2023, the average 30-year-fixed mortgage rate fell again this week to 6.35%, down from last week’s 6.46%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: The 30-year FRM averaged 6.35% as of August 29, 2024, down from last week… The post Mortgage Rates Continue Falling Ahead of Expected...
Above, from left, Blake Arceneaux, Taylor Burkhead, Sydney Hathaway, Colton Heffley and Heather Stenson. RISMedia recently announced the Top 25 regional Rookie of the Year finalists for 2024. The third annual Rookie of the Year program, sponsored by Colibri Real Estate, is designed to honor real estate agents who are new to the business, yet… The post Meet the Southern Region Real Estate 2024 Rookie of...
Real estate is both a hyperlocal industry and one highly susceptible to both national and macroeconomic trends. Paying attention to the bigger picture might as well be in the job description for any agent or broker. Here are some ongoing real estate trends that agents, brokers and other industry professionals alike should keep in mind… The post Real Estate News and Trends to Keep An Eye On appeared first...