The Federal Reserve (Fed) has turned expectations into a reality, making its first interest rate cuts since the start of the pandemic. Against the backdrop of a cooling job market and cooling inflation, all Fed officials opted to lower the federal funds rates by half a percentage point—50 basis points—to 4.75% to 5%, making a… The post Fed Makes Aggressive Interest Rate Cut appeared first on...
18 September 2024
This week was a whirlwind of celebration, learning, and leadership as I journeyed from the electrifying atmosphere at Levi Stadium, where my San Francisco 49ers clinched a win against the New York Jets, to the inspirational gatherings with our real estate teams and industry leaders across California. The week kicked off under the bright lights… The post Thoughts on Leadership: Celebrations and Insights...
eXp Realty® has announced the inaugural eXpcon Hackathon, using OpenAI’s technology, will take place Saturday, Oct. 26 in Miami Beach, Florida. The eXpcon Hackathon is designed to bring together leading minds in real estate technology, development and innovation, the brokerage stated. This event will serve as a dynamic platform for developers, tech partners, and innovators… The post eXp Realty To...
Stellar MLS has partnered with leading global real estate technology supplier Immobel to offer MLS Match—a direct referral network/marketplace to Stellar MLS customers. MLS Match is a specialized, private referral network and platform designed to connect real estate agents and offices across different market areas to exchange leads and referrals, Stellar MLS stated. The user-friendly… The post Stellar...
In real estate, branding is important. Name recognition, being “top of mind” and expanding your sphere are almost synonymous with success in the real estate business. At the same time, some agents take a “more is better” approach and seek to scrawl their logo, name, catchphrase or company on every billboard or knickknack they can… The post Name of the Game: 4 Things You Should Put Your Brand On,...
Above: Robert Bray and Michelle Urlacher Robert Bray CEO Michelle Urlacher President Bray Real Estate, a member of Leading Real Estate Companies of the World® Grand Junction, Colorado https://www.brayandco.com Region served: Mesa, Montrose, Garfield and Delta Counties Years in real estate: Robert: 51; Michelle: 20 Number of offices: 2 Number of agents: 63 What are… The post Broker Spotlight: Putting...
Lone Wolf Technologies announced that it continues to demonstrate its agent support with the launch of its Buyer’s Agent Club. This initiative comes as a direct response to the recent industry shift regarding agent compensation. The Buyer’s Agent Club is designed to empower agents with the tools, resources, and knowledge needed to navigate the evolving… The post Lone Wolf Offers More Agent Support...
Housing starts experienced an eye-catching increase in August, per the latest findings from the U.S. Census Bureau, 9.6% higher overall compared to last month, with single-family constructions up a sharp 15.8%. Privately-owned housing starts were at an annualized rate of 1.36 million during the month, while units authorized by building permits were at 1.48 million. … The post Housing Starts Jump,...
Ahead of today’s highly anticipated rate cut by the Federal Reserve, applications for home purchases saw a significant increase last week, their fourth straight week of increases. The Mortgage Bankers Association’s (MBA) reported that home purchase applications increased 14.2% from the previous week’s 1.4% increase, according to its latest Weekly Applications Survey for the week… The post...
Above: Andy Florance and John Featherston Photo Credit: AJ Canaria Against a backdrop of industry disquiet over foundational changes to residential real estate post-mandate, CoStar Founder & CEO Andy Florance took the stage at RISMedia’s 36th Annual CEO & Leadership Exchange earlier this month for a one-on-one conversation with RISMedia Founder & CEO John Featherston… The post Moving Past...