Above, from left, Shane McCullar, CEO and Operating Principal of KW Metro Center and Kate Papkin, general manager. Shane McCullar is on a mission. As CEO and operating principal of KW Metro Center in Northern Virginia for nearly two decades, McCullar has grown his brokerage from 35 agents in one office in 2007 to over… The post Carving Out New Paths to Growth appeared first on...
11 October 2024
Conditions are improving for buyers in the Mid-Atlantic, with mortgage rates down and housing inventory up, according to a recent report from Bright MLS. Bright MLS’s Housing Report for September found that there was a total of 19,945 new pending sales in the Mid-Atlantic in September, up 10.3% from last year and the eighth consecutive… The post Bright MLS Reports Mid-Atlantic Sees More Buyers as...
A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale? Consumer sentiment dipped slightly in the early days of October 2024, from 70.1 to 68.9, per the latest report for the University of Michigan. This monthly change comes in below expectations; median… The post Consumer Sentiment Shifts From Gains to Slight Decline appeared first on...
Recent changes in the real estate industry have introduced new ways of doing business for brokers and agents. These changes demand strong leadership, transparency and adaptability to navigate the evolving landscape successfully. A fundamental change in the new NAR rules requires buyers to have a written agreement with a broker or agent to be able… The post Navigating the New NAR Rules: Best Practices for...
A plurality of potential homebuyers believes that it still isn’t the right time to pull the trigger on homebuying, according to Fannie Mae’s latest Home Purchase Sentiment Index (HPSI). The data highlights a number of troublesome trends, the most eyebrow-raising of which is that respondents’ perception of home-buying conditions continues to linger near its all-time… The post Fannie Mae Tracks...