Mortgage Mix: Despite Elevated Mortgage Rates, Positive Signs and Renewed Confidence in the Housing Market Are Emerging

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. This past week, RISMedia published one of its “Storytellers” features on “The Mobile Mortgage Mom,” who is taking her business—and her family—on a unique and unprecedented trip, bringing her passion to communities around the country.… The...

Breaking Down Barriers on the Path to a More Diverse, Equitable and Inclusive Future

Above, from left, Lisa Nguyen, Nora Aguirre, Jemila Winsey and Anita Legacy Blue In recent years, the real estate industry has been undergoing a transformative shift toward greater diversity, equity and inclusion (DEI). To gain insights into this evolution, we gathered perspectives from four influential women at the forefront of championing DEI initiatives in the… The post Breaking Down Barriers on the...

Forbes Publishes New Global Report, ‘Perspectives’

Forbes Global Properties has announced it has published “Perspectives,” a new report compiling information from more than 17,000 experts, concentrating on 21 luxury real estate markets worldwide. “Through the insights and outlooks of our global network, we paint a vivid picture of real estate’s current state and future trajectory,” said Michael Jalbert, CEO of Forbes… The post Forbes Publishes...

PropStream to Attend the Brandon Turner REI Summit

PropStream, a real estate lead generation platform, has announced it is attending the Brandon Turner REI Summit from May 3-5, 2024, in Denver, Colorado. The event will take place at the Hyatt Regency Denver in the Colorado Convention Center. The REI Summit, hosted by BetterLife, is a conference that gathers real estate investors to learn… The post PropStream to Attend the Brandon Turner REI Summit...

Don’t Forget the Basics: How to Market a Home in a Seller’s Market

Selling your home is a significant decision. The right strategies can make the process smoother and more profitable. Even in a seller’s market, you can’t take the basics of selling a home for granted. We will cover critical strategies, including professional photography, online platforms and writing compelling descriptions. We aim for clarity, brevity and effectiveness… The post Don’t Forget the...

Attorneys Say Legal Battles Will Continue as Companies Face Tough Choices

“This is not the end. It is not even the beginning of the end—but it is, perhaps, the end of the beginning.” Winston Churchill was referencing battles and war, not real estate, when he spoke those words. But in the lower-stakes context of the National Association of REALTORS® (NAR) settling seller lawsuits last week, the… The post Attorneys Say Legal Battles Will Continue as Companies Face Tough...

Existing-Home Sales Surged in February

Existing-home sales surged last month, up 9.5% in February, reaching a seasonally adjusted rate of 4.38 million—the largest monthly increase since the same period last year—according to the latest report from the National Association of REALTORS® (NAR). “The uptick in sales activity between January and February is a good sign, but there is some uncertainty… The post Existing-Home Sales Surged in...

Mortgage Rates Back on the Upswing, Nearing 7%

After two consecutive weeks of declines, mortgage rates are back on the rise this week, up to 6.87% from last week’s average of 6.74%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday.  This week’s numbers: The 30-year FRM averaged 6.87% as of March 21, 2024, up from last week… The post Mortgage Rates Back on the Upswing, Nearing 7% appeared first...

Residential Construction Helps Drive First Leading Economic Indicators Upswing in Two Years

The Leading Economic Index (LEI) increased by 0.1% in February to 102.8,  marking the first time in two years the business-cycle monitor showed an uptick, thanks in part to residential construction, according to the latest release from The Conference Board.  According to the latest report, the increase follows a 0.4% decline in January. Over the… The post Residential Construction Helps Drive First...

Adapting to Emerging Trends

Chris Raveis Co-President/President of Residential Sales William Raveis Real Estate, a member of Leading Real Estate Companies of the World® Shelton, Connecticut https://www.raveis.com Region served: Connecticut, Florida, Massachusetts, Maine, New Hampshire, New York, Rhode Island, South Carolina and Vermont Years in real estate: Since 1993 Number of offices: 150 Number of agents: 4,500-plus Best...

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