Thanks to the recent declines in average mortgage rates of late, mortgage application activity has seen a small but steady increase for the third-straight week. This week, applications are up 1.9% from last week’s slight uptick of 0.5%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week… The post Mortgage Applications Up for Third...
The U.S. Department of Veterans Affairs (VA) plans to issue a circular before June 12 in the wake of the National Association of REALTORS®’ (NAR) historic settlement, with hopes to “bridge the gap” on the buyer commission prohibition between buyers agents and veterans. Department of Veterans Affairs Deputy Director for Policy Michelle C. Corridon announced… The post VA Will Suspend, Work On...
This week finds me once again in the familiar setting of my home office, where I began Monday with my usual WIG calls, continuing the tradition of starting my week focused and connected. These regular WIG calls, simple as they may seem, are much like the ‘small wins’ highlighted in leadership studies. Each call, a… The post Thoughts on Leadership: The Power of Small Wins in Leadership appeared first...
In April, median rent prices dropped yet again nationwide, down 0.7% for most properties, with three major metros—namely, Austin, Texas; Las Vegas, Nevada; and San Francisco, California—seeing prices fall compared to each city’s individual peak, according to the latest Realtor.com® rental report. In contrast, rent in Indianapolis, Milwaukee and Minneapolis reached new highs. “In the… The post...
Existing-home sales receded in April, according to the National Association of REALTORS® (NAR) latest report, released May 22. All four major U.S. regions posted month-over-month declines. Year-over-year, sales decreased in the Northeast, Midwest and South but increased in the West. Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and...
With low inventory having hamstrung the residential real estate industry over the last year or so, some potentially problematic houses might gain traction with homebuyers. Agents would be wise to keep track of homes that many people would not be very interested in if the market were more normal. But, alas, it is not normal,… The post 4 Types of Homes Unwanted by Most, But Not All, Buyers appeared first...
JPAR® has been recognized as a 2024 Top Franchise for Diversity, Equity, and Inclusion by Entrepreneur. This accolade underscores the company’s commitment to promoting a culture of openness and an organization committed to mirroring the communities served among the network of franchisees, staff and agents. Entrepreneur’s ranking system for this award category is distinctive, relying… The post JPAR®...
Real Estate Webmasters has announced the launch of the new Parks Realty website, www.parksathome.com. This state-of-the-art platform is designed to enhance the real estate experience for clients and agents in the Middle Tennessee area. Parks Realty, a locally owned company with over 49 years of experience, stated they are known for their commitment to client… The post Real Estate Webmasters Launches...
Harry Norman, REALTORS has announced that company real estate professionals have been nominated in 24 of the 35 categories for the Interiors Atlanta 2024 Real Estate Awards, including “Industry Icon,” “Top Industry Newcomer,” and more. The announcement was made in the latest issue of Modern Luxury Interiors Atlanta (Volume 2). The Interiors Atlanta 2024 Real… The post Harry Norman, REALTORS®...
Above, Heather McColaugh, Eric Landry Back for its third year, RISMedia’s Rookie of the Year contest honors agents who are new to the business yet achieving extraordinary results. And now is the time to nominate a 2024 Real Estate Rookie of the Year! Nominations may be submitted here. Deadline ends 11:59 p.m. on Wednesday, June… The post A Look Back at the 2023 Rookie of the Year Regional Finalists:...