Residential Real Estate
Biden-Harris Administration Announces Actions to Increase Affordable Housing Supply
Today’s actions included an additional $ 100 million in grant funding to assist state and local governments with identifying and overcoming barriers to housing development. www.nar.realtor – Fair Housing
National Association of REALTORS® Provides Final Reminder on New Practice Change Implementation
The National Association of REALTORS® has issued a final reminder to members, real estate professionals and consumers that on Saturday, August 17, 2024, the practice changes following NAR’s settlement agreement that would resolve claims brought on behalf of homesellers related to broker commissions, will be implemented nationwide. According to a release, REALTOR® MLSs (those owned… […]
Unprecedented Times Call for Tried and True Approach
Whether you are relatively new to real estate or an experienced veteran, I’m sure we can all agree that our industry is in the midst of a lot of change. For many of us, the changes that are following the NAR lawsuit are fundamentally changing the mechanics of the business. That’s why it may seem… […]
Housing Market Outlook: What to Pay Attention to in Uncertain Times
In an upcoming keynote presentation at RISMedia’s CEO & Leadership Exchange, Bright MLS Chief Economist Lisa Sturtevant will provide an update on economic and housing market trends as we head into the last quarter of 2024. Sturtevant will discuss the key factors we need to watch in order to better understand where the market is… […]
The Impact of Interest Rates on Condo Sales
Interest rates are critical in the real estate market, especially in selling condominiums. Understanding this impact can help buyers, sellers and investors make informed decisions. Introduction to interest rates and condo sales Interest rates are the cost of borrowing money, typically expressed as an annual percentage of the loan amount. They influence the affordability of… […]
Mortgage Mix: Rates Dip Sharply; Major Lender Prepping for Refinance Boom
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. Per the latest survey by Freddie Mac, mortgage rates experienced a noticeable drop during the first week of August 2024–the lowest rate in over a year, in fact. The 30-year mortgage rate is 6.47%, down… […]
Falling Upwards: The Art of Failing Forward in Real Estate
As real estate agents, you face countless challenges and obstacles in your journey to success. It’s easy to get discouraged when things don’t go as planned, but here’s something every agent should consider, regardless of how long you’ve been an agent: Every failure is actually a stepping stone to greater achievements. This is the essence… […]
Buffini & Company Launches New Designation Training Program
Buffini & Company is launching a new training program for real estate professionals to win business as they face the new rules of real estate. The company stated the new Certified Full-Service Professional (CFSP) designation training program is aimed at helping real estate professionals attract and keep customers, communicate their unique selling proposition and stand… […]