May 2024 Commercial Real Estate Market Insights
In Q2 2024, the office vacancy rate reached new record highs, approaching nearly 14%, while fundamentals in retail and industrial sectors decelerated. www.nar.realtor – Research
Why Frustrated Buyers are Dropping Out of the Market
It’s not a buyer’s market in residential real estate right now—and many buyers are dropping out in the face of unfavorable market conditions. Bright MLS (covering the mid-Atlantic) has published its latest member survey results for May 2024. The survey surmises consumer behavior from agent/broker responses, and the results are eye-catching. Of the buyer agents… […]
One Day at a Time: Four Ways to Support Frustrated Buyers
It’s hard not to sympathize with the current plight of homebuyers—particularly the younger generation attempting to break into the market. Along with broader systemic pressures like stagnating wages and crippling student loan debt, young people trying to enter the housing market are facing stiff competition, dwindling affordability and a lack of inventory (in most regions).… […]
Shaping the Path for Future Generations
In Nashville’s bustling real estate scene, Kayla Palmer—a REALTOR® at MW Real Estate Co.—emerges as a steadfast advocate for her clients. Originating from Mississippi, she’s woven herself into Nashville’s fabric over the last five years, leveraging her background in people management and process improvement. Passionate about inclusivity, Palmer highlights the evolving role that women play… […]
10 Top Habits of High-Performing Real Estate Teams
The winning formula to build and scale a successful real estate team in today’s market requires several must-haves, including a positive culture, a powerful marketing reach, effective communication and more. Here are 10 top habits of high-performing real estate teams to consider if you’re looking to form a team. Prioritize team culture A strong culture… […]
Existing-Home Sales Retreated 1.9% in April
Existing-Home Sales Retreated 1.9% in April Home sales changed little overall, but the upper-end market is experiencing a sizable gain due to more supply coming onto the market. Media Contact: Troy Green 202-383-1042
New York Regional Single-Family Home Price Increases 8.9% in April
Bringing positive housing news to both sellers and buyers in one of New York’s priciest areas, housing prices and inventory are both up over last year, according to the latest market report from OneKey MLS, which covers transactions from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains. OneKey’s latest data… […]
Mortgage Mix: FHA Requiring ‘Cyber Incident’ Reports; Homeowner Equity Hits New Record
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. -Leadership at Fannie Mae is highlighting the use of AI as a possible way to “get out of repurchases altogether,” according to National Mortgage News. At a Mortgage Bankers Association (MBA) conference last week, executives… […]