Why Demand for Vacation Homes Is Dropping
These factors are “hitting the second-home market much harder than the primary-home market,” says Redfin economist. www.nar.realtor – Vacation, Resort, and Second Homes
Tucson Team Is All in on Partnership
It didn’t take long for Laurie Hassey, who left the mortgage industry to sell real estate, and Layne Lundeen, a colleague at Long Realty in Tucson, to realize the benefits of teaming. “We knew that joining forces would not only give us more marketing impact but would also add value for our clients,” said Hassey.… […]
U.S. Inflation Continues to Drop in January, but Pace Slows
The road to reeling in inflation will take a lot of work, and new reports from the U.S. Bureau of Labor Statistics (BLS) offer a glimpse as to why. While the consumer price index (CPI) shows a persisting downward trend in inflation, it also indicates that the pace of easing is cooling. The latest CPI… […]
Global Spotlight: Kuala Lumpur and Tokyo Welcome Foreign Buyers
Above: Coral Bay, located in Sabah, East Malaysia, is home to properties ranging in price from $ 635K – $ 975K USD. This month, two Leading Real Estate Companies of the World® (LeadingRE) members provide a glimpse into the luxury markets in Malaysia and Japan. Caption: Butler Carey Real Estate Kuala Lumpur, Malaysia Carl P.T. […]
‘We Can’t Be Fragmented on Something as Important as This’
Above: Katie Lappe, left, with daughter Abby. Housing is for everybody. That is a goal, not a statement of fact. There remain a myriad of barriers—racial discrimination, lack of availability of homes, red tape, debt—that prevent huge swaths of people from achieving homeownership. If the mission of real estate professionals is to move toward that… […]
BCI Notches Historic Increase as Consumer Confidence Surges
The start of the new year is coinciding with a huge swell of optimism from real estate leaders, as RISMedia’s Broker Confidence Index (BCI) saw its largest single-month increase ever in January, shooting up from 5.5 to 6.5 against a backdrop of positive economic data and signs of new life in many markets. After falling… […]
Lennox Scott Shares His 2023 ‘State of the Nation’ Address
Editor’s note: The following is commentary submitted to RISMedia by J. Lennox Scott, chairman and CEO of John L. Scott Real Estate in Seattle, Washington. John L. Scott Real Estate, with 33 offices and over 1,500 agents, ranked No. 15 out of 1,000 firms on RISMedia’s 2022 Power Broker Report with over $ 12.5 billion […]
Great Spaces: A ‘Golden’ Opportunity on Florida’s Intracoastal Waterway
We travel to sunny Boca Raton to check out a waterfront oasis designed for the entertainer at heart. Property Highlights: Location: Boca Raton, Florida Listing Price: $ 41.5 million Features: 0.82-acre estate with eight bedrooms and nine bathrooms. Added Appeal: Outdoor amenities including a pool, hot tub, cabana, multiple patios and a boat lift plus […]