Mortgage Applications Decrease During Last Week of May
Mortgage applications decreased 2.3% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA), released Thursday. The drop marks the third straight week of declines, indicating that market headwinds continue to hinder both refinancing and new mortgages. Key findings: The Market Composite Index, a measure of mortgage loan […]
May 2022 Commercial Market Insights
The pace of absorption has slowed in the industrial and retail markets as consumers cut back on spending amid high inflation. www.nar.realtor – Research
These Myths Cost Homeowners Money
Homeowners are constantly on the lookout for clever hacks to make managing and cleaning a home easier, but some of these tricks may be costing them money in the long run. www.nar.realtor – Real Estate Story Ideas
Hire Slow and Fire Fast
Building a team is hard work. There is so much more to it than just finding someone to do administrative tasks or finding agents who are eager to work. Most agents and team leaders make the mistake of hiring friends or family members or hiring the first applicant we hear from. We jump in, anxious […]
ERA® Real Estate Announces Affiliation of Treanor Real Estate
ERA® Real Estate has announced the affiliation of ERA Treanor Real Estate in Southington, Connecticut, which serves the central region of the state, including Southington, Cheshire, Bristol, Wolcott, Plainville, New Britain, Farmington, Avon, West Hartford, Wallingford, Waterbury, Watertown, Middletown and Cromwell, a release stated. The firm is owned and led by Jim Treanor, who started […]
15 Markets are 60% Overvalued, New Report Finds
As home prices have shown no signs of slowing through the first half of this year, researchers who have been tracking so-called “overvalued” housing markets since 2020 are warning some metros have become “a risky bet” as their methodology shows a dangerous disconnect between historical trends and current prices. “If we’re not at the peak […]
Oregon Ban on Love Letters Deemed Unconstitutional
Following a preliminary injunction temporarily prohibiting Oregon’s enforcement of its statutory ban on love letters, the parties reached a settlement agreeing the ban violates the First Amendment and that the statute will no longer be enforced. www.nar.realtor – Fair Housing
7 Strategies to Set Expectations With Your Team Members for Success
So often team leaders set up their teams without setting expectations. This leads to frustration for both the agent team member as well as the team leader. Clear cut expectations are necessary to ensure everyone knows what you expect from them every day, week, month, quarter and year. Having clearly communicated guidelines for each member […]
Pending Home Sales Descend 3.9% in April
Pending Home Sales Descend 3.9% in April The latest contract signings mark six consecutive months of declines and are at the slowest pace in nearly a decade. Media Contact: Quintin Simmons 202-383-1178
Ukraine Invasion Is an Ethical “Line in the Sand” for Brands
It is impossible, as a citizen and a human being, to ignore the events currently unfolding in eastern Europe, as Russia wages what amounts to a war of conquest against the fledgling democracy of Ukraine. Apart from his own propaganda and few isolated echo chambers, Russian President Vladimir Putin is being widely condemned and isolated […]