August 2024 Commercial Real Estate Market Insights
In July 2024, office vacancy rates remained at a record high of 13.8%, retail and industrial fundamentals softened, and demand for apartments surged. www.nar.realtor – Research
Mortgage Mix: Fed Rate Cut Closes in; CFPB Fines New Day Financial
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. – A Federal Reserve interest rate cut is looking more and more imminent with this month’s Personal Consumption Expenditures (PCE) price index data. The PCE index increased 0.2% from the previous month, and core-inflation rose… […]
Consumer Confidence Up Slightly in August Due to Economy and Inflation
The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, rose in August to 103.3, from an upwardly revised 101.9 in July, while the Present Situation Index—based on consumers’ assessment of current business and labor market conditions—improved to 134.4 from 133.1. The Expectations… […]
Consistency Is Crucial When Negotiating With Consumers
Now that practice changes have taken effect, ensure consumers are treated equally by developing policies to guide your conversations about compensation. www.nar.realtor – Fair Housing
Meet the Western Region 2024 Rookie of the Year Finalists
Above, from left, Courtney Bullock, Victor Gutierrez, Shirley Kimmel, Kaitlin VanRoosendaal and Yankun Zhen. RISMedia recently announced the Top 25 regional Rookie of the Year finalists for 2024. The third annual Rookie of the Year program, sponsored by Colibri Real Estate, is designed to honor real estate agents who are new to the business, yet… […]
Women in Real Estate: Redefining Leadership
Above, Whitney LaCosta and Jemila Winsey More than 400 of the industry’s most powerful residential real estate decision-makers will converge on Washington, D.C., September 4 – 6 for RISMedia’s 36th Annual CEO & Leadership Exchange, where we’ll candidly discuss the most critical trends and issues currently affecting real estate professionals and reshaping the future of… […]
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