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 […]
Reformers See Opening to Address Racist Appraisals
It is not often that you can so easily capture hundreds of years of racial discrimination in the view from one street. But in the city of St. Louis, Missouri, along a line called the Delmar Divide, it barely takes a glance. On one side lies the neighborhoods where white residents, assisted by city leaders […]
4 Reasons It Pays to Work With a Family-Owned Business
If you had to choose a real estate technology solution from three different firms—one company is VC-funded, the other listed on Wall Street and the third family-owned—who would you pick? Clearly, you would need more information…but in this case, the best choice may not be the obvious one. However, the choice is easy. I’ve been […]
Second-Home Demand Shows Signs of Slowing
More potential home buyers may be getting priced out of second homes. Rising prices and loan increases are slowing demand after a pandemic-driven boom in the sector. www.nar.realtor – Vacation, Resort, and Second Homes
Instant Reaction: Mortgage Rates, May 19, 2022
Following the 10-year Treasury yield trend, the 30-year fixed mortgage rate fell to 5.25% from 5.30% the previous week. www.nar.realtor – Research
Introducing RISMedia Premier: Best-In-Class Real Estate News and Information
Over the past year, RISMedia has been stepping up its game to deliver on its promise to serve real estate professionals with the most informative and actionable content in the industry. And today, the company is pleased to announce it has taken this commitment to the next level with the launch of RISMedia Premier, a […]