real estate news

Existing-Home Sales Stuck

August 22nd, 2018
Another Month, Another Sales Slump For the fourth month straight, existing-home sales slid, the National Association of REALTORS® (NAR) reports. Activity declined 0.7 percent in July, to 5.34 million, down 1.5 percent from the prior year. Inventory rewound, as well,...

U.S. Housing Markets Moving Into Rent Territory for First Time in Over 8 Years: Report

September 3rd, 2018
U.S. housing markets, when viewed as a whole, are now in rent territory, meaning renting and reinvesting, on average, will outperform owning and building equity in terms of wealth creation, according to the latest national index produced by Florida Atlantic...

Fast Facts: House-Hunting With Kids in Tow

September 10th, 2018
Buyers with children have different needs than those without. According to the National Association of REALTORS® (NAR) 2018 Moving with Kids Report (part of NAR’s Profile of Home Buyers and Sellers): Buyers with children prioritize schools—unsurprisingly. Fifty percent of buyers...

7 Benefits of a Federal Reserve Interest Rate Hike

September 18th, 2018
(TNS)—Interest rates are going up. The Federal Reserve in June hiked rates for the second time in 2018, and there could be two more rate hikes before the end of the year, including one at this month’s Fed meeting. Sure, the...

Mortgage Rates at Record Not Seen Since Spring 2011

September 27th, 2018
The average 30-year, fixed mortgage rate rocketed to 4.72 percent this week, at a record not seen since spring 2011, according to Freddie Mac’s latest Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed mortgage rate rose to 4.16 percent,...

LGBT Homeownership: Affordability and Fear of Discrimination Dominant Deterrents

October 7th, 2018
The LGBT community is largely holding back from homeownership, according to a recent survey conducted by Freddie Mac in collaboration with Community Marketing and Insights, which polled 2,313 LGBT community members in the U.S. aged 22-72. In fact, compared to...

Flipping the Model to Put Agents on Top: Realty Group Inc.

July 21st, 2018
(L to R) Long Doan, Broker/CEO, and Mike Bernier, President/Co-owner, Realty Group Inc. For Long Doan, broker and CEO of Minnesota’s fast-growing Realty Group Inc., success is measured by the achievement of his partner-agents. “Every one of our agents is...

International Real Estate Sales Slide in U.S.

July 29th, 2018
Against insufficient inventory and mounting prices, international sales are sliding, according to the National Association of REALTORS® (NAR) 2018 Profile of International Transactions in U.S. Residential Real Estate, an annual survey. Foreign home purchases sank 21 percent from April 2017...

Investing in Strong Personal Interactions

August 6th, 2018
In the following interview, Tommy Brigham, chairman and founding partner of ARC Realty, a member of Leading Real Estate Companies of the World® (LeadingRE) in Birmingham, Ala., discusses marketing, recruiting, referrals and more. Region Served: Greater Birmingham, Montgomery and Wetumpka...

Making Brokers the Center of the Universe

August 14th, 2018
The approach that’s made MoxiWorks a star What was born and bred within a forward-thinking brokerage now stands as one of the most well-entrenched technology players in the residential real estate industry. Since its launch as an independent entity in...
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