News

Rigor Mortis Sets in for ‘Zombie Foreclosures’

In movies about the rise of the living dead—whether raised by dark powers, alien fungus or a rogue supervirus—armies of zombies nearly always have one thing in common: they move slowly. In the real estate industry this trope appears to...

Rental Market Bounces Back From Pandemic’s Peak

The rental industry is back in full force, with rents in the 10 biggest U.S. tech cities surpassing March 2020 levels by an average of 6.3%. As we near a post-pandemic market, rents have grown at a double-digit pace (+13.6%)...

November Is a Perfect Time to Expand Your Credentials

Perspective and experience have defined my path as a professional. As a homeowner, former REALTOR®, lifelong learner and a leader for the Center for REALTOR® Development (CRD), I am grateful for a unique outlook on the real estate industry. Being...

Commercial and Multifamily Borrowing Up 119% in Q3

Commercial and multifamily mortgage loan originations were 119% higher in Q3 compared to last year, increasing 19% from the second quarter, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The details: – All property...

CFPB on Halting False Identification by Background Screeners

The Consumer Financial Protection Bureau (CFPB) recently issued an advisory opinion affirming that consumer reporting companies, including tenant and employment screening companies, are violating the law if they engage in shoddy name-matching procedures. Regulators are concerned about the significant harms...

Leave a Lasting Impression: A Guide to Closing Gifts

For agents and clients everywhere, closing day is one of the most rewarding moments in a real estate journey. Whether you’re representing the buyer or the seller, closings should be a celebration of all of the time, stress and hard...

Headliners Week of 10/31 – 11/6

News Catch Up on This Week's Biggest Stories /wp-content/uploads/2021/11/Headliners_110621_OPT.mp4 RISMedia Associate Online Editor breaks down this week in news for ‘Headliners.’ In focus: Zillow drops out of the iBuying game, mortgage rates threaten to dampen home demand and a recent...

Women and Leadership: Stepping Out of Your Comfort Zone

VITALS: Jeanette Schneider RE/MAX of Southeastern Michigan Years in business: 31 Size: 50-plus offices, 900 agents Region Served: Southeastern Michigan 2020 Sales Volume: $2,758,665,244 2020 Transactions: 13,268 www.remax-detroit.com Jeanette Schneider admits that she took her initial position with RE/MAX because...

How Accessible Is the American Dream for the Disabled?

Home-buying can be a frustrating experience for buyers. It can be even more discouraging when clients feel like an agent doesn’t understand their needs. Real estate professionals suggest this may be the case for thousands—even millions—of people looking to enter...

Labor Issues in Construction a Crisis for Housing

Among the many mitigating issues that have left the housing industry woefully short on inventory, labor remains “a key limiting factor,” according to a new report from the Home Builders Institute (HBI), which warns that skilled labor shortages are both...
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