RISMedia Staff

Above, a screenshot from one of Homes.com’s new ads featuring Dan Levy of “Schitt’s Creek” fame and SNL’s Heidi Gardner.  During one of America’s most enduring traditions, Super Bowl Sunday, Homes.com plans to make history, regardless of who takes home the championship trophy.  Through four commercials reaching some 113 million viewers, the rapidly ascending real…

At the 2024 REALTORS® Legislative Meetings on Tuesday, May 7, 2024, the “Emerging Business Issues and Technology Forum,” featured a panel of experts exploring how AI and augmented reality will shape the real estate industry. The panel was moderated by Julie Whitesell, chair of the Emerging Business Issues and Technology Forum and broker in charge…

Fannie Mae has announced new enhancements to its Income Calculator tool that will help mortgage professionals serve the growing number of mortgage applicants who are self-employed and don’t have traditional sources of income. The new web interface provides an additional, free avenue to access Fannie Mae’s existing Income Calculator functionality, which the company introduced in…

While the market is still unsettled—especially in regards to the currently pending NAR settlement and the changes that will bring to the industry—home sales continue as always. However, sellers have lost a little bit of the upper hand in the market as of late when it comes to a housing market correction. For sellers looking…

The National Association of REALTORS® (NAR) recently released data showing that nearly every metro area it tracks—93%—posted year-over-year price increases in the first quarter of 2024. The top 10 metro areas with the largest year-over-year median price increases, which can be influenced by the types of homes sold during the quarter, all registered gains of…

Mortgage applications increased 2.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 3, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, increased 2.6% on a seasonally adjusted basis from one week earlier.  On an…

The latest monthly update to the Fannie Mae Home Purchase Sentiment Index (HSPI)–for April 2024–shows the index at 71.9 percentage points (representative of how many consumers think now is a good time to buy). The rating is unchanged from March 2024 and 5.1 points higher from April 2023.  In a release, Fannie Mae described these…

ERA® Real Estate has announced the launch of its ERA Coaching Program. The program, designed for all ERA-affiliated agents regardless of experience level, is offered at no cost to participants.  The ERA Coaching Program will gather agents in their brokerage’s office to attend the program via watch parties. The program consists of seven, two-hour live,…

The National Association of REALTORS®’ Chief Economist Lawrence Yun forecasted that interest rates will fall in the long term, 2024 existing-home sales will rise to 4.46 million (up 9% from 4.09 million in 2023) and 2025 existing-home sales will increase to 5.05 million (up 13.2% from 2024)—with further gains in eight of the next 10…

The National Association of REALTORS®, the National Association of Home Builders, the Mortgage Bankers Association, the American Land Title Association, National Apartment Association, U.S. Mortgage Insurers, National Multifamily Housing Council, Asian Real Estate Association of America, American Property Owners Alliance, Leading Builders of America and Nareit express thanks to Reps. Mark Alford (R-Mo.), J. Luis…

PropStream’s President Brian Tepfer has announced the company has upgraded its data sets, utilizing the power of Predictive Real Estate Data to pave the way for new features and proprietary AI predictive analytics. Listed new features include: Enhanced valuation modeling Localized demographic data  New lead lists Photo AI insights AI predictive property scores “Coverage, speed,…