Above, from left, Dr. Lisa Sturtevant, Nykia Wright and Brian Buffini on this year’s RISMedia’s Real Estate’s Rocking in the New Year, the fifth-annual virtual event held January 9. After a year of upheaval and uncertainty in the real estate industry, it was clear last week by the thousands in attendance at RISMedia’s Real Estate’s…
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. –Senate Amendment 2358, a bill aimed at limiting the use of mortgage trigger leads, has been stripped from the Senate’s Fiscal Year 2025 National Defense Authorization Act (NDAA). According to National Mortgage Professional, the…
Above, Jon Acuff “A crisis will filter out people who are casual and encourage true professionals to rise to the challenge. The excellent are going to rise and build during this moment and come out of this even stronger.” If there was ever a more accurate word to describe what the real estate industry has…
After an aggressive half percent cut in September, the Federal Reserve followed through on an expected but more measured quarter percentage point rate reduction Thursday, just days after an historic election outcome that economists say could cause disruption in the housing market in 2025. The cut to the Fed’s benchmark interest rate brings it to…
Above, from left, Jillian Young, Donny Samson, Drayton Saunders, Kate Rossi and Cindy Ariosa. Photo by AJ Canaria. As the industry reconciles with new realities in the post-National Association of REALTORS® (NAR)-settlement era, agent attrition has been acknowledged as one of the expected consequences. Some top real estate minds recently gathered to discuss solutions—not only…
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. While mortgage rates reached a 19-month low this week, industry experts cautioned it still isn’t enough to significantly alter a hindered housing market for buyers and sellers, who are still facing over-inflated home prices and…
Real estate professionals know that attending educational and networking events in-person is one of the best ways to improve and invest in their business by getting actionable takeaways and insights directly from their respected and revered industry leaders. In a post-NAR-mandate world, the importance of learning from brokerage executives and industry experts who are guiding…
In a second quarter earnings call Aug. 1, Anywhere Real Estate reported $30 million in profits for the quarter, reversing a downward trend over the last few quarters to post an $11 million increase from the same period last year. Revenue remained relatively flat YoY, with $1.669 billion reported, a slight decline over last year’s…
Before the wave of litigation and investigations that has engulfed the residential real estate industry this past year, the Burnett vs. NAR case and its historic $1.8 billion settlement award handed down to the plaintiffs on October 31, 2023 set the precedent. Regular readers of RISMedia may remember last fall that leading up to and…
As mortgage rates remained elevated, tipping over the 7% mark last month, sales of new homes fell significantly in May, down 11.3% below the revised April rate of 698,000 and 16.5% below the same activity a year ago, according to the latest data released Wednesday by the U.S. Department of Housing and Urban Development and…
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