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…
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. According to the latest survey by Freddie Mac, mortgage rates saw a slight bump during the final days of September—with the 30-year fixed mortgage rate at 6.12% compared to 6.08% the previous week. The 15-year…
Any concerns about a slowing economy should be allayed for now. Employment grew substantially in September, per the latest release from the U.S. Bureau of Labor Statistics. The U.S. economy added 254,000 new payrolls over the past month—more than 100,000 higher than in August (where 142,000 jobs were added). The September growth results are much…
Homebuyers always have two options with their purchase: do they buy a previously-owned house, or a newly constructed one? Realtor.com® has published a list highlighting the 10 towns in the U.S. with the most affordable prices for newly constructed homes. The list cites a July report from the National Association of REALTORS® (NAR), which said…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. The last week of September was far from the bumpiest the real estate industry has experienced in recent memory, with lawsuit updates coming in the form of existing suits winding down or ending.…
According to the latest Personal Consumption Expenditures (PCE) Price Index (one of the economy’s key inflation gauges), prices increased 2.2% in August compared to the prior year. Minus more volatile prices such as food and energy, prices increased 2.7%. Month-over-month, there was only a 0.1% increase in the price index during August. July saw a…
The latest data from the U.S. Census Bureau found that, in August, 716,000 new single-family homes were sold—at the median sales price of $420,600. The new-home sales figure in August was also a noticeable annual increase from the August 2023 results, when 652,000 new homes were sold. These results also represent a slight drop from…
In July, home prices rose but moderated the rate of their growth, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. The annual gain in home prices was 5% in July—in June, the annual increase was 5.5%. Month-over-month, home prices saw a meager (seasonally adjusted) gain of 0.2%. While prices are…
It’s a confusing time to run or work in a real estate business, so it’s even more important that you and/or your team know how to work through these changes. But what hasn’t changed is the importance of location. If you’re looking to start a real estate team, consider relocation and check where the market…
Membership in the National Association of REALTORS® (NAR) has long been an essential requirement for real estate professionals, but that may soon change in the deep south. Alabama REALTORS® is now pushing to end mandatory NAR membership, allowing REALTORS® to only join local and statewide associations. Alabama REALTORS® CEO Jeremy Walker and President Senia Johnson,…
Jon Waclawski is a first-time RISMedia Real Estate Newsmaker and the vice president of political advocacy at the National Association of REALTORS® (NAR). A lawyer by trade, he doesn’t work directly with homebuyers or sellers—rather, his job is making the careers of the people who do so easier. For the latest entry in our Newsmakers…
The job of a real estate agent encompasses a great many skills, and you are unlikely to perfect every one of them. But, like with all professions, some skills are more important than others. Read more.
