Michael Catarevas

Michael Catarevas is a senior editor for RISMedia.

Posts by Michael Catarevas

Consumer Sentiment Stays Positive, Though Down From a Year Ago

The latest University of Michigan Consumer Sentiment Index, released July 31, showed that Americans are optimistic about the economy. With June’s number at 49.5, the final July index of 55.2 represents a worthy uptick, showing that consumers are becoming more positive about their personal financials and the ongoing economic environment.  “Consumer sentiment confirmed its early-month…

Compass Joins Upstart ARA as Association Co-Founder Says Industry Needs ‘Branding Reboot’

After recently aligning with REMAX in June for its first major coup, the American Real Estate Association (ARA) announced on July 28 that Compass International Holdings has officially joined the organization. As with REMAX, agents affiliated with Compass’s portfolio of brands will have the choice to become members of ARA.  This landmark move gives agents…

Prices

Good News for Buyers! Builders Are Cutting Home Prices All Over the U.S.

In today’s frazzled residential real estate market, with mortgage rates stubbornly high and inventory issues in many parts of the land dovetailing high prices for homebuyers, it is always nice to see some data favorable to buyers. Namely—builders have overestimated the demand for their finished houses and are slashing prices in many cities, according to…