The more than $2.2 trillion in collective 2021 sales volume reported by the Top 1,000 respondents to RISMedia’s 34th Annual Power Broker Survey is truly historic. Yet it doesn’t tell the complete tale of last year’s residential real estate market. The missing piece? Compass. While recent industry media coverage has declared Compass “the largest brokerage…
After three weeks of increases, mortgage applications decreased 5.4% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending July 1, 2022. This week’s results include a holiday adjustment to account for early closings the Friday before Independence Day. Additional key findings: The Market…
ERA® Real Estate has announced the affiliation of ERA Home 2 Home. The company is based in Nampa, Idaho, and serves the greater Boise metropolitan area. The full-service firm specializes in residential sales, investments, relocation and partnering with new-home builders and developers. The firm, established in 2004, is led by Joe Newby. Newby started his…
Cynthia Keskinkaya, one of New York City’s top agents, has joined Berkshire Hathaway HomeServices New York Properties (BHHSNYP), the company has announced. According to a release from the company, Keskinkaya was most recently a top producer at Douglas Elliman where, in the last 12 months, she totaled over $50 million in sales. She has brokered…
Amidst the real estate market’s roller coaster ride of the past two-plus years, one of the pillars of a successful real estate transaction—the home inspection—fell by the wayside as buyers maneuvered around stiff competition to secure a home. In this conversation with one of the home inspection industry’s leading authorities—Dan Steward, president & CEO of…
Though U.S. home price growth relaxed slightly in May from April, it remained in double digits year over year for the 16th consecutive month, according to the latest CoreLogic Home Price Index (HPI™) and HPI Forecast™ for May 2022, released last week. As in past months, all states and Washington, D.C. posted annual appreciation, with…
Rents in most American cities continue to rise slightly each month, but are not duplicating the rapid escalation rates exhibited in 2021, according to a new report from Yardi® Matrix. But given ongoing gains, Yardi® has revised its end-of-year projections upwards for most markets, the company said. Here are the findings: Average month-over-month asking rents…
Bobby Gellert, broker/owner of Shares of New York (Marketing LLC), has announced his brokerage’s affiliation with CENTURY 21®. The brokerage will now do business as CENTURY 21 Shared Purpose. The New York City-based brokerage is a market leader in the acquisition, management, renovation and sale of co-ops and condos, a release stated. “Our mission is…
WHAT: In today’s fierce real estate market, marketing can make or break a deal. Having an effective and creative marketing strategy is an absolute must for agents. At the end of the day, no matter how many leads you have, converting those homebuyers into homeowners is the ultimate goal. In this webinar, panelists will discuss…
RISMedia’s July issue of Real Estate magazine is now available, and not to be missed are some in-depth exclusives, including an inside look at the Anywhere Real Estate rebrand, and a deep dive on the inventory crisis. Check out this month’s features below. On the Cover The Changing Face of Homeownership How Anywhere Is Reimagining…
Housing inventory recovery made major strides in June, with the number of homes available to buyers climbing at its fastest yearly pace of all time (+18.7%), according to the latest realtor.com® Monthly Housing Trends Report released this past week. Among key factors driving June’s jump in active listings were new sellers, who entered the market…
The Federal Reserve Board found that the average net worth of households with a head of household aged 55-69 rose... Read more.
