The Impact of Liens on Real Estate Sales
A property lien is not just a term but a significant factor that can influence the outcome of home sales. Essentially, a lien is a legal claim or right against a property instituted by a creditor to secure debts or obligations owed by the homeowner. Its presence is a critical aspect that both buyers and…
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Pending Home Sales Jump 3.4% in March, Expected to Continue Upward Trend
Despite rising mortgage rates, pending home sales jumped 3.4% in March, according to the latest housing report from the National Association of REALTORS® (NAR). Transaction volumes in the Northeast, South and West bore witness to monthly increases, as the Midwest was the only region to have recorded a loss. Year-over-year however, only the Midwest and…
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Buyer Agent Playbook: How a Successful Team Leader Is Facing Industry Change
Above, Scott Harris Editor’s Note: The Buyer-Agent Playbook is a new iteration of RISMedia’s biweekly Playbook segment, specifically centering on buyer agency and how agents are navigating the changes and trends in a post-NAR-settlement environment. The series will provide brokers and agents with insights and information to ensure they not only survive but thrive in…
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Mortgage Rates Still Going Up
After exceeding 7% last week, the 30-year fixed-rate mortgage (FRM) continued to rise, this week averaging 7.17%, up from last week’s average of 7.10%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. This week’s numbers: The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week…
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Anywhere Q1 Results: Slide Continues With Net Loss of $101 Million
In a Q1 2024 earnings call Apr. 25, Anywhere Real Estate reported a $101 million loss for the quarter, continuing a downward, though not as deep, trend for the last few quarters. Generated revenue was $1.1 billion, which follows revenue of $1.250 billion in Q4 2023, down 6% from Q4 2022, when it was $1.323…
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4 Money-Saving Non-Essentials for Buyer Clients Unnerved by Rising Mortgage Rates
The last thing you want as a buyer agent after signing a client who is excited to purchase a home is for them to get depressed by elevated mortgage rates and decide to put their search on hold. While nothing changes the numbers, what you can (and should) do is have ideas and recommendations for…
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Thoughts on Leadership: Practical Tools for Transformational Leadership
In today’s rapidly changing business landscape, I feel compelled to share my insights on transformational leadership because, now more than ever, effective leadership is critical for inspiring teams and driving sustainable success. As leaders, we are continuously navigating through the ups and downs of organizational life, tackling challenges like unmet goals, legal issues and low…
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Anywhere Celebrates Ninth Graduating Class of ASCEND Program for Future Leaders
Anywhere Real Estate Inc. has announced it has celebrated the ninth graduating class of ASCEND: The Executive Leadership Experience. The graduates included 37 real estate leaders, including broker/owners from across the company’s brands. Anywhere offers the ASCEND program to its brand-affiliated broker/owners and rising senior-level leaders of large, multi-office franchisees and distinguished individuals from its…
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Texas @properties Christie’s International Real Estate Affiliate Expands
Above, Mike Hoover. Texas real estate brokerage @properties Lone Star Christie’s International Real Estate has announced it is expanding into Fort Worth, bringing on former Monument and Sotheby’s office leader Michael Hoover as regional vice president to run brokerage operations for the new office. This will mark the third office in the Metroplex for the…
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Mortgage Applications Down in High-Rate Environment
After a couple of weeks of increases, mortgage applications fell 2.7% from last week’s increase of 3.3%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending April 19, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7% on…
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