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Why Is Fannie Mae Optimistic About A Housing Market Recovery?

The year 2024 has started with cautious optimism that mortgage rates will drop, sparking much-needed activity in the sluggish U.S. housing market. Mortgage rates, however, have been on a rising trend of late. Recent data shows that the economy is booming, while the Federal Reserve is signaling that it will

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RE/MAX Looks To Teams To Boost Its U.S. Agent Count

Less than 24 hours after announcing Nick Bailey’s departure from the firm, RE/MAX executives found themselves on a call with investors and analysts to discuss the company’s fourth-quarter and full year 2023 earnings. In his opening remarks, Erik Carlson, who was named CEO of RE/MAX Holdings in November, mentioned the

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7 Ways To Avoid Being A ‘broke’ Real Estate Broker

For many real estate agents, a logical step on their path of professional development is becoming a real estate broker, then working as either a managing broker or a broker-owner. However, unlike other industries where promotion to the management level is generally tied to additional income, some brokers find themselves

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EXp Holdings Reports A Loss In Q4 As Agent Count Slows

Revenue rose at eXp World Holdings during the fourth quarter of 2023, but the firm was unable to overcome a slow housing market, resulting in a $21 million loss and slower agent count growth. Revenue at the parent company of eXp Realty was up 5% year-over-year to $983 million during

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Don’t Get Too Excited About The Jump In Existing Home Sales

We got a great existing home sales report on Thursday, but is this data already too old? Existing home sales showed a jump in sales, which was anticipated by most as we had positive, forward-looking housing data due to mortgage rates falling from 8.03% to 6.63%. However, the last four

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Opinion: There Is A Crucial Need For Real Estate Cybersecurity

Technology is at the core of everyday real estate operations. However, recent data breaches involving major players like loanDepot, First American Financial, and others have shed light on the vulnerability of sensitive information within the industry. Many personal dreams and aspirations take shape in our industry, so safeguarding information is essential. Real

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