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 take its time before cutting […]
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 promotions of Amy Lessinger, who […]
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 struggling to perform at the […]
Homebuilder confidence shot up for the third straight month in February as builders await future rate cuts by the Federal Reserve. The National Association of
Better.com announced Thursday that it’s launching fully digital U.S. Department of Veteran Affairs (VA) loans through its Tinman platform. The product, which has no minimum down payment requirement,
Are you interested in pursuing or advancing a real estate career? If you’re new to real estate, you must complete a state-approved course and pass
Currently listed by Kayla Lee for $5.95 million, this 3,400-square-foot property on Riverside Boulevard is a true gem on New York City’s Upper West Side.
Real estate investors purchased 26.1% of the lowest-priced homes for sale in the U.S. in the fourth quarter of last year, according to a report
Government-sponsored enterprise (GSE) Freddie Mac reported a 65% annualized increase in income stemming from its single-family mortgage programs in fourth-quarter 2023, along with a 13%
Nearly a dozen real estate industry firms have been named as defendants in the 118 data privacy lawsuits filed in the Superior Court of New Jersey over the past 10 days by Atlas Data Privacy Corp. The lawsuits allege that the defendants, which are referred to as “data brokers,” have
Homebuilder confidence shot up for the third straight month in February as builders await future rate cuts by the Federal Reserve. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) climbed four points to 48 in February, its highest level since August 2023. The HMI is a
Better.com announced Thursday that it’s launching fully digital U.S. Department of Veteran Affairs (VA) loans through its Tinman platform. The product, which has no minimum down payment requirement, is expected to reach about 10% of the lender’s portfolio in 2024. “We’ve been working toward launching a VA product for the past two years,”
Are you interested in pursuing or advancing a real estate career? If you’re new to real estate, you must complete a state-approved course and pass your state’s licensing exam. The number of required class hours varies according to state law. Aceable Agent is an online real estate school that offers
Currently listed by Kayla Lee for $5.95 million, this 3,400-square-foot property on Riverside Boulevard is a true gem on New York City’s Upper West Side. 1. Niche specialization To succeed in luxury real estate, it’s best to define your expertise by specializing in a niche. Identify a specific property type
Real estate investors purchased 26.1% of the lowest-priced homes for sale in the U.S. in the fourth quarter of last year, according to a report by Redfin. It was the highest share ever recorded and was up from 24% in Q4 2022. By comparison, investors purchased 13.6% of the mid-priced