How a Real Estate Boom Drove Political Corruption in Los Angeles  The New York Times

According to a filing in federal court today, the National Association of REALTORS® (NAR) is planning to appeal to the Supreme Court after a panel of judges allowed the Department of Justice (DOJ) to reopen its inquiry into several NAR policies. NAR will file its appeal to the nation’s highest court by Oct. 10, the…

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According to a filing in federal court today, the National Association of REALTORS® (NAR) is planning to appeal to the Supreme Court after a panel of judges allowed the Department of Justice (DOJ) to reopen its inquiry into several NAR policies. NAR will file its appeal to the nation’s highest court by Oct. 10, the…

The post BREAKING: NAR Will Appeal DOJ Investigation to Supreme Court appeared first on RISMedia.

The one topic currently being discussed across all platforms is the longevity of the real estate professional in today’s evolving industry. The National Association of REALTORS® (NAR) reports that only 11.4% of agents survive their first year. For a real estate agent or team to not just sustain their business but thrive, the fundamental key…

The post Building Lasting Relationships in a Changing Real Estate Landscape appeared first on RISMedia.

Century 21 Real Estate LLC has announced a network expansion in Silicon Valley with its latest affiliation of female-led Anew Elite Realty based in San Jose. According to a release, the boutique luxury firm was established in 2022 by current broker/owner Karen Fangfang Xu. Xu is an international globetrotter, who left her home in China…

The post Century 21 Expands in Silicon Valley With Affiliation of Multilingual, Female-Led Brokerage appeared first on RISMedia.

Paying off a mortgage is a momentous financial achievement. It can happen during the process of selling a home or before. During a sale, homeowners often ask me when they should stop paying a mortgage. My guide will walk you through the entire process, from understanding your mortgage terms to updating your records. I will…

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Romania ranks third among Europe's most affordable new housing markets in 2023  Prop News Time

Homebuyer anxiety around prices and the election precipitated the fall as the National Association of Realtors' Pending Home Sales Index declined 5.5 percent, to 70.2, the lowest index reading in 23 years.

Next Tuesday—September 3, 2024—is the final day to nominate a 2025 Real Estate Newsmaker! Don’t miss your chance to acknowledge and applaud your colleagues and peers for their achievements and contributions this year. RISMedia’s 2025 Newsmakers will be spotlighted in Real Estate magazine early next year, and featured in the online Newsmakers directory at rismedia.com.…

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Stellar MLS showcased its innovative solutions and latest tools for the real estate industry at the 2024 Florida REALTORS® Convention & Trade Expo last week at the Rosen Shingle Creek in Orlando. With some 3,000 registrations and 200 industry experts and exhibitors, the annual event offers real estate professionals an opportunity to connect with industry…

The post Stellar MLS Showcases Offerings at Florida REALTORS® Convention & Trade Expo appeared first on RISMedia.

REsides, Inc. announced the appointment of William Long as Vice President of Business Development. In this role, Long will leverage his extensive experience in business development and sales to drive growth, expand market share and strengthen relationships with key real estate industry stakeholders across the US. He will focus on creating impactful client partnerships and…

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Falling to its lowest level since May 2023, the average 30-year-fixed mortgage rate fell again this week to 6.35%, down from last week’s 6.46%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers:  The 30-year FRM averaged 6.35% as of August 29, 2024, down from last week…

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The National Association of REALTORS®’ (NAR) latest report on pending home sales found a 5.5% drop-off in July 2024. Compared to July 2023, the decline is even steeper at 8.5%. In June, pending sales reversed a three-month decline and rose 4.8%. July also saw the first increase in existing-home sales in four months. Those hoping…

The post Pending Home Sales Can’t Sustain Midsummer Momentum appeared first on RISMedia.

CIBC beats profit estimates, puts US real estate woes behind  MSN

Real estate is both a hyperlocal industry and one highly susceptible to both national and macroeconomic trends. Paying attention to the bigger picture might as well be in the job description for any agent or broker. Here are some ongoing real estate trends that agents, brokers and other industry professionals alike should keep in mind…

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CIBC beats profit estimates, puts US real estate woes behind  Yahoo Canada Finance

CIBC beats profit estimates, puts US real estate woes behind  Reuters

DC Attorney General Brian Schwalb found that four title companies gave financial and other perks to real estate agents in return for homebuyer referrals. The companies have agreed to pay $3 million.

Home contract signings hit lowest since 2001 as house hunters losing hope  USA TODAY

The Skyline Robotics robot will be tasked with maintaining the windows of a Durst Organization-owned 45-story Class A office tower on Sixth Avenue in New York City, it was announced this week.