Builder sentiment remains subdued as rising material costs, elevated mortgage rates and ongoing affordability challenges continue to strain the housing market. Builder confidence in the market for newly built single-family homes fell two points to 35 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released June 15.…
With all that’s gone on the past few years within the residential real estate industry, from sluggish sales, tight inventory and yo-yoing mortgage rates, the hope is that this summer will continue the spring’s rebound. Chris Atwell is president of the Orlando Regional Realtor® Association (ORRA), and an agent at Empire Network Realty, a local…
Second Century Ventures (SCV) has announced a strategic partnership with the Confederación Inmobiliaria Latinoamericana (CILA), the leading confederation of real estate associations, chambers and professionals across Latin America. SCV operates REACH, the world’s most active real estate technology accelerator, with programs spanning the United States, Canada and the United Kingdom, Australia and New Zealand, Latin…
Above: Brandon Hornseth. In the world of off-roading, “picking a line” is the art of looking at a chaotic field of boulders and seeing a path through. It requires a deep understanding of the machinery beneath you, a respect for the variables you can’t control and the courage to move forward when the terrain gets…
In real estate, adaptability matters more than ever, but adaptability without stability quickly becomes reactive. Over the past two years, MLS updates have begun to change how transactions unfold from start to finish. Alongside that, there’s been more focus on how listings are shared and how information is presented to consumers. Real estate professionals rely…
A six-year legal battle over a stolen commission in Miami-Dade County concluded last month with a jury awarding a broker $47.8 million in damages, one of the highest wherein a jury authorized and awarded punitive damages in a Florida broker commission dispute, according to the plaintiff’s attorney. The case dates back to 2018, long before…
Above, from left, Ginger Holmes and Tonya Hamilton Ginger Holmes Owner/Managing Broker Tonya Hamilton Vice President, Relocation and Business Development Berkshire Hathaway HomeServices Woodmont Realty Brentwood, Tennessee https://www.bhhs.com/woodmont-realty-tn301 Region served: Middle Tennessee Years in real estate: 35 (36 as a company) Number of offices: 2 Number of agents: Approx. 120 Favorite relationship-building strategy: Stay in…
Google’s effort to embed listings directly into its world-dominant search engine just expanded nationally as the tech mega-company leans into the scramble for listing control and display. Starting this summer—but currently limited only to mobile—consumers across the country will see entire listings with photos, pricing, home characteristics and the identities of listing agent and brokerage…
As the market continues to shift heading into the second half of the year, with rising home prices and growing inventory shaping the landscape amid broader economic uncertainty, real estate leaders are riding the wave of momentum as they plan for the months ahead. To gain insight into how real estate professionals are guiding their…
For Danny Hernandez, real estate has never been only about closing deals—it’s about the families on the other side of them. Over 36 years in the industry, he has helped thousands of them reach the closing table, an experience that now informs how he leads Realty ONE Group’s expansion beyond U.S. borders. As Vice President,…
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