Mortgage rates remain mostly better historically as this week and last observed some slight decreases, according to the latest data from Freddie Mac. However, the persistence of economic and market headwinds put this silver lining at risk. The latest Freddie Mac Primary Mortgage Market Survey® saw the 30-year fixed-rate mortgage (FRM) average 6.65% as of…
As much of the country has been enveloped in scorching heat recently, is it too early to start planning for issues that arise during the cold months? Not in this industry, as deals take months to close and market seasonality can always upend your business. Warm weather is ideal for showing houses, unless there’s a…
The post Cold, Hard Facts: How to Handle Freezing Temps and Clients appeared first on RISMedia.
Christie’s International Real Estate is launching in Abu Dhabi, bringing its global luxury real estate network to the growing market. The new agency, Christie’s International Real Estate Abu Dhabi, is owned by Jackie Johns and Dinesh Chhatwani, the team behind Christie’s International Real Estate Dubai, the brand’s 2025 Affiliate of the Year. Christie’s noted that…
Every October, I look around the room at Zillow Unlock and think: These are the agents who aren’t going to spend Q4 hoping things turn around. They came to Las Vegas with questions—about where buyers and sellers are headed, how to use AI to level up their business, what the data actually says about this…
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REMAX Fine Properties has announced that Don Matheson, founder of The Matheson Team, has been awarded the REMAX Paramount of Excellence Award. According to a release, the Paramount of Excellence Award recognizes REMAX Realtors® who have devoted 30 years to the REMAX network while achieving the milestone of $30 million in career commissions. Matheson is…
When many economic indicators pointed to issues with inflation, the governors of the Federal Reserve’s Open Market Committee (FOMC) instead voted once again to maintain their “wait and see” approach in their most recent meeting. Newly released minutes from the meeting, however, reveal that three members of the committee did in fact advocate for a…
MoxiWorks has announced that Shaun Harkley has been named the new senior vice president of Sales, effective Sept. 14. According to a release, Harkley will lead MoxiWorks’ sales teams across North America, Australia, New Zealand and the United Kingdom, reporting directly to CEO Eric Elfman and joining the company’s executive leadership team. He will build…
While mortgage rates and applications changed little last week, home-purchase applications retreated and were lower than last year’s pace, signaling to economists that continuing affordability challenges and economic uncertainty remain in place for price-sensitive buyers. The latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage loan activity volume and includes purchases…
Above: Keller Williams’ Mega Camp (photo courtesy of Keller Williams) Consumers aren’t spending that much. They aren’t confident in their earnings. They aren’t looking for jobs. Yet real estate keeps chugging along, Keller Williams Co-Founder Gary Keller noted in a speech to the company’s agents yesterday, in which he focused on the macro picture, including…
An appellate court today denied multiple appeals that had sought to overturn the National Association of Realtors®’ (NAR) 2024 settlement agreement, putting a legal period on the end of the seven-year long commission lawsuit saga that upended real estate practices and undermined NAR’s standing in the industry. A panel of three judges for the Eighth…
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