While mortgage rates dropped to their lowest level since September, applications for home purchases were down nearly 10% from two weeks prior. Despite the mixed trends, mortgage watchers expect rates to remain at current levels with periods of increased refinances. According to the latest Mortgage Bankers Association (MBA) report, the Market Composite Index—the measure of…
Editor’s note: In this two-part series, we take a look at how the buyer experience differs today from past years. Part 1 was a look back at how the process evolved to where it is now. Here, we review how tech has impacted everything, and the skills required to serve luxury-market clients. Information overload. The…
The post The Buyer Experience: Looking Back and Looking Forward, Part 2 appeared first on RISMedia.
Above, Justin Bette Century 21 Real Estate LLC has announced the affiliation of Joseph Bette Realtors, Inc., a third-generation brokerage based in Southbury, Connecticut, further expanding the brand’s presence in western part of the Nutmeg State. The firm will now operate as CENTURY 21 Bette Real Estate. Founded more than 53 years ago, the brokerage…
Accompanying buyer clients to tour houses for sale is an upbeat experience…mostly for them. For unless they’ve purchased homes before, they likely won’t be inspecting every little thing all that closely. It’s for you to find issues, some of which may be obvious and some lurking quietly. Here are several you must tell buyers about…
Donna Kreps, president of residential real estate services for F.C. Tucker Company, a member of Leading Real Estate Companies of the World, has been appointed to serve on the Indiana Real Estate Commission by Indiana Governor Mike Braun. Kreps will serve a four-year term beginning Jan. 1, 2026, through Dec. 31, 2029. As a member…
HomeSmart has announced that Arizona real estate leader Phil Sexton has joined the brokerage and launched a new real estate team, NEXT. The team is structured around an agent-centric model that emphasizes individual branding and long-term business development. A second-generation real estate professional, Section brings more than a decade of experience working with high-performing agents…
Above: Morgan Hoffman. Morgan Hoffman Designated Broker/Co-Owner JPAR® – Live Local Boise, Idaho https://morganhoffman.jpar.com Region served: Treasure Valley Years in real estate: 23 Number of offices: 1 Number of agents: 61 Most effective recruiting pitch: Spending time with agents and showing them we “walk the walk.” Can’t live without tech-tool: BombBomb. Lately, I’ve been providing…
Better Homes and Gardens® Real Estate has announced that Refined Real Estate LLC, a five-year-old brokerage serving Hawaii’s island of O’ahu, is the latest firm to affiliate with the brand. The firm, now doing business as Better Homes and Gardens Real Estate Refined, is led by O’ahu broker/owners Eric Yamamoto and Dennis Noah-Casison, a duo…
Households headed by immigrants have accounted for roughly three-quarters of housing demand growth since 2010, but a new Harvard analysis suggests that trend may be ending—with significant implications for housing markets across the country. The Joint Center for Housing Studies at Harvard University (JCHS) released revised projections forecasting 1.7 million fewer households in the U.S.…
Homeowners who locked into near-3% interest rates during 2020–2021 are now hesitant to sell, because it means buying another property that could require a 6% rate or higher. This “mortgage lock-in effect” is causing many would-be sellers to stay put, which means a smaller housing supply in St. Louis — and fewer options for eager buyers.
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