The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for Q3, posting a reading of 63, down two points compared to the previous quarter. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as “good,” “fair” or “poor.” Each question is measured on…
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As real estate professionals, we often get caught up in the rush of transactions, leads and appointments. Yet, to truly grow in 2025, it’s critical to pause, reflect and analyze how our behaviors and strategies from the past year affected our business. Setting aside time for a structured reflection workshop can reveal the best pathways…
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The National Association of REALTORS® (NAR) today filed its petition to the Supreme Court in a long-running, contentious dispute with the Department of Justice (DOJ) over an ostensibly shuttered investigation into various NAR policies, asking the highest court in the land to step in in and block the inquiry, which currently threatens to force even…
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Move Concierge, a service that connects utilities and home services for new homebuyers, has announced a key partnership with Side, a real estate brokerage platform that helps agents create and grow their own boutique companies. Through this partnership, real estate agents who work with Side will have access to Move Concierge services through Side Marketplace,…
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Above, from left, Jillian Young, Donny Samson, Drayton Saunders, Kate Rossi and Cindy Ariosa As the industry reconciles with new realities in the post-National Association of REALTORS® (NAR)-settlement era, agent attrition has been acknowledged as one of the expected consequences. Some top real estate minds recently gathered to discuss solutions—not only for how to prevent…
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What’s the best bet for investors in real estate in 2024? Realtor.com® data suggests that homes in neighborhoods with good affordability and high listing viewership may be a starting point. In fact, the top 10 markets for investing drew nearly twice the viewership on listings than the national average, according to Realtor.com’s data. For investors…
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Mortgage rates reversed course from their consistent decreases as of late, possibly due to a stronger than expected September Jobs report, seeing a surge that hasn’t been seen since this past April. The 30-year fixed-rate mortgage (FRM) grew from last week’s average of 6.12% to a current average of 6.32%, according to the latest Primary…
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Why do so many brokerages pursue a costly and outmoded “best-in-class” tech strategy when it rarely delivers on its promises? Despite good intentions, assembling a patchwork of standalone tech tools creates a fragmented mess that hinders productivity and drives up costs. The allure of having the “best” often blinds broker/owners to the inefficiencies and frustrations…
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Inflation continues to spiral downward toward the Federal Reserve’s goal of 2%, pointing to further interest rate cuts in the coming months and other positive signs for the housing market. The Consumer Price Index (CPI)—one of the main measures for inflation—rose 2.4% year-over-year in September, only 0.1 percentage points down from August’s rise of 2.5%.…
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Dozens of advice listicles focus on the best way to spend your commute to and from the office. REALTORS®, though, have a unique commute; this is a job where you have to be on the go, from open houses to offices and back again, so you may not have a strict commute in the morning,…
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As we embraced the unique start of our Real Estate New Year last week, marking the final 90-day sprint with strategic enthusiasm, we now delve deeper into what truly drives our success during these critical months. It’s not just about meticulous planning and aligning our calendars—it’s about the essence of hard work. This week, as…
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In the wake of ongoing class-action settlements, REALTORS® are assessing the role associations play in the industry. Alabama REALTORS®, for instance, has put forth a proposal to end mandatory membership in the National Association of REALTORS® (NAR). To further assess this trend, the MLS-consulting firm WAV Group conducted a national survey back in August, polling…
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Above, Warren B. Boizot III Today, approximately 76% of all real estate transactions in Colorado are facilitated by REcolorado, according to InfoSparks—as brokers, agents and others in the industry rely on the MLS’s data, technology and intelligence to successfully serve their clients. REcolorado is also a great fit for appraisers, many of whom have experienced…
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Above, Bill Helton Pillar To Post has announced the addition of Bill Helton, CFE, as its new Franchise Recruiting Director. With over 20 years of franchise experience, the home inspection company says Helton’s extensive background will further bolster the brand’s commitment to its unique executive-driven franchise model.. According to the company, Pillar To Post’s Executive…
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With mega-brokerage eXp facing multiple civil lawsuits accusing the company of being complicit in a “scheme” of druggings and sexual assaults by top recruiters, lawyers representing the company butted heads with plaintiffs on multiple issues at a court hearing for two of the cases on Tuesday, Oct. 8. Several women (and most recently, shareholders) have…
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The Mortgage Bankers Association (MBA) and 13 industry stakeholders announced the formation of the CONVERGENCE Collaborative, a coordinated effort to identify and develop solutions to help close the racial homeownership gap. Over the next three years, the CONVERGENCE Collaborative will deploy more than $1 million annually to build on the existing network of location-based CONVERGENCE…
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Applications for home purchases dipped again this week following mortgage rates moving higher, according to the Mortgage Bankers Association’s (MBA) latest Weekly Applications Survey for the week ending October 4, 2024. MBA reported that mortgage applications decreased 5.1% from one week earlier, when they dipped 1.3%. Overall applications are still up over this time last…
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Above, Hurricane Helene cause a tree to crash on the home of Savanna Pope in western North Carolina. Photo by Savannah Pope. Savannah Pope and her family are navigating the unknown after furious winds from Hurricane Helene sent a tree crashing through the second story of the roof of their western North Carolina home. Wind,…
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Above, 851 Wilson Way, Telluride, Colorado listed by Telluride Properties/Forbes Global Properties. Listed as “One of the most stunning residences ever constructed in the Telluride region, including floor-to-ceiling glass, soul stirring views, infinity edge pond and flowing floor plan, creating an immersion in nature like no other home.” Listing price: $22,500,000 and represented by Steve…
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Most everyone likes to talk about what they do professionally. Well, maybe not lawyers worried they’ll be cornered for free legal advice. But inquire of people you meet about how they earn a living, and you’ll usually get a positive response. What about your job as a REALTOR®? You know the deal. Anything to turn…
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