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Integrity in Real Estate
Updated: 1 hour 23 min ago

Global Spotlight: New Developments Present Prime Opportunities for Investors

Fri, 10/18/2024 - 11:03

Above: Experience the finest contemporary Mediterranean island living of Elounda Hills in Crete. When it comes to purchasing properties abroad, new developments can present desirable opportunities that balance investment potential with alluring lifestyles. Whether searching for a vacation home, a golden visa opportunity, a full-time residence or an investment property, broadening a home search globally…

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Positive Signs: Single-Family New Construction, Permits Rise in September

Fri, 10/18/2024 - 10:35

On the heels of two consecutive months of homebuilder confidence increases that broke a four-month streak of drops, the latest data on single-family housing starts and permits from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development bears that sentiment out. According to the bureau’s September Monthly New Residential Construction report,…

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Fannie Mae: Current Economic Footing is Better Than Predicted

Fri, 10/18/2024 - 10:30

The economy is looking stronger than what was previously predicted, due to signs like stronger payroll growth and revisions in national accounts, according to the October 2024 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.  While the ESR Group stated it still expects economic growth to slow from the robust 3.2% pace…

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Mortgage Mix: Fairway Hit With $10M Redlining Fine; Industry Lobbyists Pull Back

Fri, 10/18/2024 - 08:13

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -One of the largest lenders in the country, Wisconsin-based Fairway Independent Mortgage, is the latest company found to be engaging in racial discrimination as part of a long-running federal anti-redlining initiative. According to the Department…

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Webinar Recap: Getting Ready for the Rebound—How to Seize the Opportunity as the Market Improves

Thu, 10/17/2024 - 13:29

In the latest RISMedia webinar—“Getting Ready for the Rebound: How to Seize the Opportunity as the Market Improves”—panelists Jake Hamilton, senior vice president of Strategy at Lone Wolf Technologies; Shawna Alt, CEO of First Weber, Inc; and Scott MacDonald, broker/owner and president of RE/MAX Gateway, discuss key strategies for navigating a changing real estate market,…

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Mortgage Rates Increase for Third Consecutive Week

Thu, 10/17/2024 - 09:55

Economists may see the ongoing steady job growth and strength of the economy as the backdrop for the recent, sharp reversal in mortgage rate decreases, but data shows homebuyers are holding out for lower rates just the same. The 30-year-fixed-rate mortgage averaged 6.44% this week, up from last week’s average of 6.32% and marked the…

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Century 21 Expands in Las Vegas Affiliation of 1st Priority Realty

Thu, 10/17/2024 - 09:52

The CENTURY 21® Brand has announced it is expanding its presence in the Las Vegas metro area with the affiliation of 1st Priority Realty. The firm was originally established in 2004 and is now led by current broker Duc Lu, Century 21 stated. Lu’s ties to Asian Real Estate Association of America (AREAA) along with…

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Growing Through the Times: Tried-and-True Strategies to Expand Your Footprint

Thu, 10/17/2024 - 09:12

Above, from left: Victor Lund, Debra Beagle, Chris Raveis, Rick Haase, Amy Lessinger, Jason Waugh, Mark McLaughlin. Photo by AJ Canaria.  As the market rebounds, new opportunities for growth are emerging—and savvy brokers are doubling down to lead the charge when it comes to shifting their strategies toward company expansion in order to grow their…

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Homebuilder Confidence Continues to Rise as Inflation Eases

Thu, 10/17/2024 - 08:00

As inflation eases—with the latest Consumer Price Index reporting the smallest annual increase since February 2021—builder confidence continues to steadily rise, according to the latest National Association of Home Builders (NAHB) data. The NAHB/Wells Fargo Housing Market Index (HMI) registered at 43 in October, up two points from September’s reading and now four points above…

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Best Days (and Hours) for Cold Calling, Door Knocking and Everything Else

Thu, 10/17/2024 - 07:41

Everyone—especially agents—knows the feeling of having two seemingly identical sessions of business-building create vastly different results. Two hours of door-knocking one week might land you half a dozen hot leads, while a similar session the next week leaves you empty handed with ears ringing from all the door slammed in your face. Many agents are…

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Pushing to the Finish Line: Strategies for a Productive Fourth Quarter

Thu, 10/17/2024 - 07:33

As we kick off the fourth quarter of 2024, it’s more critical than ever for real estate professionals not to take their foot off the gas and coast through the remaining weeks of the year. With so much noise in today’s post-settlement world, those prepared and running alongside the change will be the ones ahead…

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Women in Real Estate: Unlocking Value With Niche Strategies

Wed, 10/16/2024 - 12:19

Above, Sarah Galperin In the luxury real estate arena, where trust and exclusivity are paramount, Sarah Galperin of Compass Florida is reshaping the standards of success. With a background in fashion and photography, Galperin brings a creative edge to marketing properties, turning each listing into a sought-after masterpiece. Her secret? Building deep connections and offering…

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Future of GSEs: How Fannie, Freddie Privatization Might Shake Out Under a Second Trump Term

Wed, 10/16/2024 - 12:05

With the U.S. presidential election just weeks away, broader discussions about solving the nation’s housing affordability woes are taking center stage, much to the relief of many in the housing industry. If former president Donald Trump were to win a second term, privatizing Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSEs) that have been…

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Mortgage Applications Continue Decline

Wed, 10/16/2024 - 10:23

With mortgage rates rising for the last three weeks, the Mortgage Bankers Association (MBA) is reporting another week of declining home purchase applications. According to the latest Weekly Applications Survey, mortgage applications decreased 17.0% from one week earlier for the week ending October 11, 2024.  “Mortgage rates moved higher for the third consecutive week, with…

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Startup Palazzo Seeing Success Expanding Its Virtual Staging Offering to Brokers

Wed, 10/16/2024 - 10:21

Staged listing photos have been an effective—and expensive—tool meant to pique the interest of inquiring home seekers. But given the ever-growing landscape of artificial intelligence (AI) in real estate, that hurdle could soon be a thing of the past.  At least, that is where things are headed for Palazzo, an AI-driven interior design platform that…

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OneKey® MLS Appoints Three Staff Members, Recognizes Achievements of Team Leaders

Wed, 10/16/2024 - 09:55

Pictured above, top row, from left, Gary Connolly and LaVerne Brown and bottom row, from left, Jeff Marzo, Tom Hurdelbrink and Trish Ketelson New York state’s OneKey® MLS has announced several staff appointments and industry achievements. Gary Connolly has been named senior vice president of business development for OneKey MLS. He will be responsible for…

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Growing Through Every Step of Your Real Estate Career

Wed, 10/16/2024 - 08:42

Above, Terri Chapman Making your way in real estate is a journey that’s difficult to navigate alone. From becoming an agent to climbing the ladder into leadership, coaching can help guide real estate professionals through every step of their journey, laying the foundation to earn the trust and confidence they need to successfully navigate the…

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Wildly Creative Themed Open Houses for Agents Draw Raves…and Spur Sales

Wed, 10/16/2024 - 08:10

It’s for sure that no one leaves a Josh Jarboe broker open house feeling disappointed. Even if a particular property was underwhelming, they surely enjoyed sampling and learning about new craft cocktails. Or liked having their car detailed gratis. Or, believe it or not, were happy to be able to purchase a soon-to-be-delivered, perfect-fit new…

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Home Sales Hit With Seasonal Cooldown as Inventory Increases

Tue, 10/15/2024 - 12:30

Fall is the season where green turns to orange—including the number of home sales, with an expected seasonal leveling off that held true once more in 2024.  RE/MAX published its latest monthly housing survey, looking across 52 U.S. metro areas to track fickle market trends such as inventory supply. While the number of homes for…

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Leading Through Change: Upholding Core Values During a Time Brokers and Agents Need It Most

Tue, 10/15/2024 - 11:25

Strong leadership is critical where uncertainty and disruption have become the norm. The recent NAR lawsuit and broader industry challenges have placed new pressures on brokers and agents, making clear direction, transparency and trust the foundations of effective leadership. Leading through change requires a commitment to upholding values and a deep sense of empathy. Real…

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