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Integrity in Real Estate
Updated: 14 min 6 sec ago

Deadline Extended for RISMedia’s 2024 Real Estate Newsmakers Nominations

Fri, 09/01/2023 - 10:09

RISMedia has extended the deadline to nominate a 2024 Real Estate Newsmaker to September 15, 2023 at 11:59 p.m. EST. This means that you still have two weeks left to spotlight and celebrate real estate professionals from across the U.S. who are making headlines for their commitment and contributions to the residential and/or commercial real…

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Getting a Jumpstart on Your 2024 Real Estate Business Plan

Fri, 09/01/2023 - 10:02

The start of a new year gives us an opportunity to establish new goals and get a jumpstart on our plans. With some careful consideration and planning, we can easily set our sights toward success in the upcoming year. How to update your real estate business plan for 2024 We know it’s sometimes difficult to…

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Mortgage Delinquencies See No Change in June

Fri, 09/01/2023 - 09:47

For the month of June, 2.6% of all mortgages in the U.S. were in some stage of delinquency, unchanged from last month and a 0.3 percentage point decrease from the 2.9% rate last year. This is the same reading as the historic low of 2.6% in March. According to CoreLogic’s monthly Loan Performance Insights Report,…

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Unemployment Jumps to 3.8%

Fri, 09/01/2023 - 09:40

The U.S. added 187,000 jobs in August, and the unemployment rate took a leap to 3.8%, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics. With the unemployment rate jumping from 0.3% to 3.8%, the number of unemployed persons also grew from 514,000 to 6.4 million. August’s data is also…

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Meet the Rookie of the Year Finalists: Southeast Region

Fri, 09/01/2023 - 08:08

Following RISMedia’s recent unveiling of the Top 25 regional Rookie of the Year finalists for 2023, this series will spotlight the five finalists from each region, continuing this week with the Southeast finalists.  The Rookie of the Year program, sponsored by Colibri Real Estate and now in its second year, is designed to honor real…

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Mortgage Mix: Black Knight Bought Out; China Chops Rates

Fri, 09/01/2023 - 08:00

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. –Rates remain stuck above 7% this week, despite a small decrease, with the 30-year fixed averaging 7.18%, according to Freddie Mac. -As China’s closely watched real estate crisis unfolds, banks are lowering existing mortgage rates…

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Meet the Rookie of the Year Finalists: Western Region

Thu, 08/31/2023 - 13:59

Following RISMedia’s recent unveiling of the Top 25 regional Rookie of the Year finalists for 2023, this series will spotlight the five finalists from each region, continuing this week with the Western regional finalists.  The Rookie of the Year program, sponsored by Colibri Real Estate and now in its second year, is designed to honor…

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The September Issue of Real Estate Magazine Is Now Live

Thu, 08/31/2023 - 13:04

The September issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at the current mortgage industry challenges and what experts feel are solutions, and not, for agents and clients to use. In addition, we look at ChatGPT and what opportunities it presents…

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2023’s Top 10 Best Markets

Thu, 08/31/2023 - 12:11

With home prices and mortgage rates posing a hurdle to many homebuyers, not to mention other economic headwinds like inflation, there are a lot of markets left in the dust lately with very little activity. So where can homebuyers look for booming markets that have affordable prices and a good economic area? WalletHub’s new study…

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CEO Preview—A Strategic Approach: Targeting Key Communities

Thu, 08/31/2023 - 12:03

Gone are the days when a one-size-fits-all approach to real estate marketing was an effective strategy. Brokerage success in today’s market means crafting specific messaging for important segments of the home-buying market.  Taking a deep dive on today’s best targeted messaging and education of homebuyers and sellers are five dynamic and influential real estate leaders…

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Century 21 Expands in South Carolina

Thu, 08/31/2023 - 11:38

EquitySafe Realty, LLC, based in Beaufort, South Carolina, has affiliated with the Century 21 brand. The firm is now doing business as CENTURY 21 Coastal Town Realty. The firm was founded in 2015 by US Marine veteran Will McCullough; his wife Deena is also his business partner, according to a release. The firm will take…

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NAR Names Winner of 2023 iOi Pitch Battle Summit

Thu, 08/31/2023 - 11:36

The National Association of REALTORS® has announced Productive.ai as the winner of the fifth annual “Pitch Battle” competition at the 2023 Innovation, Opportunity & Investment (iOi) Summit. The competition, hosted in Miami this year by NAR’s strategic investment arm, Second Century Ventures, provides an opportunity for companies to showcase innovative new tools and resources for…

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Mortgage Rates Take a Breather This Week

Thu, 08/31/2023 - 09:54

While still lingering around the 20-year-high level, the 30-year fixed-rate mortgage (FRM) averaged 7.18%, down just a bit from last week’s 7.23%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. This week’s numbers:  30-year fixed-rate mortgage averaged 7.18% as of August 31, 2023, down from last week when it…

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What to Do For Septic System Maintenance

Thu, 08/31/2023 - 09:44

Septic systems are essential for homes not connected to municipal sewage systems. Potential home buyers from properties with public sewers need to know there is a difference. Properly maintaining these systems is crucial to ensure their longevity and prevent costly repairs. Regular septic system maintenance, inspection, and tank pumping can help prevent backups, leaks, and…

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Inflation Nudges Up, Adding to Rate Worries

Thu, 08/31/2023 - 09:33

The latest report on Personal Consumption Expenditures (PCE) showed prices climbing by 0.3% from last month, an expected but still potentially concerning increase in inflation as the Federal Reserve mulls its next move on interest rates.  The PCE index, which is the Fed’s preferred measure of inflation, came in at 3.3% year-over-year, with core inflation…

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Championing High-Performing Homes and Sustainability

Thu, 08/31/2023 - 08:30

Raised in a household with an eye on minimizing waste and maximizing sustainability, Nova Tower’s upbringing and lifelong commitment to environmental responsibility is what ultimately set her on the path to help lead Portland, Maine-based Waypoint Brokers Collective—the first and only agency in Maine to earn the National Association of REALTORS®’ (NAR) Green Designation.    “It’s…

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NAR Releases Top 10 Good Neighbor Finalists

Thu, 08/31/2023 - 07:27

The National Association of Realtors® today announced the 10 finalists for its 2023 Good Neighbor Awards, which for 24 years has honored NAR members who make a difference in their communities through volunteer work.  “Each year, the Good Neighbor Awards serve as a poignant reminder of the heart and soul of our real estate community,”…

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The United Real Estate M&A Strategies Propelling Its Phenomenal Growth

Wed, 08/30/2023 - 12:00

When you’re one of the chief executives of a real estate company that rockets in size from 139th to 6th in just a few years, you’re clearly doing something right. Or, actually, doing a lot right. Rick Haase, president of United Real Estate, agrees, while also stressing that it is a precise mindset that anchors…

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Mergers and Acquisitions: Opportunities in Today’s Market

Wed, 08/30/2023 - 10:15

The Power Broker Roundtable is brought to you by the National Association of Realtors® (NAR) and Kymber Lovett-Menkiti, NAR’s Broker Relations Liaison. Watch for this column each month, where we address broker issues, concerns and milestones. Kymber Lovett-Menkiti, President/Regional Director, MG Residential, Keller Williams Capital Properties, Keller Williams Realty International, Washington, D.C.; Broker Relations Liaison,…

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Tracy Kasper Steps in as NAR President, Vowing a ‘Safe and Respectful Workplace’

Wed, 08/30/2023 - 10:02

National Association of REALTORS® (NAR) President-Elect Tracy Kasper, who was to take the leading role in November, will begin her term immediately following the resignation of Kenny Parcell, who stepped down on Aug. 28 following a story in the New York Times that detailed accusations of sexual harassment against him by NAR staff and members. …

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