RIS Media Real Estate News

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. The decline in mortgage rates continued this week, according to the latest Primary Mortgage Market Survey® from Freddie Mac. The 30-year fixed-rate averaged 6.67%, falling from 6.69% the week prior. “Potential homebuyers have been watching…

The post Mortgage Mix: Continued Rate Declines Fuel Further Mortgage Activity appeared first on RISMedia.

MoveEasy has announced a rebrand. The company has rolled out its new Rental Dashboard and fully launched its Homeownership Dashboard, first announced and beta-tested in October 2022, to replace the previous Moving Dashboard. To reflect its new offerings, the company has rebranded as LiveEasy. “Today, the world of buyers, sellers, renters and homeowners are increasingly…

The post MoveEasy Rebrands as LiveEasy appeared first on RISMedia.

Forbes Global Properties announced it has welcomed luxury specialist RI Properties to its prestigious ranks. The firm will exclusively represent the brand in Monaco, the opulent principality on the famed French Riviera. RI Properties was founded by Johanna Rit and Managing Partner Giacomo Bozano and its offerings are further bolstered by Giovanni Paolo Risso. Specializing…

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As a real estate agent, one of the most important tasks you have is determining the right listing price for a property. Getting this right the first time is crucial, as an inaccurate price can lead to a longer time on the market, lost opportunities and, ultimately, a lower selling price. So how can you…

The post The Right Number: A REALTOR®’s Guide to Accurately Pricing Listings appeared first on RISMedia.

If you are about to buy a home, you might hear about liens. A lien can be placed on the title of a property, giving the holder rights over the home. Before you buy property, you’ll want to understand how liens could affect your home ownership. We will examine what you need to know about…

The post Everything to Know About Liens on a Home appeared first on RISMedia.

McEnearney Associates led by President Maureen McEnearney Dunn and Principals Dave Hawkins and David Howell, has announced a merger with Virginia firm Atoka Properties/Middleburg Real Estate directed by Principals Peter Pejacsevich and Scott Buzzelli.  McEnearney Associates has been in business for more than 40 years and has built a footprint in the Washington D.C. metro…

The post Two Washington D.C. Brokerages Merge appeared first on RISMedia.

Anywhere Real Estate Inc. has announced the company’s mortgage joint venture with Guaranteed Rate, Inc., Guaranteed Rate Affinity (GRA), has been named the 16th largest retail mortgage lender in the United States by mortgage data market publication Scotsman Guide. Since its inception in 2017, GRA has funded more than $53.2B in loans and is home…

The post Guaranteed Rate Affinity Named #16 U.S. Retail Mortgage Lender appeared first on RISMedia.

After turbulence in the banking sector and an overall shaky first half of 2023 characterized by high mortgage rates and low inventory, realtor.com® is significantly downgrading its forecasts for the housing market in 2023, predicting that sales will fall to the lowest level in over a decade. “High inflation and the Fed’s actions to curb…

The post New Report Predicts Lower Than Expected Home Sales appeared first on RISMedia.

The ebb and flow of the real estate market offers many truths that seasoned agents and brokers have come to know well. One of those constants is that change is inevitable, especially when market conditions fluctuate as they have the past year. As such, the players that have thrived are the ones meeting challenges with…

The post CEO & Leadership Exchange Preview—‘Power Pivots: Lessons in Change Management’ appeared first on RISMedia.

The National Association of REALTORS®’ (NAR) most recent existing-home sales report shows that existing-home sales rose 0.2% in April, reaching a seasonally adjusted rate of 4.3 million.  Tracking national sales for the month of May 2023, the data shows a slight bump month-over-month, but an overall decline year-over-year. Key data points: In May 2023, completed…

The post Existing-Home Sales Barely Spike in May appeared first on RISMedia.

The 30-year fixed-rate mortgage (FRM) averaged 6.67% this week, another decline from last week’s dip to 6.69%. This is the third consecutive week of rates declining, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 6.67% as of June 22, 2023, down from…

The post Mortgage Rates Continue to Slide Down appeared first on RISMedia.

The Leading Economic Index (LEI) fell by 0.7% in May to 106.7, continuing the recent trend of decline from April (-0.6%), according to the latest release from The Conference Board. This reading marks 15 months of consecutives declines. February’s LEI was down 4.3% over the six-month period between November 2022 and May 2023—a steeper rate…

The post Leading Economic Indicators Continue to Point to Recession appeared first on RISMedia.

If you were one of many real estate professionals who enjoyed the industry “boom” of the last couple of years, then you’ve probably noticed that the market has gone somewhat stagnant as of late. Unfortunately, media outlets love to focus on the doom and gloom of real estate—which can exacerbate the problem and cause sellers…

The post How to Sell Luxury Real Estate in a Slow Market appeared first on RISMedia.

RE/MAX’s latest National Housing Report, tracking data for the month of May 2023 shows a market uptick compared to April. These results set June and July up to be “peak months” as usual. Key details: Home sales increased 20% from April to May, but declined 18.7% year over year. New listings increased by 8.7% but…

The post Home Sales Up 20% in May appeared first on RISMedia.

Real estate is about more than simply helping someone buy or sell a property. It’s about creating a base from which a family can build a legacy. As their chosen agents, we must help them buy that first home and push them toward sustainable investments and success. By providing them with the tools necessary to…

The post How Real Estate Builds a Wealth Legacy for American Families appeared first on RISMedia.

Mortgage applications continued their second straight week of increases, rising slightly at 0.5% from the previous week’s 7.2% increase, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending June 16, 2023. This week’s numbers:  The Market Composite Index, a measure of mortgage loan application volume, increased…

The post Mortgage Applications Continue Second Week of Increases appeared first on RISMedia.

Bill Scavone, president of Weichert, Realtors and Weichert Real Estate Affiliates, has announced that Joe McDonald has been promoted to president of Residential Sales and Real Estate Services. In this position, McDonald will oversee the company’s residential real estate agents and support operations, including Weichert’s national network of referral agents. He will work directly with…

The post Weichert Names New President of Residential Sales and Real Estate Services appeared first on RISMedia.

The Hudson Gateway Association of REALTORS® (HGAR) has announced that Lynda Fernandez, CAE, RCE, CIPS, has been named HGAR’s new chief executive officer. Fernandez is currently the CEO of the Greater Louisville Association of REALTORS® (GLAR); she will assume her position with HGAR on September 1, 2023. This selection is the culmination of a nine-month…

The post HGAR Names New CEO appeared first on RISMedia.

National Association of REALTORS® Chief Executive Officer Bob Goldberg will retire when his current contract expires, effective December 31, 2024. Goldberg will close his career after serving 30 years at NAR and more than four decades in U.S. real estate. “My time at NAR has been extremely gratifying and, I hope, extremely successful, too,” Goldberg…

The post NAR CEO Bob Goldberg to Retire at the End of 2024 appeared first on RISMedia.

Door knocking has long been a go-to method for real estate agents to connect with potential clients and generate new leads for their business. Though door knocking should still remain in your bag of tricks, it is crucial for agents to adapt and embrace today’s fast-paced and technology-driven world.  The digital age has opened up…

The post SOCIAL SKILLS: Modern Door-Knocking Methods for Generating Leads and Building Relationships appeared first on RISMedia.