RIS Media Real Estate News

Brokerage software firm zavvie has announced a new solution, “zavvie Power Buyer,” a white-labeled solution exclusively for leading brokerage clients. The solution began a soft launch in 2022 and is currently available to 14 zavvie partner brokerages in 11 states and the District of Columbia. “zavvie Power Buyer” provides both “Cash Offer” and “Buy Before…

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Housing starts continued their decrease for the fifth straight month in January, while building permits and completed construction saw slight increases, according to the latest new residential construction data from the U.S. Census Bureau. Housing starts in January were at a seasonally adjusted annual rate of 1,309,000, 4.5% below the December rate of 1,371,000 and…

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Despite the difficulties and volatility of the 2022 market, and only a little over a year since the company’s huge investment in iBuying fizzled out, Zillow is projecting optimism, claiming that it is well positioned to grow in 2023 after beating revenue estimates for Q4 2022. “I love the pace and the quality of the…

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The 30-year fixed-rate mortgage (FRM) averaged 6.32% this week, an increase from last week’s 6.12%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. Experts say we can expect rates to move in the 6% – 7% range over the next few weeks. This week’s numbers: 30-year fixed-rate mortgage averaged 6.32% as…

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Lendesk Technologies, a Canadian Rocket affiliate specializing in mortgage fintech, has announced a partnership that will streamline the lending experience for Canadian brokers and lenders. Lendesk’s new partners in this effort are Intellifi, a provider of end-to-end digital lending solutions, and Strive, a Canada Mortgage and Housing Corporation (CMHC) approved residential mortgage lender.  With new…

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Setting a resolution to make 2023 your year for breaking into luxury real estate? As a real estate professional, the luxury market offers greater opportunities for earning higher commissions. Plus, it’s rewarding to work with affluent clientele and help them find their dream properties. If you follow these tips, you’ll see how it’s possible to…

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Emmett Laffey President and CEO Berkshire Hathaway HomeServices Laffey  International Realty Greenvale, New York https://www.bhhslaffey.com Region served: Metropolitan New York area of Brooklyn, Queens and Long Island Years in real estate: 35 Number of offices: 14 Number of agents: 450 Tell us how you got into real estate and how you transitioned to becoming an…

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Median single-family home and condo prices decreased from the Q3 to Q4 2022 in 56% of Opportunity Zones around the country, and went down at least 5% in almost half, according to a new report from ATTOM. ATTOM’s latest report analyzed qualified low-income Opportunity Zones for Q4 2022, targeted by Congress for economic redevelopment in…

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The National Association of REALTORS® is now accepting applications for its Volunteering Works grant and mentoring program. The program matches mentors with REALTORS® who have demonstrated a commitment to public service and are looking to enhance their charitable efforts. “Mentoring is not just about sharing knowledge, it’s about investing in the future,” said NAR President…

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WAV Group has announced the release of its newest line of research discussing, in detail, the industry’s big new trend, Homeowners Under Management (HUM). The “Client for Life Reimagined” white paper, focuses on revamping the real estate industry’s approach to retaining clients.  “This white paper delves into the crucial steps that can be taken to…

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The National Association of Home Builders (NAHB)/Wells Fargo measure of builder confidence shot up in the biggest single-month increase in almost a decade, with home builders anticipating improving housing market conditions in 2023 driven by moderating mortgage rates and affordability gains. The Housing Market Index, or HMI, rose seven points to 42—still in negative territory,…

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What are the top five business challenges for real estate broker leaders this year? In a recent Delta Real Estate Leadership Survey of more than 100 individual brokers, who are leading firms collectively responsible for more than 60% of all real estate transactions last year, the leaders themselves answered this question. “Recruiting new agents” was…

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In line with ongoing mortgage rate fluctuations, mortgage applications expectedly continued to follow suit this week decreasing 7.7% from one week earlier, when data showed a 7.4% increase after a previous dip before that. This is the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 10,…

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Anywhere Real Estate has announced the release of its 2022 Anywhere Corporate Social Responsibility (CSR) Report, highlighting how the firm’s employees, franchise owners, and affiliated agents came together to meaningfully impact their communities, customers, and the industry at large. The report details a range of initiatives throughout the company’s range of brands and businesses, each…

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Consumers using Zillow in select markets can now add an Opendoor instant offer to their list of home-selling options while using the portal.   Both companies announced Wednesday that they launched their collaborative product allowing homeowners in Atlanta and Raleigh to request a cash offer from Opendoor and a market-price estimate to sell on the open…

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Networking is the cornerstone of pretty much any industry—but especially real estate. Building a community of peers that you can rely on is essential to ensuring your success. They can give you advice, recommendations, tips and tricks, and so much more to help you build and grow your business’ success. While networking is pretty straight-forward…

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NAR PULSE—At NAR Academy you’ll be at the forefront of new ideas and technology, emerging issues, and key advancements. NAR members receive a $100 scholarship for each eligible course. Share with your agents!   Join Riding with the Brand and Power Up the R!  Encourage your agents to join Riding with the Brand to get…

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Curbio, Inc. has announced the addition of its new inspection repair tool to its suite of product offerings. This tool will be available to real estate agents on both the buying and selling sides of a home sale. With this new tool, Curbio streamlines the estimate and repair processes for agents following home inspection reports,…

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Realty ONE Group has announced that it has sold the franchise rights to new owners and strategic partners in the Philippines who will be bringing the real estate brand to Southeast Asia. The company says new owners Mike and Kit Tan will work to greatly expand Realty ONE Group, with its dynamic brand, unique “COOLTURE”…

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The road to reeling in inflation will take a lot of work, and new reports from the U.S. Bureau of Labor Statistics (BLS) offer a glimpse as to why. While the consumer price index (CPI) shows a persisting downward trend in inflation, it also indicates that the pace of easing is cooling.  The latest CPI…

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