RIS Media Real Estate News

An incredibly high rate of buyers start their search online. So, when it comes to attracting buyers to your listing, there are certain mistakes that you can’t afford to make. Let’s explore four red flags that will send potential buyers running from your listing. 1. There are no interior photos Many agents assume that omitting…

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While mortgage rates moved higher over the last weeks of 2024 and home purchase applications have declined, housing activity through the end of the year over the holidays saw its typical lull in both buying and refinancing activity.  According to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday, mortgage rates hit…

The post Mortgage Rates Reach Highest Point Since July appeared first on RISMedia.

As we bid adieu to the listless 2024 residential real estate market, will business boom for you in 2025? With a new presidential administration and improved economy, homeowners who have made impressive equity gains may finally decide to move for various reasons, easing inventory woes. As such, here are four new homebuyer trends for the…

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As the pace at which technology tools  infiltrate the real estate industry continues to accelerate, agents and teams have struggled to get the most out of their technology investments. Applications are often too cumbersome and rigid for agents and brokers alike, and with too much time required to understand new technology and not enough results,…

The post Are Traditional CRMs on the Brink of Extinction? appeared first on RISMedia.

The January 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 United Real Estate’s thriving brokerage and exponential growth over the past decade. In addition, we introduce Heather Stenson, RISMedia’s 2024 Rookie of the Year winner, Buffini’s 17th annual Bold Predictions:…

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The current state of housing affordability in the U.S. has been described in recent reports as bleak and unbalanced, citing low inventory mixed with high home prices and mortgage rates. The latest S&P CoreLogic Case-Shiller Home Price Index showed prices still increasing, but the rate of that increase has continued to slow down month-over-month.  In…

The post Home-Price Appreciation Continues Slowdown in Latest Case-Shiller Index appeared first on RISMedia.

It’s almost time for President-elect Donald J. Trump to simply become President Trump, and start implementing his agenda. RISMedia recently explored how real estate industry experts see Trump’s return to the White House impacting housing, while Realtor.com® has opined on whether there will be a “Trump bump” for housing in 2025. But what about the…

The post What Agents Are Anticipating for Housing as Trump Is Set to Take Office appeared first on RISMedia.

Sacramento, California-based CENTURY 21 Select Real Estate has announced that Home Value Lock, a market value insurance product for homebuyers, is now available to its clients.  Home Value Lock Insurance, which was launched earlier this year in Northern California, protects the first 10% of the purchase price of a home against a scenario where the…

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Pending home sales rose 2.2% in November, marking the fourth consecutive month of increases and the highest level since February 2023, according to a National Association of REALTORS® (NAR) report released Monday.  The Midwest, South and West experienced month-over-month gains in transactions, while the Northeast decreased. Year-over-year, contract signings increased in all four U.S. regions,…

The post Pending Home Sales Up 2.2% in November as Consumers Adjust Mortgage Rate Expectations appeared first on RISMedia.

2024 will go down in history books as one of the most momentous years in the residential real estate market—with attention-grabbing headlines competing for air time day in and day out as all eyes were on the National Association of REALTORS® (NAR) and the flood of commission lawsuits (and copycat cases) that have roiled the…

The post A Year in Review: RISMedia’s Biggest Headlines of 2024 appeared first on RISMedia.

The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Weichert denied dismissal from Gibson case On Dec. 30, 2024, Weichert was denied a dismissal from the commission lawsuit Gibson v. NAR. A copycat case of Sitzer v. Burnett, Gibson is also filed in the…

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Longtime residential real estate professionals have all been through normal business cycles, with the same ups and downs most other industries experience as well. But with 2025 getting underway, there are no real similarities to the one-two punch of the last few years that greatly impacted sales.  First, in 2020, the Covid-19 pandemic affected practically…

The post With Gloomy 2024 in Rearview Mirror, Agents Look for Brighter Days Ahead appeared first on RISMedia.

In an escalating dispute between the National Association of REALTORS® (NAR) and Phoenix Association of REALTORS® (PAR) that seems to grow more intense by the day, NAR is now apparently planning action to revoke PAR’s charter over its refusal to cease and desist allowing agents and brokers to access listing services without NAR membership. In…

The post PAR Slams NAR Intent to Revoke Charter Over ‘MLS Choice’ Issue appeared first on RISMedia.

In a letter to the National Association of REALTORS® (NAR) December 23, lawyers for the Phoenix Association of REALTORS® (PAR) said the organization will not accede to NAR’s demand to withdraw its new MLS Choice offering. “PAR has experienced more and more real estate professionals interested in obtaining the products and services they value for…

The post Phoenix Association of REALTORS® Ratchets Up Intensity in Conflict With NAR appeared first on RISMedia.

Federal regulators filed a lawsuit Monday against Rocket Homes Real Estate and The Jason Mitchell Group (JMG), alleging an illegal referral scheme that steered homebuyers toward specific mortgage and settlement services, according to a complaint filed by the Consumer Financial Protection Bureau (CFPB). Rocket Homes allegedly provided real estate brokerages with referrals and preferential treatment…

The post CFPB Sues Rocket Homes, Jason Mitchell Group Over Alleged Kickback Referral Scheme appeared first on RISMedia.

Howard Hanna Real Estate Services (HHRES) has announced that agents who joined the company in 2024 have collectively closed more than $500 million in sales this year. The company says the achievement underscores the power of Howard Hanna’s innovative, tech-forward tools combined with a family-owned and personal approach to real estate. “Howard Hanna has always…

The post Howard Hanna’s 2024 Recruits Achieve $500 Million in Sales appeared first on RISMedia.

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…

The post Leading Through Change appeared first on RISMedia.

Realty ONE Group Landmark has announced the acquisition of Realty ONE Group Horizon, uniting two brokerages under the Realty ONE Group umbrella. This positions the combined company as one of the largest real estate networks with over 200 agents in Western and Central Pennsylvania. “This isn’t just an acquisition—it’s a movement,” said Tyler Thompson, broker…

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The U.S. Army Corps of Engineers (Corps) and the U.S. Environmental Protection Agency (EPA) issued a final rulemaking on Aug. 29, 2023, that revised the definition of “Waters of the United States” (WOTUS). The WOTUS Rule amends the Biden Administration’s January 2023 “Revised Definition of ‘Waters of the United States’” and was issued to conform…

The post NAR Challenges the WOTUS Rule’s Narrow Interpretation Post-Sackett Supreme Court Ruling appeared first on RISMedia.

2024 is closing out with a dip in consumer confidence, according to the latest monthly report from the Conference Board. In particular, the report’s Expectations Index (tracking consumers’ short-term outlook on income, business and the labor market) dropped by 12.6 points, signaling increased economic pessimism.  Moreover, purchasing plans for homes were down “slightly” in December,…

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