Government Funding Extended, Averting Shutdown
A potential government shutdown was avoided today following President Joe Biden signing off on legislation late Friday afternoon, extending government funding until Feb. 18. The bill-signing came following an eleventh-hour decision by Congress Thursday, before heading to the president’s desk today. The move also averted potentially devastating impacts on the real estate industry. December will […]
Shattering the Glass Ceiling in Real Estate
The real estate industry is dominated by powerhouse women entrepreneurs. Women are likely to enter real estate not only because of their interest in the field and the flexibility the industry provides, but also because of their strong desire to help families and work with people. The pandemic has been difficult on women’s careers. In […]
Register for RISMedia’s ‘Rocking in the New Year 2022,’ Taking Place Jan. 6
Join RISMedia and our all-star line-up of real estate leaders and visionaries to gear up for maximum success in the New Year. Power brokers, subject matter experts, top-producing agents and some of the industry’s best coaches and trainers will share critical advice and hands-on strategies for tackling the challenges and optimizing the opportunities that lie […]
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New Mortgages Fall, Sparking Fears of Market Slowdown
A significant drop in mortgage originations for the second consecutive quarter has industry insiders worried, as borrowers appear to be shying away from both refinance and new purchase lending in what is traditionally a peak season, according to a new report from ATTOM Data Solutions. After dropping 3% in the second quarter of 2021, new […]
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Brand Report: Canadian Real Estate Prices Expected to Rise 9.2% in 2022
RE/MAX is anticipating steady price growth across the Canadian real estate market in 2022, with inter-provincial migration continuing to be a key driver of housing activity in many regions, based on surveys of RE/MAX brokers and agents, as reflected in the 2022 Canadian Housing Market Outlook Report. Key findings: Migration between provinces expected to continue […]
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Zillow Sees Stock Bump After Selloff of iBuying Properties
Zillow is getting a slight reprieve from its recent iBuying woes. The real estate giant is enjoying a modest stock rebound following a Dec. 2 announcement that it has sold or is in the process of selling more than half of its remaining iBuying inventory as it continues to wind-down Zillow Offers. “We are pleased […]
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The Impact of Student Loan Debt: Is Now the Time for Governmental Action?
A new study from the National Association of REALTORS® (NAR) shows that student loan debt is delaying 60% of non-homeowning millennials from purchasing their first homes. The survey further demonstrates that 51% of all holders of student loan debt have had home-purchase delays because of it. Overall, the Federal Reserve estimates that Americans have a […]
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Mortgage Rates Stable Heading Into Continued Pandemic Uncertainty
The 30-year fixed-rate mortgage (FRM) averaged 3.11% for the week ending Dec. 2, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). Mortgage details: The 30-year fixed-rate mortgage averaged 3.11% with an average 0.6 point for the week ending Dec. 2, 2021, up slightly from last week when it averaged 3.10%. Last year, the 30-year FRM averaged 2.71%. […]
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How Past Clients Lead to Future Business
What kind of score do you give yourself when it comes to nurturing past clients? Strengthening these relationships will place you ahead of the competition and set you up for continued success. It’s baffling trying to understand why agents pay for leads that are sold and resold through multiple lead generation platforms, who then wonder […]