Consumer sentiment fell 2.9% in August, while still maintaining the second-highest reading in 21 months, according to data from the University of Michigan. “After rising sharply for the past several months, consumer sentiment moved sideways in August with a small decline that is not statistically different from July,” said...
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. Mortgage rates rose again this week, reaching their highest level since 2001, according to Freddie Mac's latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 7.23%, while the...
Agents with a rich understanding of mortgage finance have countless opportunities to deliver more value to their buyer-clients and gain a competitive edge. After all, a mortgage is the most complicated but essential aspect of most buyers' transactions. Additionally, surveys from the National Association of REALTORS® have repeatedly found...
The 30-year fixed-rate mortgage (FRM) jumped from last week's average of 7.09% to an average of 7.23% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week's numbers: 30-year fixed-rate mortgage averaged 7.23%, up from last week when it averaged 7.09%....
Editor's Note: The Playbook is an RISMedia biweekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they're employing and unique ideas they've formulated. Tune in every other Thursday for another addition...
Huntington & Ellis, A Real Estate Agency, an affiliate of Leading Real Estate Companies of the World, has announced it has ranked No. 2,781 on Inc. Magazine's annual Inc. 5000 list, a prestigious ranking of the nation's fastest-growing private companies. Achieving a 192% three-year growth rate, this marks the...
Median single-family home and condo prices increased in 61% of Opportunity Zones around the country, and rose at least 5% in about half, according to a new report from ATTOM. ATTOM's Opportunity Zones report looked at 3,909 zones around the United States with sufficient data to analyze, meaning they...
RISMedia is still accepting nominations for its next class of Real Estate Newsmakers—those individuals from across the U.S. who are making headlines for their commitment and contributions to the real estate industry in 2023, as well as going the extra mile to positively impact their peers, colleagues, clients and...
Market cycles come and go, and for many, a sign of success can be how well you lead your brand and company through uncertain times. The past three years certainly provided its share of uncertainty, but several brokerages managed to thrive despite the rollercoaster ride. That was evident in ...read more
Luxury real estate, while a piece of the housing market, is a world all its own. The ebb and flow of the housing market overall affects the luxury market, however the luxury market experiences its own ups and downs independently as well. As the residential real estate market continues...