Following the usual pattern when mortgage rates decrease, mortgage applications increased this week, up 7.1% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association's (MBA) for the week ending March 8, 2024. Of note this week was the continued percentage increase...
Winds of change occurred in February as active listings at the end of the month finally surpassed their year-ago amount, according to Bright MLS's February 2024 Housing Report. Inventory was 6.3% above where it was in February 2023, making it the first gain since May 2023. New listings have...
Editor's Note: Social Skills is a bi-monthly feature in RISMedia's Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. The temperatures are rising, ice and snow are melting away, and the first day of Spring is less than a week away!...
Above, Mathew Kallumadil, VP, Technology & Innovation, Stellar MLS, at the 22nd annual CoreLogic Clareity Conference. Photo by Rachel Jane Photo. Stellar MLS announced that Mathew Kallumadil, vice president of Technology & Innovation at Stellar MLS, recently joined hundreds of industry colleagues at the 22nd annual CoreLogic Clareity conference...
As home prices continue to see positive movement, despite some slows throughout 2023, home equity continues to grow for homeowners across the country. CoreLogic's homeowner equity report for Q4 2023 found that homeowners with mortgages (which account for roughly 62% of all properties) saw a home equity increase of...
Motto Mortgage has announced the company has established a new office in Tampa, Florida. Motto Mortgage Mountaintop Partners is now open and serving all markets throughout the Sunshine State, a released stated. “Motto Mortgage Mountaintop Partners offers an advantageous alternative to the traditional mortgage bankers currently operating in Tampa,”...
eXp and CEO Glenn Sanford are seeking to dismiss a second lawsuit filed by a woman who claims she was sexually assaulted by high-profile recruiters at company events, arguing again that they are not responsible for the alleged misconduct of agents—although the same judge just recently overruled similar arguments...
Above, Gail and Dave Liniger, Co-Founders of RE/MAX LLC Coming out this month, “The Perfect 10: 10 Leadership Principles to Achieve True Independence, Extreme Wealth and Huge Success” is RE/MAX Co-Founder Dave Liniger's latest book in which he shares more than 50 years of business insights to help future...
The Consumer Price Index (CPI) increased 0.4% in February on a seasonally adjusted basis, after rising 0.3% in January, the U.S. Bureau of Labor Statistics reported on March 12. It marked the biggest increase since last fall. Over the last 12 months, the all items index increased 3.2% before...
Anywhere Real Estate Inc. announced the appointment of Eric Jacobs—the regional president of Select Brands for Anywhere Integrated Services—to the Corporate Board of Governors of the National Association of Hispanic Real Estate Professionals (NAHREP). Jacobs joins Anywhere colleague and CENTURY 21 President and Chief Executive Officer Mike Miedler, who...