Luxury prices are strengthening, with double-digit growth in 20 of the largest markets in the nation—a contrast from the housing market overall, according to the August Luxury Home Index by realtor.com®. The age of inventory in the luxury segment sped up to 121 days, the...
For the housing market, gaining ground is proving to be a struggle.
On an annual basis—and for the eighth month in a row—pending home sales slipped, according to the August National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). Activity backtracked 1.8 percent month-over-month and 2.3 percent...
In the following interview, Navid Ali, regional director and broker/owner of Realty ONE Group BMC Associates in San Ramon, Calif., discusses the advantages of the brand, the firm's growth, and more.
Region Served: San Francisco's East Bay and Central California
Years in Real Estate: 25+
Number of Offices: 6, with...
During a 2013 interview held in Omaha, Neb., Warren Buffett, chairman and CEO of Berkshire Hathaway Inc., said the eponymous real estate brand would prosper for years to come.
“Berkshire Hathaway wants to be in businesses that are enduring,” he explained. “Real estate brokerages will be around 100 years from...
The average 30-year, fixed mortgage rate rocketed to 4.72 percent this week, at a record not seen since spring 2011, according to Freddie Mac's latest Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed mortgage rate rose to 4.16 percent, while the average five-year, Treasury-indexed hybrid adjustable mortgage rate...
(TNS)—Millennials are faced with the internal conflict almost every day: live comfortably now, or later?
Thanks to $1.5 trillion in student loan debt, rapidly increasing healthcare costs and high living costs, scraping by now often can be prioritized over worrying about retiring on a beach later.
Regardless, millennials are doing a...
The foot on the gas is letting up.
The explosive growth in home prices is slowing, according to the latest S&P CoreLogic/Case-Shiller Indices, which found July prices rose 6 percent year-over-year—an easing from 6.2 percent in June, and a March peak of 6.5 percent.
“Rising homes prices are beginning to catch...
NAR PULSE—Meet the 10 finalists for the Good Neighbor Awards—REALTORS® who make the world a better place through passionate volunteer work. Five winners will be named at the REALTORS® Conference & Expo, November 2-5 in Boston, and win $10,000 for their nonprofit. Read their inspiring stories and vote for...
Realogy has announced cataLIST, a cash offer program, in its first foray into the iBuyer space. Realogy collaborated with Home Partners of America, a lease-to-own program provider, on the venture. cataLIST is available through NRT's Coldwell Banker branded operations, in limited markets at the outset. NRT is...
Realty ONE Group is expanding into the Western Canadian market, which spans the following provinces: Manitoba, Saskatchewan, Alberta and British Columbia. Shami Sandhu, a longtime leader in the Canadian real estate market, has secured the rights to Realty ONE Group of Western Canada.
Sandhu,formerly broker/owner of RE/MAX River City in...