Over the past few years, closing a real estate deal was easy for many real estate agents. Homes flew off the market almost as soon as they were listed. The actual closing seemed like just a formality. Now that the market is fluctuating away from that hectic pace, ...read more
In response to the controversial new loan level pricing adjustments (LLPA) announced by the Federal Housing Finance Agency's (FHFA), National Association of Realtors® President Kenny Parcell recently testified before the House Committee on Financial Services Subcommittee on Housing and Insurance on the fees' unnecessary and confusing nature. Parcell explained...
Coldwell Banker Realty has announced Greg Rand as the company's new executive vice president (EVP) of revenue growth. In his new role, Rand will be responsible for driving high-margin real estate volume and leading the Coldwell Banker Leads division, including corporate relocation, referral programs and web leads. He will...
While there has been a tech revolution in real estate over the years, embracing new technology can still be daunting for those trying to figure out what works for their business. Unless you've lived under a rock for the past year, you've probably heard that artificial intelligence (AI) is ...read more
Editor's Note: This article was originally published May 11. Over the weekend I was entranced–as I am each year–by the Kentucky Derby. (Berkshire Hathaway HomeServices network members will remember 2022 when the network took over historic Churchill Downs for an incredible Sales Convention celebration.) I love the Kentucky Derby...
Though only 7% of this country's general population are veterans, the National Coalition for Homeless Veterans has found they comprise some 13% of America's homeless population. The number has decreased significantly over the past decade, but much work remains in the ongoing effort to provide this most basic human...
Editor's Note: In March, RISMedia released its 2023 Top 1,000 Power Brokers, exclusively for RISMedia Premier Members. In this special interview series, we talk to some of our top-ranking brokers to garner their insights and strategies for sustaining their firms' success. For more information, click here. While many markets ...read more
Affordability remains one of the biggest challenges facing consumers in the housing market—buyers and renters alike. Despite a slowing in the rate of rent increases, single-family rent prices remain 23%-plus higher than they did before the COVID-19 pandemic. Reports in 2022 showed that Americans spend as much as 30%...
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 increased to 6.39%, the level at which they stood two weeks ago, according to the latest Primary Mortgage Market Survey from Freddie Mac. The 15-year fixed-rate mortgage...
There's a new face in Zillow's C-Suite, as the tech giant named Jeremy Hofmann its new chief financial officer (CFO). The Seattle-based company announced Thursday that it promoted Hofmann to succeed Allen Parker, who served as Zillow's CFO since 2018 and will be taking an advisory position at the...