New-Home Sales See Big Fall in August
Due to rising mortgage rates and a lack of inventory, new-home sales saw a drastic 8.7% dip in August, according to a new report from the National Association of Home Builders (NAHB). NAHB reported, using data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, that sales of newly built,…
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Buckle Up: 2024 Is Going to Get Weird
Real estate is no stranger to the out-of-the-ordinary, and 2024 looks like it’s going to be a doozy. In some ways, we’ve found a new “normal”: shrinking broker margins, rising costs, inflationary pressure and scarce seller leads. In others, like interest rates, inventory and pricing, things feel more uncertain than ever. We’re heading for uncharted…
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Strategies for Navigating the Current Market: Adapting to Changes and Focusing on Growth
Above, left to right: J. Lennox Scott, chairman & CEO, John L. Scott Real Estate; Jim Fite, president & CEO, CENTURY 21 Judge Fite Company; Vanessa Bergmark, owner/CEO, Red Oak Realty; Chris Trapani, founder & CEO, Christie’s International Real Estate Sereno; and John Featherston, founder & CEO, RISMedia. Photo by AJ Canaria. While low inventory,…
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Put Your Agents’ Safety First
Access NAR’s Safety Toolkit to develop a strong culture of safety in your firm. Share safety tips, discussion topics, and webinars year-round with your agents to ensure they understand the risks, recognize warning signs, and know how to avoid becoming a victim. Make safety your priority so that everyone makes it home safely every night.…
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Elevate Your Skills and Save With NAR Academy
NAR PULSE-Take your career to the next level with an MBA or certificate from NAR Academy at Columbia College. As a first-time student, you can receive 50% off your first eligible course for the late fall 2023 session. Register by Oct. 25! Ask an appraiser webinar – register today Join us on October 4, for…
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NAR and CCIM Institute Partner for Summit
The National Association of REALTORS® (NAR) and the CCIM Institute, one of the largest commercial real estate networks in the world with chapters in more than 30 global markets, have partnered to present the C5 + CCIM Global Summit, NAR has announced. Practitioners within the entire commercial ecosystem—including brokerage, financing, development, asset and property management…
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Report: Home Prices Continued Upward Trend in July
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, today reported a 1% annual change in July, up from a 0% change in June. The 10-City Composite showed an increase of 0.9%, which improves from a -0.5% loss in the previous month. The 20-City Composite posted a year-over-year…
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The PowerVP App: Transform Your Business for the Better
Guaranteed Rate, a cutting-edge mortgage lender driven to be the nation’s top Fintech, continues to revolutionize the industry with PowerVP, a game-changing app exclusively available to their expert Loan Officers. With PowerVP, Loan Officers can run all aspects of their business directly from their phone, allowing them to give agents and borrowers updates and approvals…
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Natural Beauty Meets Luxury Living: Inside the World of Maine’s Top Real Estate Team
Above: Teddy Piper (left) and David Banks (right) When you think of the state of Maine, you probably imagine incredible views, delicious seafood and a serene atmosphere. For the No. 1 real estate team in the state, their first thought is providing a superior experience and exceeding expectations for their buyers and sellers. David Banks…
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Don’t Lose Deals to These Preventable Issues
It’s the fourth quarter. You are in the red zone when someone fumbles the football. All that work for someone to drop the ball. In real estate, this is similar to losing the sale last minute and unfortunately, it happens all too often. So maybe selling a house isn’t the same as winning a football…
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