Posts filtered by tags: Real Estate News[x]


HomeSmart Hires New Broker of Record for Texas

HomeSmart recently announced that Kelly Snodgrass has joined the corporate leadership team as the broker of record for the state of Texas following a decade in the industry. Snodgrass will serve Texas agents and consumers, expanding the nation’s seventh-largest brokerage into Dallas, Fort Worth, Arlington, Grapevine and the surrounding Metroplex areas. The Texas market, according to Snodgrass, is facing a significant inventory challenge, with about half as many active listings than normal for th...
Tags: Texas, Leadership, News, Radio, Expansion, National, Latest News, Industry News, Kelly, National Association of Realtors, Snodgrass, Real Estate News, Brokers, Real Estate Brokerage, HomeSmart, Kelly Snodgrass

Coldwell Banker Egypt Launches Franchise Program

Coldwell Banker Egypt marks the 20th anniversary of its founding, and as part of those festivities is launching a new franchise program in Egypt. Looking toward Egypt’s future, the Franchise Program is designed to empower youth and provide job opportunities, capitalizing on governorates that are witnessing an urban boom. The Coldwell Banker Egypt Franchise Program aspires to sign contracts with more than 100 franchises who comply with Coldwell Banker standards during the next three years. Member...
Tags: Real Estate, News, Radio, Egypt, Expansion, Middle East, Cairo, Latest News, Industry News, Franchise, Real Estate News, Coldwell Banker, Brokers, Real Estate Brokerage, Ryan Gorman, Real Estate Brand

Annual Home Price Growth Strong but Moderation Forecast for 2022

U.S. annual home price growth for October 2021 remained strong at 18% in October— the highest recorded in the 45-year history of CoreLogic’s Home Price Index (HPI). However, monthly price growth has slowed from its April peak, signaling a continued slowdown in the coming months. The findings: U.S. home prices increased 18% in October YoY. Month-over-month, they increased by 1.3%. Appreciation of detached properties (19.5%) was 6.6 percentage points higher than attached properties (12.9%). CoreL...
Tags: Utah, Florida, Real Estate, News, Housing Market, Radio, Idaho, Arizona, Teams, National, Agents, Affordability, Naples, Latest News, Industry News, Real Estate News

Salt Lake City Projected to be 2022 Top Housing Market

The nation’s top housing markets are driven by strong local economies, tech sector job growth and affordability, according to realtor.com®’s latest forecast. The Top Housing Markets of 2022 were primarily located in the Mountain West, Midwest and New England. They will likely experience the strongest combined growth in home sales and listing prices among the 100 largest U.S. metros, said the company. Across these 10 markets, home sales are expected to grow by 11.6% year-over-year in 2022—almost ...
Tags: Jobs, News, Housing Market, Economy, Radio, Luxury, Teams, National, Salt Lake City, Columbus, Agents, Worcester, Affordability, New England, Latest News, Industry News

Economic Pessimism Reaches Decade High, Buyers Realize Lack of Leverage

Sellers and buyers are at odds in today’s market as homeowners retain the edge and buyers continue to battle it out for their purchases—a trend that may be waning, however, according to recent reports. The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 0.8 points to 74.7 in November, reporting the greatest economic pessimism in 10 years. Four of the index’s six components decreased month-over-month. In November, 74% of respondents said it was a good time to sell a home, compared to t...
Tags: Real Estate, News, Homeownership, Selling, Housing Market, Economy, Radio, National, Mortgage, Latest News, Industry News, Homebuying, Fannie Mae, Real Estate News, Fannie Mae Home, HPSI

CLPHA Responds to Biden-Harris Administration’s Maternal Health Initiative

The Council of Large Public Housing Authorities (CLPHA) applauds the Biden-Harris Administration’s Maternal Health Call to Action announced today , and CLPHA was honored to be the only housing organization to sign the letter of commitment to the action. This recognition speaks to CLPHA’s leadership in health equity and long-standing dedication to improving maternal health among residents of CLPHA’s member public housing authorities (PHAs). CLPHA launched its commitment to maternal health and man...
Tags: Real Estate, News, Housing, White House, America, Radio, National, Maternal health, Centers For Disease Control And Prevention, Black, Latest News, Industry News, Real Estate News, Boston Public Health Commission, Sunia Zaterman, Council of Large Public Housing Authorities

Construction Making Headway but Builders Have to Play Catch-Up

The inventory shortage has been a prominent issue in housing for years, but how much work do builders have ahead of them in order to keep up with sky-high demand? A new Zillow report shows builders still have to fill a 1.35 million new-home construction shortfall caused by a decade of underbuilding. Key findings: Zillow estimates that, since 2008, there has been a shortfall of 1.35 million homes in just the 35 largest U.S. metros, with growth stunted due to slowing population growth. More homes...
Tags: Real Estate, News, Housing Market, Radio, Miami, National, Construction, Seattle, Zillow, Latest News, Industry News, Phoenix, Builders, Inventory, Real Estate News, Jeff Tucker

HUD to Distribute Additional American Rescue Plan Funds to Fight Housing Discrimination

The U.S. Department of Housing and Urban Development (HUD) recently announced that it is making an additional $5,757,663 in American Rescue Plan (ARP) funding available to help HUD Fair Housing Initiatives Program (FHIP) agencies combat housing discrimination related to the COVID-19 pandemic. Organizations that qualify for the funding, which is being awarded through FHIP’s Private Enforcement Initiative (PEI) component, will be able to use the money to conduct a range of fair housing enforcement...
Tags: Real Estate, News, Radio, Hud, National, Latest News, Industry News, Real Estate News, Fair Housing, Housing Discrimination, U.S. Department of Housing and Urban Development, Fair Housing and Equal Opportunity, Coronavirus, FHIP, Demetria McCain

Fannie Mae Announces Leadership Changes

Fannie Mae recently announced the appointment of Chryssa C. Halley to executive vice president and chief financial officer (CFO). In this role, Halley reports to the Fannie Mae President and is responsible for Fannie Mae’s financial management and economic and strategic research functions. The company also announced that Jim L. Holmberg has been promoted to senior vice president and controller. In this role, Holmberg will be the company’s principal accounting officer. Both appointments were effe...
Tags: Leadership, News, Dave, Radio, National, Mortgage, Lending, Financing, Latest News, Industry News, Benson, Jim, Halley, Fannie Mae, Real Estate News, HOLMBERG

REALTORS® Take the Lead Before the Need

There is no question that REALTORS® have a passion for giving back, and that generous spirit was never more evident than in the hours following the Sept. 11, 2001, attacks on our nation. Our world as we knew it was shaken to its core and REALTORS® jumped into action to create the REALTORS® Relief Foundation (RRF), raising $8.4 million from REALTORS® and others, vowing that no American should be at risk of losing their home because of the loss of a breadwinner in a terrorist attack on American so...
Tags: Post, Real Estate, New York, News, California, Radio, Arkansas, Michigan, National, Louisiana, Agents, Natural Disasters, Michael Ford, Latest News, Industry News, NAR

Luxury Homeownership: Sustainability a Key Buying Factor, COVID Continues Impacting Trends

Demand for luxury home purchases has not dwindled even as the pandemic’s volatile nature continues to pose challenges in real estate. According to a 2022 State of Luxury Real Estate (SOLRE) report, authored by Luxury Portfolio International® (PLI), home prices in the segment are expected to continue increasing as supply struggles to meet high demand. While most luxury buyers (74%) are still reporting strong personal economic confidence, 75% say they are very concerned their discretionary spendin...
Tags: Europe, Feature, Real Estate, News, Marketing, Selling, Housing Market, Radio, Luxury, Middle East, Teams, National, North America, Agents, Latest News, Industry News

Keller Williams Announces Major Expansion of Community-Based Business Initiative

Franchise announces executive and divisional leader appointments in support of new strategy Austin, TX – December 6th, 2021 (BUSINESS WIRE) Keller Williams (“KW”), the world’s largest real estate technology franchise by agent count and the U.S. leader in units and sales volume, announces a major expansion of its community-based business alignment and formation efforts in support of recognized and emerging real estate market segments. To oversee the strategic endeavour around commu...
Tags: Real Estate, Texas, News, Austin, Radio, Canada, United States, Keller, Shepherd, Lee, Keller Williams, Patel, ALICIA, Real Estate News, Letourneau, Matt Green

A Week In Real Estate News – December 3rd

Everyday AgencyLogic publishes real estate news and press releases from around the country. Here are the most recent press releases: Home builders Are Still Playing Catchup During Construction Boom Berkshire Hathaway HomeServices Appoints Laura Stace as Vice President of Luxury Marketing Mortgage Lending Declines At Unusually Fast Pace Across U.S. During Third Quarter Of 2021 Redfin Reports For-Sale Home Supply Hits All-Time Low Realtor.com® 2022 Housing Forecast Reveals A Whirlwi...
Tags: Real Estate, News, Radio, Berkshire Hathaway, Zillow, NAR, Fannie Mae, Real Estate News, AgencyLogic, Laura Stace, Conforming Loan Limits Earth Tones

Job Growth Appears Slow But Construction Industry Continues to See Progress

While job growth didn’t meet expectations in November, the unemployment rate fell to its lowest level since February 2020, according to the latest data from the U.S. Bureau of Labor Statistics. “The unemployment rate continued to plunge and is now at 4.2%, which is actually below March 2020 levels when the ugly COVID virus came to the country. This measurement should be taken with a grain of salt, however, since many Americans are not showing up in the statistics. Only those who are searching f...
Tags: Real Estate, Jobs, News, Labor, Mba, America, Radio, Jobs Report, National, Latest News, Industry News, NAR, Yun, Real Estate News, U S Bureau of Labor Statistics, Mortgage Bankers Association

Coldwell Banker Helman REALTORS® Aligns With Coldwell Banker Real Estate Group

Coldwell Banker Helman REALTORS® will be joining forces with the largest Coldwell Banker franchise affiliate in the United States, Coldwell Banker Real Estate Group, the company recently announced. “This is a family-owned business working with another family-owned business,” said Coldwell Banker Helman REALTORS® President Troy Helman in a statement. “Our business is growing and changing, but our commitment to the Terre Haute community, our commitment to our clients, our brokers and staff will no...
Tags: Real Estate, Leadership, News, Radio, Expansion, Michigan, National, Latest News, Industry News, Larry, Troy, Bert, Real Estate News, Helman, Coldwell Banker, Bernice

Corcoran Global Living Adds Boutique Lake Arrowhead Brokerage, Prime Properties

Corcoran Global Living has welcomed Lake Arrowhead’s Prime Properties to its growing operation. With the addition of this newest location set in the pristine San Bernardino Mountains, Corcoran Global Living now has nearly 2,600 expert real estate associates across 70 offices with annual combined sales of $9 billion. “Our organization is built on relationships. We’re excited to welcome Jeff Perlis and the entire Prime Properties team to the Corcoran Global Living family. Aligning with this amazin...
Tags: Real Estate, Leadership, News, California, Radio, Expansion, National, San Bernardino Mountains, Latest News, Industry News, Lake Arrowhead, Bear Valley, Lake Tahoe Truckee, Real Estate News, Corcoran, Brokers

ERA® Expands in Central Washington

ERA® Real Estate recently announced the affiliation of ERA Skyview Realty. The company is based in Richland, Washington, and serves the Tri-Cities region along the Columbia River bounded by Richland, Kennewick, Pasco, West Richland and Benton City. Broker/owner Arielle Hays began her second career in real estate in 2018, following a highly successful management career in retail and as a small business owner. Her unwavering determination to succeed in real estate and entrepreneurial spirit allowe...
Tags: Real Estate, Leadership, News, Washington, Radio, Expansion, National, Latest News, Industry News, Tri Cities, GCI, Columbia River, Real Estate News, Arielle, Central Washington, ERA

Government Funding Extended, Averting Shutdown

A potential government shutdown was avoided today following President Joe Biden signing off on legislation late Friday afternoon, extending government funding until Feb. 18. The bill-signing came following an eleventh-hour decision by Congress Thursday, before heading to the president’s desk today. The move also averted potentially devastating impacts on the real estate industry.  December will be a busy time for lawmakers who still have another critical fiscal decision regarding the gover...
Tags: Real Estate, News, Congress, Joe Biden, Radio, United States, National, Seattle, Government Shutdown, Latest News, Industry News, NAR, Gardner, National Association of Realtors, Real Estate News, Windermere Real Estate

Shattering the Glass Ceiling in Real Estate

The real estate industry is dominated by powerhouse women entrepreneurs. Women are likely to enter real estate not only because of their interest in the field and the flexibility the industry provides, but also because of their strong desire to help families and work with people. The pandemic has been difficult on women’s careers. In April 2020, the share of women aged 25 – 54 in the labor force who were working dropped to the lowest level seen since March 1984. The strides women made through th...
Tags: Feature, Real Estate, Leadership, News, Radio, Dolly Parton, Teams, National, Agents, Latest News, Industry News, NAR, National Association of Realtors, Real Estate News, Brokers, Lead Story

Brand Report: Canadian Real Estate Prices Expected to Rise 9.2% in 2022

RE/MAX is anticipating steady price growth across the Canadian real estate market in 2022, with inter-provincial migration continuing to be a key driver of housing activity in many regions, based on surveys of RE/MAX brokers and agents, as reflected in the 2022 Canadian Housing Market Outlook Report. Key findings: Migration between provinces expected to continue in 2022, potentially impacting local Canadian real estate conditions, according to 53% of RE/MAX brokers (20 out of 38) Forty-nine per...
Tags: News, Housing Market, Radio, Canada, Luxury, Teams, National, Halifax, Agents, Latest News, Industry News, Moncton, Atlantic Canada, Real Estate News, Christopher Alexander, Leger

New Mortgages Fall, Sparking Fears of Market Slowdown

A significant drop in mortgage originations for the second consecutive quarter has industry insiders worried, as borrowers appear to be shying away from both refinance and new purchase lending in what is traditionally a peak season, according to a new report from ATTOM Data Solutions. After dropping 3% in the second quarter of 2021, new mortgage originations fell an alarming 8% overall in Q3 this year. This is the first time in more than two years the industry has seen consecutive quarterly decr...
Tags: Real Estate, News, Housing Market, Radio, Teams, National, Mortgage, Lending, Financing, Agents, Latest News, Industry News, Consumer, Real Estate News, Jesse Williams, Brokers

Zillow Sees Stock Bump After Selloff of iBuying Properties

Zillow is getting a slight reprieve from its recent iBuying woes. The real estate giant is enjoying a modest stock rebound following a Dec. 2 announcement that it has sold or is in the process of selling more than half of its remaining iBuying inventory as it continues to wind-down Zillow Offers.  “We are pleased with the progress of our wind-down efforts and recognize that no longer operating Zillow Offers will allow us to have a more capital-efficient balance sheet and business moving f...
Tags: Real Estate, News, Radio, National, Zillow, Latest News, Industry News, Homebuying, Dec, Barton, Real Estate News, Zillow Group, Rich Barton, Brokers, Allen Parker, Cash Offer

Home builders Are Still Playing Catchup During Construction Boom

– A limited supply of for-sale homes is a key reason home prices have risen quickly during the COVID-19 pandemic – There is a shortage of 1.35 million new construction homes since the Great Recession in the 35 largest U.S. housing markets. That is as if no new homes were built for 2.7 years. – Builders are racing to catch up, but supply chain disruptions and labor shortages are slowing their efforts. – The biggest new-construction shortfalls since 2008 have been in Dallas, Miami, Phoeni...
Tags: Real Estate, Minneapolis, Washington, Indianapolis, Radio, United States, Portland, Dallas, Miami, Seattle, Cleveland, Detroit, Zillow, Baltimore, Columbus, San Antonio

Berkshire Hathaway HomeServices Appoints Laura Stace as Vice President of Luxury Marketing

Irvine, CA – December 2nd (BUSINESS WIRE) Berkshire Hathaway HomeServices, a global residential real estate brokerage franchise network, is proud to welcome Laura Stace as Vice President of Luxury Marketing. Stace brings extensive experience in marketing to the position after representing some of the world’s most notable residential real estate brands and developers. She will work alongside the global executive team’s esteemed professionals to expand the marketing services for the global network...
Tags: Real Estate, News, Australia, Mexico, Los Angeles, Radio, Miami, Berkshire Hathaway, Caribbean, Griffith University, Laura, Global Marketing Communications, Berkshire Hathaway HomeServices, Irvine, Real Estate News, Middle East India

Mortgage Rates Stable Heading Into Continued Pandemic Uncertainty

The 30-year fixed-rate mortgage (FRM) averaged 3.11% for the week ending Dec. 2, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). Mortgage details: The 30-year fixed-rate mortgage averaged 3.11% with an average 0.6 point for the week ending Dec. 2, 2021, up slightly from last week when it averaged 3.10%. Last year, the 30-year FRM averaged 2.71%. The 15-year fixed-rate mortgage averaged 2.39%with an average 0.6 point, down from last week when it averaged 2.42%. Last year, the 1...
Tags: Real Estate, News, Congress, Interest Rates, Radio, Treasury, National, Lending, Federal Reserve, Mortgage Rates, Financing, ADP, Latest News, Industry News, Dec, Freddie Mac

Curbio Names Jennifer A. Moyer as Chief Financial Officer

Curbio has announced Jennifer A. Moyer as its new chief financial officer. Moyer joins Curbio with nearly three decades of financial experience, most recently serving as the chief operating officer and chief financial officer of the Upside Travel Company. Throughout the course of her career, she has held several executive leadership positions, including chief financial officer of Alarm.com Holdings, Inc. and chief operating officer of Washingtonpost.Newsweek Interactive, a subsidiary of The Wash...
Tags: Leadership, News, Home Improvement, Radio, National, Latest News, Industry News, Jennifer, Real Estate News, Moyer, Real Estate Technology, The Washington Post Company, Alarm com Holdings Inc, Curbio, Rick Rudman, Jennifer Moyer

The Impact of Student Loan Debt: Is Now the Time for Governmental Action?

A new study from the National Association of REALTORS® (NAR) shows that student loan debt is delaying 60% of non-homeowning millennials from purchasing their first homes. The survey further demonstrates that 51% of all holders of student loan debt have had home-purchase delays because of it. Overall, the Federal Reserve estimates that Americans have a total of $1.73 trillion in student loan debt. Congress and the White House are looking for ways to solve what many are calling a full-blown crisis...
Tags: Feature, Real Estate, News, Congress, White House, Radio, National, Student Loan Debt, Federal Reserve, Advocacy, Latest News, Industry News, Department Of Education, NAR, Real Estate News, Congressional Democrats

Two Photography Giants Combine: VHT Studios Acquires TourFactory

VHT, Inc., recently announced the acquisition of the TourFactory photography network. This transaction brings together the nation’s two largest real estate photographer networks, according to the company. The combination of VHT Studios’ photographers and the TourFactory network of independent photographers and photography companies gives access to a large network of professional real estate photographers. As part of this transaction, VHT and Collabra have entered a multi-faceted partnership wher...
Tags: News, Radio, National, Latest News, Industry News, Collabra, Real Estate News, Real Estate Marketing, VHT Studios, VHT Inc, Real Estate Photography, Brian Balduf, Russ Cofano, Collabra Technology, TourFactory, Balduf

U.S. Household Net Worth Increased 17.6% Between 2016 and 2019

American households got a bit richer between 2016 and 2019, according to a new report released on Dec. 2 by the Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA). The RIHA study “The Distribution of Wealth in America Since 2016” found that the median net worth of U.S. households increased by 17.6% in those three years, marking the highest amount since the Great Recession. Data from the Federal Reserve Board’s triennial Survey of Consumer Finances (SCF) was used t...
Tags: News, Homeownership, Mba, America, Wealth, Radio, United States, National, Latest News, Industry News, Federal Reserve Board, Real Estate News, SCF, Mortgage Bankers Association, Net Worth, Riha

Emerging Tech: AI and 5G Will Be Game Changers for Real Estate

Technology is playing an increasingly important role in real estate, supplementing agent and broker efforts to build relationships and provide value to homebuyers, sellers and investors. While the last decade has seen significant tech growth, industry experts addressed the future of its applications in real estate at the National Association of REALTORS® (NAR) annual REALTOR® Conference & Expo, this year held in person at the San Diego Convention Center in California from Nov. 12-15. The consens...
Tags: Technology, News, California, Radio, National, Ai, Agents, Griffin, 5g, Latest News, Industry News, NAR, National Association of Realtors, Real Estate News, San Diego Convention Center, Conroy

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