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NAHB Reports Remodeling Market Sentiment Dips in Q3

USA Real Estate News-RISMedia - Thu, 2024-10-10 13:53

The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for Q3, posting a reading of 63, down two points compared to the previous quarter. The NAHB/Westlake Royal RMI survey asks remodelers to rate five components of the remodeling market as “good,” “fair” or “poor.” Each question is measured on…

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Is it you? Call for speakers for Inman Connect New York 2025 

USA Real Estate News-Inman - Thu, 2024-10-10 13:48
Inman seeks fresh perspectives and new ideas from people like you for the Inman Connect stage when the conference returns to New York City in January. Fill out a short form to apply.

Stuck in 2024? How a Simple Reflection Workshop Can Transform Your 2025

USA Real Estate News-RISMedia - Thu, 2024-10-10 13:36

As real estate professionals, we often get caught up in the rush of transactions, leads and appointments. Yet, to truly grow in 2025, it’s critical to pause, reflect and analyze how our behaviors and strategies from the past year affected our business. Setting aside time for a structured reflection workshop can reveal the best pathways…

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NAR Files Supreme Court Petition to Block DOJ Investigation

USA Real Estate News-RISMedia - Thu, 2024-10-10 13:31

The National Association of REALTORS® (NAR) today filed its petition to the Supreme Court in a long-running, contentious dispute with the Department of Justice (DOJ) over an ostensibly shuttered investigation into various NAR policies, asking the highest court in the land to step in in and block the inquiry, which currently threatens to force even…

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RealReports, Pearl Certification agree to energy data integration

USA Real Estate News-Inman - Thu, 2024-10-10 13:22
Customers of RealReports can now access in-home energy insights from Pearl Certification, a provider of property energy analytics.

Move Concierge Announces Partnership with Side

USA Real Estate News-RISMedia - Thu, 2024-10-10 12:16

Move Concierge, a service that connects utilities and home services for new homebuyers, has announced a key partnership with Side, a real estate brokerage platform that helps agents create and grow their own boutique companies.  Through this partnership, real estate agents who work with Side will have access to Move Concierge services through Side Marketplace,…

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Leaders Offer Solutions for Preventing Agent Attrition in a Post-Settlement Landscape

USA Real Estate News-RISMedia - Thu, 2024-10-10 12:12

Above, from left, Jillian Young, Donny Samson, Drayton Saunders, Kate Rossi and Cindy Ariosa As the industry reconciles with new realities in the post-National Association of REALTORS® (NAR)-settlement era, agent attrition has been acknowledged as one of the expected consequences. Some top real estate minds recently gathered to discuss solutions—not only for how to prevent…

The post Leaders Offer Solutions for Preventing Agent Attrition in a Post-Settlement Landscape appeared first on RISMedia.

Bright MLS CEO checks Robert Reffkin on Clear Cooperation Policy

USA Real Estate News-Inman - Thu, 2024-10-10 11:58
Bright MLS CEO Brian Donnellan takes issue with assertions made by Compass CEO Robert Reffkin in his Oct. 8 op-ed for Inman on the role of MLSs in promoting Clear Cooperation.

Sacramento-based Prime Real Estate Team joins eXp Realty

USA Real Estate News-Inman - Thu, 2024-10-10 11:52
The Sacramento-based Prime Real Estate Team has transitioned from Side to eXp Realty after seven years, the brokerage announced on Wednesday. After serving the white-label brokerage in the Folsom and Greater Sacramento areas, the team is ready to advance the real estate industry with eXp. 

Realtor.com® Data Details Best Markets for Investing in 2024

USA Real Estate News-RISMedia - Thu, 2024-10-10 11:48

What’s the best bet for investors in real estate in 2024? Realtor.com® data suggests that homes in neighborhoods with good affordability and high listing viewership may be a starting point. In fact, the top 10 markets for investing drew nearly twice the viewership on listings than the national average, according to Realtor.com’s data.  For investors…

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Mortgage Rates See Surprising Rise This Week

USA Real Estate News-RISMedia - Thu, 2024-10-10 11:32

Mortgage rates reversed course from their consistent decreases as of late, possibly due to a stronger than expected September Jobs report, seeing a surge that hasn’t been seen since this past April.  The 30-year fixed-rate mortgage (FRM) grew from last week’s average of 6.12% to a current average of 6.32%, according to the latest Primary…

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How Much Does Your ‘Frankenstack’ Tech Strategy Cost?

USA Real Estate News-RISMedia - Thu, 2024-10-10 10:59

Why do so many brokerages pursue a costly and outmoded “best-in-class” tech strategy when it rarely delivers on its promises? Despite good intentions, assembling a patchwork of standalone tech tools creates a fragmented mess that hinders productivity and drives up costs. The allure of having the “best” often blinds broker/owners to the inefficiencies and frustrations…

The post How Much Does Your ‘Frankenstack’ Tech Strategy Cost? appeared first on RISMedia.

Inflation Sees Smallest Annual Increase Since February 2021

USA Real Estate News-RISMedia - Thu, 2024-10-10 09:56

Inflation continues to spiral downward toward the Federal Reserve’s goal of 2%, pointing to further interest rate cuts in the coming months and other positive signs for the housing market. The Consumer Price Index (CPI)—one of the main measures for inflation—rose 2.4% year-over-year in September, only 0.1 percentage points down from August’s rise of 2.5%.…

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