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Strong economy may prop up home prices, mortgage rates

USA Real Estate News-Inman - Thu, 2024-10-17 17:42
Fannie Mae economists say surprising strength of the U.S. economy means home prices are likely to keep rising, and mortgage rates may not come down as quickly as previously expected.

Webinar Recap: Getting Ready for the Rebound—How to Seize the Opportunity as the Market Improves

USA Real Estate News-RISMedia - Thu, 2024-10-17 15:29

In the latest RISMedia webinar—“Getting Ready for the Rebound: How to Seize the Opportunity as the Market Improves”—panelists Jake Hamilton, senior vice president of Strategy at Lone Wolf Technologies; Shawna Alt, CEO of First Weber, Inc; and Scott MacDonald, broker/owner and president of RE/MAX Gateway, discuss key strategies for navigating a changing real estate market,…

The post Webinar Recap: Getting Ready for the Rebound—How to Seize the Opportunity as the Market Improves appeared first on RISMedia.

Floyd Mayweather Jr. to acquire $402M Black Spruce portfolio

USA Real Estate News-Inman - Thu, 2024-10-17 14:44
The deal, one of the city’s largest this year, involves 1,000 units and more than 60 buildings across Upper Manhattan in New York City. Part of the portfolio closed Wednesday, according to reports.

Zillow CEO: It’s ‘obvious’ private listing networks harm consumers

USA Real Estate News-Inman - Thu, 2024-10-17 14:34
Have no doubt — Zillow is on the side of Clear Cooperation. That's the message Zillow CEO Jeremy Wacksman delivered on the latest episode of real estate strategist Mike DelPrete's Context podcast, where the two thought leaders talked about Zillow's evolving Housing Super App and raising consumer awareness about Zillow's mortgage and rental businesses alongside the industry's latest hot-button topic.

With $184M, Backflip to offer residential transition loans

USA Real Estate News-Inman - Thu, 2024-10-17 12:12
The mobile-forward fintech company that marries real estate investment search and analysis with streamlined financing has raised a $184 million through two private credit funds, one a $30M of equity, the other is asset-backed financing of $154 million.

Mortgage Rates Increase for Third Consecutive Week

USA Real Estate News-RISMedia - Thu, 2024-10-17 11:55

Economists may see the ongoing steady job growth and strength of the economy as the backdrop for the recent, sharp reversal in mortgage rate decreases, but data shows homebuyers are holding out for lower rates just the same. The 30-year-fixed-rate mortgage averaged 6.44% this week, up from last week’s average of 6.32% and marked the…

The post Mortgage Rates Increase for Third Consecutive Week appeared first on RISMedia.

Century 21 Expands in Las Vegas Affiliation of 1st Priority Realty

USA Real Estate News-RISMedia - Thu, 2024-10-17 11:52

The CENTURY 21® Brand has announced it is expanding its presence in the Las Vegas metro area with the affiliation of 1st Priority Realty. The firm was originally established in 2004 and is now led by current broker Duc Lu, Century 21 stated. Lu’s ties to Asian Real Estate Association of America (AREAA) along with…

The post Century 21 Expands in Las Vegas Affiliation of 1st Priority Realty appeared first on RISMedia.

Secret Service agent sold homes to subordinates — they got promoted

USA Real Estate News-Inman - Thu, 2024-10-17 11:37
Alfonso M. Dyson moonlighted as a real estate agent in Annapolis, Maryland, while he was second-in-command of the Secret Service's uniformed division. After he was promoted to chief, his subordinates who had done real estate business with him were also promoted.

Broker Spotlight: Gretchen Coley, Compass North Carolina

USA Real Estate News-Inman - Thu, 2024-10-17 11:20
Find out how this Raleigh, North Carolina, broker leans on relationships and mentoring to differentiate her service and create genuine connections.

Growing Through the Times: Tried-and-True Strategies to Expand Your Footprint

USA Real Estate News-RISMedia - Thu, 2024-10-17 11:12

Above, from left: Victor Lund, Debra Beagle, Chris Raveis, Rick Haase, Amy Lessinger, Jason Waugh, Mark McLaughlin. Photo by AJ Canaria.  As the market rebounds, new opportunities for growth are emerging—and savvy brokers are doubling down to lead the charge when it comes to shifting their strategies toward company expansion in order to grow their…

The post Growing Through the Times: Tried-and-True Strategies to Expand Your Footprint appeared first on RISMedia.

‘Maniacal focus:’ How Christie’s Real Estate thrives amid change

USA Real Estate News-Inman - Thu, 2024-10-17 11:07
CEO Thad Wong, Natalie Hamrick and Kevin Van Eck spoke to Inman about Christie's strategy in 2025, as well as their take on industry practice changes and the future of Clear Cooperation.

Builders shift to townhomes and condos to tackle housing shortage

USA Real Estate News-Inman - Thu, 2024-10-17 11:04
This shift in strategy reflects a growing need for more affordable and space-efficient housing options amid rising costs and limited land availability, according to a new analysis from Zillow released Thursday.
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