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New inflation data gives mortgage rates room to keep coming down

USA Real Estate News-Inman - Fri, 2024-09-27 15:38
With inflation continuing to inch closer to the Fed's 2 percent goal in August, bond market investors are getting more confident that the central bank will continue to cut rates aggressively in November.

Sale of REcolorado to MAZL LLC Finalized

USA Real Estate News-RISMedia - Fri, 2024-09-27 14:57

REcolorado’s sale to Joseph E. Burks, president of Equity Title of Colorado and owner of MAZL LLC, has officially gone through as of today. MAZL LLC will be assuming control of the MLS. The sale was originally announced to be in the works in June, with Burks revealed to be the buyer in July. Burks…

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REcolorado sold to private buyer, cutting ties with Realtor orgs

USA Real Estate News-Inman - Fri, 2024-09-27 14:00
Joseph Burks bought the nation’s 16th-largest MLS on Friday, buying shares from Denver Metro Association of Realtors and South Metro Denver Realtors Association.

Sonar by Simplist blends AI to flatten mortgage operations

USA Real Estate News-Inman - Fri, 2024-09-27 13:33
The intent of Sonar is to create a vertical user experience to flatten the process for creating, working and delivering mortgage products.

Top 3 Overlooked Marketing Tactics Every Listing Agent Should Use

USA Real Estate News-RISMedia - Fri, 2024-09-27 13:29

Traditional marketing methods like generic ads, open houses and run-of-the-mill online listings are effective but often not enough to set you apart in an ever-changing and competitive real estate landscape.  Let’s explore three modern marketing strategies that can help you secure more listings in today’s real estate market. Live-hosted virtual tours Research shows that 97%…

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Leading Edge Real Estate Group Expands in Southern Middle Tennessee

USA Real Estate News-RISMedia - Fri, 2024-09-27 13:21

Leading Edge Real Estate Group completed a merger with Fayetteville, Tennessee-based Burt & Co. Southern Real Estate. The move follows Leading Edge’s 2022 strategic partnership with United Real Estate, 2023 merger with Revolved Realty, and 2024 merger with Matlock Realty Group.  The combined companies and 40 agents will operate as Leading Edge Real Estate Group…

The post Leading Edge Real Estate Group Expands in Southern Middle Tennessee appeared first on RISMedia.

How to Become the Top 1% and Grow in Your Marketplace

USA Real Estate News-RISMedia - Fri, 2024-09-27 13:02

Real estate is a challenging industry, as evidenced by the more than 70,000 agents who left the industry in 2023 according to the National Association of REALTORS®, with higher numbers expected for 2024. So, how do you rise to the Top 1% and grow in your marketplace? Here are some key strategies. Be authentic Authenticity…

The post How to Become the Top 1% and Grow in Your Marketplace appeared first on RISMedia.

BHGRE Expands in Mississippi With Affiliation of Veteran Owned Brokerage

USA Real Estate News-RISMedia - Fri, 2024-09-27 12:22

Better Homes and Gardens Real Estate Expect Realty located in D’Iberville, Mississippi, is the latest firm to join the real estate brand. The veteran-led brokerage has developed a reputation for its expertise in residential properties along the Mississippi Gulf Coast, as well as for its niche ability to assist military veterans who are purchasing property…

The post BHGRE Expands in Mississippi With Affiliation of Veteran Owned Brokerage appeared first on RISMedia.

Inflation Hits Lowest Level Since 2021

USA Real Estate News-RISMedia - Fri, 2024-09-27 12:02

According to the latest Personal Consumption Expenditures (PCE) Price Index (one of the economy’s key inflation gauges), prices increased 2.2% in August compared to the prior year. Minus more volatile prices such as food and energy, prices increased 2.7%. Month-over-month, there was only a 0.1% increase in the price index during August. July saw a…

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Consumer Sentiment Turns Positive as Inflation Slows

USA Real Estate News-RISMedia - Fri, 2024-09-27 11:57

With a recent interest rate decrease from the Fed and slowing inflation, consumers’ economic hopes saw a significant increase in September. Consumer sentiment rose 3.2% in September, from 67.9 in August to 70.1, according to the University of Michigan’s latest report. This is the second consecutive month of increase, following August’s rise of 1.5 points,…

The post Consumer Sentiment Turns Positive as Inflation Slows appeared first on RISMedia.

Mortgage Mix: United Mortgage Lawsuit Dismissed as Rates Reach New Low

USA Real Estate News-RISMedia - Fri, 2024-09-27 11:45

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. -A 2021 antitrust case against United Wholesale Mortgage (UWM) has been dismissed by a Florida federal court, as reported by National Mortgage Professional. The case had alleged that UWM and its CEO Mat Ishbia had…

The post Mortgage Mix: United Mortgage Lawsuit Dismissed as Rates Reach New Low appeared first on RISMedia.

Shining a Light on REALTOR® Safety

USA Real Estate News-RISMedia - Fri, 2024-09-27 11:37

REALTOR® Safety Month—observed every September—is a month-long campaign aimed at helping real estate professionals stay safe as they navigate situations on a daily basis that could ultimately put their safety at risk—from meeting prospective clients to showing properties in secluded or unfamiliar areas.  Underscoring the importance of keeping the conversation front and center year-round, the…

The post Shining a Light on REALTOR® Safety appeared first on RISMedia.

‘I’m back in it’: Reality star Kendra Wilkinson returns to real estate

USA Real Estate News-Inman - Fri, 2024-09-27 11:30
Douglas Elliman real estate agent and reality TV star Kendra Wilkinson has announced her return to real estate after taking a brief mental health break, "People" magazine reported on Friday.

Rental Prices Have Grown More Affordable in Most Major Metros: Report

USA Real Estate News-RISMedia - Fri, 2024-09-27 11:16

Affordability has increased across the board in most major metro markets, according to the latest data from Realtor.com®. In its most recent report, Realtor.com showed that nationally, the average rent fell; however, the long-term trend of elevated prices continues to hold fast, as the five-year average showed that rents have increased by 20.1%, according to…

The post Rental Prices Have Grown More Affordable in Most Major Metros: Report appeared first on RISMedia.

Clear Cooperation, paid leads, Serhant’s S.MPLE: Inman Top 5

USA Real Estate News-Inman - Fri, 2024-09-27 10:50
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
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