7 Home Maintenance Tips to Tackle This Fall
Fall is just about here, and it’s a great time for homeowners to tackle home maintenance items in and around the house. Doing these tasks will help protect their investment, too! 1. Caulk and seal around exterior door and window frames. Look for gaps where pipes or wiring enter the home and seal those as […]
New ERA® Real Estate Affiliate Adds 400 Agents to the Network
ERA® Real Estate, recently announced that RSVP Real Estate, based in Bellevue, Washington, has affiliated with the ERA® brand. The firm will now be known as RSVP Real Estate ERA Powered and immediately becomes one of the largest companies in the ERA system with over $1 billion in sales volume in the last 12 months, according to the company. […]
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Regional Spotlight: California Housing Market Demand Softening
Demand in the California housing market tempered for the fourth consecutive month in August as home sales returned to pre-crisis levels, but the statewide median home price set another record high, the California Association of REALTORS® (C.A.R.) said. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of […]
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Affordable Housing Is Expanding: What to Know About It
Affordable or subsidized housing has been, and will remain, a complex and emotional issue, steeped in history, economics, race and politics. Many people worry about crime, crowding or other problems allegedly created by these projects. Though experts largely agree that an ongoing lack of affordable housing has created a crisis and there will need to […]
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Today’s Real Estate Brokerage: NAR Breaks Down Models and Outlooks
Brokerages vary in size, leadership style, business model, tech offerings and more. To get an idea of how real estate brokerages are doing business, we take a look at the National Association of REALTORS’® (NAR) new “2021 Profile of Real Estate Firms.” “Most REALTORS® are small businesses and work closely with small-business clients in their […]
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Housing Market Falls Into Seasonal Trends, But Second Wind Could Be Looming
We’re seeing more balance in the housing markets, but a second wind could be ahead, according to the latest data from realtor.com®’s Weekly Housing Trends Report. Key findings: – Median listing prices increased 9.7% YoY during the week ended Sept.11. – New listings increased 2.0% after last week’s dip. – Total active inventory was just […]
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Another Week of Flat Rates, Says Freddie Mac
According to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®), the 30-year fixed mortgage rate averaged 2.86% for the week ending Sept. 16. Mortgage details: – 30-year fixed-rate mortgage averaged 2.86% with an average 0.7 point for the week, down slightly from last week when it averaged 2.88%. Last year, the 30-year FRM averaged 2.87%. – 15-year […]
HUD Tackling Youth Homelessness With $142M in Awarded Funds
The U.S. Department of Housing and Urban Development (HUD) is awarding $142 million to build systems to end youth homelessness in 33 local communities, including 11 rural communities. HUD’s “Youth Homelessness Demonstration Program” (YHDP) will support a wide range of housing programs including rapid rehousing, permanent supportive housing, transitional housing and host homes. “The COVID-19 pandemic has exacerbated […]
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Hispanic Heritage Month: Highlighting Pathways to the American Dream
Hispanic Heritage Month, first proclaimed by President George H.W. Bush on Sept. 14, 1989, is celebrated annually from mid-September to mid-October. Here, RISMedia interviews several notable professionals advocating for closing the diversity homeownership gap and introducing solutions to some of the challenges the Hispanic community faces within the housing market. “It’s an ideal time for real […]
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How to Break Into Luxury Real Estate By Selling Just Below the Upper Tier
When you’re first learning how to work with wealthy clients, selling luxury real estate can be intimidating. You might find yourself wondering how you’ll win your first listing, what to say if anyone asks whether you’ve sold at a certain price point you have no experience in, or wondering how to compete with other professionals […]
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