RISMedia » Real Estate News

    August Existing-Home Sales Lose Steam
    As cash investors pull away from the housing market, August’s existing home sales also slipped, according to the National Association of REALTORS®. This decline follows four consecutive months of impressive gains. Sales increases in the Northeast and Midwest were outweighed by declines in the South and West. Total existing-home sales, which are completed transactions that […]

    Agent Teams: A Winning Model (or Not)
    Real estate agent teams started over a decade ago, and they are stronger than ever. When done right, they can be a win-win-win for all parties. Clients are provided with immediate information, accessibility and service. Brokers see high-quality business growth. Agents are able to work in their areas of expertise, feel empowered by being part […]

    CEO Exchange Exclusive: Zillow CRO and Trulia COO Discuss Trulia Acquisition
    The future of Zillow and the acquisition of Trulia was a hot topic at RISMedia?s 2014 CEO Exchange last week, and attendees had a special opportunity to hear from executives from both companies during back-to-back events. First, during a Networking Luncheon, sponsored by Trulia, Paul Levine, COO of Trulia, assured conference attendees that real estate […]

    Home-Builder Confidence Hits Highest Mark since 2005
    Builders? sentiment jumped four points to 59, the highest level since November 2005, according to the September NAHB/Wells Fargo Housing Market Index. Many of the builders commented on the renewed interest by potential home buyers and higher traffic in their models and through their phone calls. Supporting those comments, all three components rose led by […]

    CEO Exchange Exclusive: Master Real Estate Marketers Reveal Their Winning Campaign Tactics
    With more options than ever for today?s homebuyers and sellers, appealing to a diverse clientele with a one-size-fits-all marketing plan just won?t cut it. On day two of RISMedia?s CEO Exchange, the industry?s master marketers revealed the campaigns they used to separate themselves from the pack. During Stand-out Strategies: Marketing Tactics That Deliver on Differentiation, brokers […]

    Final Push on 3 Percent Cap on Fees and Points
    In June, the House of Representatives passed H.R. 3211, ?The Mortgage Choice Act,? which addresses discrimination against affiliate businesses in the calculation of fees and points under the Qualified Mortgage (QM) safe harbor. H.R. 3211 and its Senate companion, S. 1577, are a bipartisan compromise that reduces discrimination against mortgage firms with affiliates in the […]

    Creating a Culture of Accountability: Gino Blefari, Incoming CEO for HSF Affiliates, Opens RISMedia?s CEO Exchange with Blueprint for Success
    The challenges of profitably operating a brokerage firm in today?s market are many, but key to doing so requires first and foremost the right leadership skills and accountability systems. This was the message delivered to 200 leading industry brokers and executives by Gino Blefari, incoming CEO for HSF Affiliates and former founder, President and CEO […]

    Social Security: Guarding Your Reputation Online
    As you may already know, September is REALTOR® Safety Month. But hopefully, safety is not something you think about only once a year. Whether at a showing, in the office, meeting a client, or online, you and your agents should always keep safety and security squarely in mind. Markets are on an upswing, which means […]

    HomeServices of America, Inc. Announces Settlement of Copyright-Infringement Lawsuit
    HomeServices of America, a Berkshire Hathaway affiliate, has announced the settlement of a copyright-infringement lawsuit against American Home Realty Network, Inc. (d/b/a NeighborCity). Since 2013, HomeServices of America and two of its subsidiaries, Preferred Carolinas Realty, Inc., and Edina Realty, Inc., have been engaged in litigation with American Home Realty Network, Inc., in North Carolina […]

    Interest Rates Little Changed on New Home Loans
    On August 28, the Federal Housing Finance Agency (FHFA) reported that, overall, mortgage interest rates were flat in July. To a large extent, the same was true for the subset of loans used to purchase new homes. Between June and July, the average contract interest rate on conventional mortgages for new homes ticked down, but […]

    Top 5 Ways to Grow Your Digital Brand
    When you Google real estate in your local market, is your business at the top of the search results? With 92 percent of potential buyers house hunting online, boosting your online marketing efforts is crucial for building a successful business. Here, Marki Lemons-Ryhal?social media expert and 2013 HomeFinder.com Agent Makeover Sweepstakes speaker?shares her tips for […]

    Improving Economy Slowly Brightens Outlook for Commercial Real Estate
    The strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, according to the National Association of REALTORS® quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, says after many false starts, the economy finally appears to […]

    U.S. Negative Equity Falls to 17 Percent
    One in six (17 percent) U.S. homeowners with mortgages ? or 8.7 million ? were still underwater on their mortgage in the second quarter of 2014, despite rising home values, according to the Zillow® Negative Equity Report. This is down from 18.8 percent in the first quarter of 2014, and down from 23.8 percent from […]

    Bank of America to Pay $16.65 Billion in Historic DOJ Settlement for Fraud Leading up to the Financial Crisis
    Financial giant Bank of America will pay $16.65 billion in a settlement following a federal probe into its mortgage practices in the years leading up to the 2008 financial crisis, the Department of Justice announced Thursday. In a press conference this morning, Attorney General Eric Holder said that the settlement to resolve federal and state […]

    Housing Starts Soar in July
    (MCT)?New home construction surged to an eight-month high in July, providing a lift to the broader economy. Housing starts jumped 15.7 percent from June to a seasonally adjusted annual rate of 1,093,000, the Commerce Department said Tuesday. Economists had expected a rate of 965,000, according to FactSet. The department also revised June’s rate of housing […]

    What Will Your .REALTOR Domain Name Be?
    NAR PULSE?On Oct. 23, you and your agents can finally claim your .REALTOR domain! Get ready by visiting www.about.REALTOR to access FAQs, videos, naming guidelines and other great resources. The first 500,000 members who register will receive a FREE .REALTOR domain for one year. Watch this brief video to learn more about registering your .REALTOR […]

    .REALTOR Top-Level Domain Sign-up Launches in October to Full NAR Membership
    The National Association of Realtors®? new .REALTOR top-level domain will be available Oct. 23, 2014 to members of NAR and the Canadian Real Estate Association. Those who participated in last year?s pre-sign-up opportunity?some 80,000 REALTORS®, according to NAR?will be able to register their .REALTOR domain on to-be-announced dates prior to the Oct. 23 membership-wide launch. […]

    Home-Price Gains Decelerate in Many Metro Areas during Second Quarter
    Home-price growth continued to moderate in many metropolitan areas in the second quarter and national year-over-year price appreciation is now at its slowest pace since 2012, according to the latest quarterly report by the National Association of REALTORS®. The median existing single-family home price increased in 71 percent of measured markets, with 122 out of […]

    Scaling Mountains, Succeeding in Business: Rick Davidson Shares Secrets for Both
    There are plenty of ways to give back ? from food drives all the way to climbing volcanoes. Rick Davidson, president & CEO, Century 21 Real Estate, is gearing up to make use of his leadership skills as he spearheads a five-man trek up Mt. Elbrus in Russia, one of the Seven Summits. This will […]

    Own a Niche to Get Rich
    If you haven?t already heard the above phrase, now is a good time to burn it into your brain. As a successful real estate broker who made the transition from the broker side of the business to the affiliate side, I have gained a unique perspective as to what really helps agents do more business, […]