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Tough love time? Here are 5 strategies for better agent results

USA Real Estate News-Inman - Thu, 2024-09-19 13:30
Loyalty bonds between agents and brokerages are fragile. How hard can you push without breaking? Wallace Real Estate’s Claudia Stallings has tough love tips for agents in today’s market.

Mortgage Rates Continue to Fall, Driving Activity for Purchases, Refinances

USA Real Estate News-RISMedia - Thu, 2024-09-19 13:06

More signs point to more favorable housing costs this week as average mortgage rates continued to fall, following an aggressive half a point cut to interest rates announced by the Federal Reserve on Wednesday.  The 30-year fixed-rate mortgage (FRM) averaged 6.09% this week, down from 6.20% last week, according to the latest Primary Mortgage Market…

The post Mortgage Rates Continue to Fall, Driving Activity for Purchases, Refinances appeared first on RISMedia.

Compass nabs high-profile NYC agent from Official

USA Real Estate News-Inman - Thu, 2024-09-19 13:02
Jared Schwadron operates in New York City, the Hamptons and Miami and is the latest get for Compass as it competes to build a roster of top agents in lean times.

Compass sees growth spurt in Arizona with addition of North & Co

USA Real Estate News-Inman - Thu, 2024-09-19 12:43
The addition brings upwards of 200 agents to Compass' ranks and gives the brokerage a strong position in the state's luxury market. Compass will also launch new offices in Chandler and Flagstaff in 2025.

New York Regional Single-Family Home Price Jumps 8.4% in August 2024

USA Real Estate News-RISMedia - Thu, 2024-09-19 12:31

New York’s OneKey® MLS reported significant trends in August 2024 reflecting a resilient housing market with higher-value transactions. The multiple listing service, which services Montauk to Manhattan and through the Hudson Valley to the Catskill Mountains, reported in August, the regional single-family closed median sale price was $725,000, marking an 8.4% year-over-year increase from $669,000…

The post New York Regional Single-Family Home Price Jumps 8.4% in August 2024 appeared first on RISMedia.

Katie Kossev: ‘Mass confusion’ common in the wake of NAR’s rules

USA Real Estate News-Inman - Thu, 2024-09-19 11:56
The managing broker of Texas at Side said that luxury buyers in particular seem to understand the value of compensating their real estate agents.

Harry Norman, REALTORS® Appoints Stan Baker as Vice President of Relocation and Business Development

USA Real Estate News-RISMedia - Thu, 2024-09-19 11:52

Harry Norman, REALTORS®—a member of Leading Real Estate Companies of the World®—has announced the appointment of Stan Baker as the new vice president of Relocation and Business Development. With over 30 years’ experience expanding business and operational efficiencies, Baker brings a wealth of knowledge and a proven track record of success to the Harry Norman,…

The post Harry Norman, REALTORS® Appoints Stan Baker as Vice President of Relocation and Business Development appeared first on RISMedia.

EXp Realty to host AI-powered Hackathon in Miami Beach

USA Real Estate News-Inman - Thu, 2024-09-19 11:48
The brokerage is set to host its inaugural Hackathon on Oct. 26. In addition to prizes, participants will have the chance to network with industry leaders.

Economic Index Falls for Sixth Straight Month

USA Real Estate News-RISMedia - Thu, 2024-09-19 11:27

The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, fell by 0.2% in August to 100.2, following a decline of 0.6% in July. Over the six-month period ending in August, the…

The post Economic Index Falls for Sixth Straight Month appeared first on RISMedia.

Existing-home sales continue to slide as buyers bide their time: NAR

USA Real Estate News-Inman - Thu, 2024-09-19 10:59
Existing-home sales fell 4.2 percent year over year to a seasonally adjusted rate of 3.86 million in August as buyers awaited the Fed's decision to cut rates, according to National Association of Realtors data

Existing-Home Sales Down; Fed Rate Cut Likely to Improve Market

USA Real Estate News-RISMedia - Thu, 2024-09-19 10:29

Existing-home sales fell in August, according to the National Association of REALTORS® (NAR). Three out of four major U.S. regions posted sales declines, while the Midwest registered no change. Year-over-year, sales slipped in three regions but remained stable in the Northeast. Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—descended 2.5% from…

The post Existing-Home Sales Down; Fed Rate Cut Likely to Improve Market appeared first on RISMedia.

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