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 […]

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 […]

High Negative Equity among Gen X Homeowners Causing Housing Market Gridlock

Generation X homeowners are far more likely to be underwater on their mortgage than millennial and Baby Boomer homeowners, a generational block that could limit the market for years, according to the second quarter Zillow® Negative Equity Report. The overall national negative equity rate fell to 17 percent in the second quarter, with more than […]

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 […]