New Research Highlights Finance Constraints on Housing Demand

An interesting new paper published by economists at the Federal Reserve Bank of New York demonstrates the important role downpayment and wealth constraints play in shaping housing demand, particularly for lower-income homebuyers. Using survey data, the authors (Andreas Fuster and Basit Zafar) employ a strategy to measure housing demand impacts that contrasts with the often-used, user-cost model […]

Your Budget: Rethink These Modern-Day ‘Necessities’

Compare your monthly expenses to those of your grandparents (maybe even your parents), and you’ll probably find that your expense list is quite a bit longer. Over the decades, more and more conveniences, habits, and gadgets have found their way into our everyday lives. And gradually we’ve accepted them as normal, even necessary. (For instance, […]

Stock of Residential AD&C Loans Up 17 Percent over Last Four Quarters

One factor holding back a stronger rebound in home construction has been the tight availability of acquisition, development and construction (AD&C) loans. However, the stock of residential AD&C loans outstanding has been on the rise, posting a 17 percent gain since the third quarter of 2013. According to data from the FDIC and NAHB analysis, the […]

Staying Ahead of the Burbank Market with Maximum Exposure and Up-to-Date, Accurate Listings

Brad Korb, broker/owner of The Brad Korb Real Estate Group in Burbank, Calif., uses Zillow to stay on top in his local market. As both a Zillow Premier Agent and a Zillow Pro for Brokers partner, Korb’s agents benefit from immense exposure in the Burbank area and up-to-date, accurate listings. In the following interview, Korb […]

Share of First-Time Buyers Falls to Lowest Point in 27 Years

Despite an improving job market and low interest rates, the share of first-time buyers fell to its lowest point in nearly three decades and is preventing a healthier housing market from reaching its full potential, according to an annual survey released recently by the National Association of REALTORS®. The survey additionally found that an overwhelming […]

Relocation: From ‘Once Was’ to ‘Now Is’

Kevin Kelleher, president and CEO of Cartus, addressed RISMedia’s Real Estate CEO Exchange in New York City on September 10, 2014. He has led Cartus throughout its growth and transformation from a predominantly U.S.-centric relocation firm into a global market leader in related HR and financial services. He spoke about corporate trends in employee mobility […]

Mortgage Rates Hit New 2014 Lows

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates hitting new lows for the year as 10-year bond yields briefly dipped below 2 percent. At 3.97 percent the average 30-year fixed rate is at its lowest level since the week of June 20, 2013 when it […]

6 Ways to Rock Your Real Estate Speaking Event

Whether you’re simply speaking at an open house, addressing your entire company or taking over a panel, below are six ways to really rock your public speaking—and don’t worry, I’m not going to tell you to picture anyone in their Underoos. First, create a speech map. Instead of (or in addition to) writing everything down […]

2014′s Unfinished Business

With the November mid-term elections around the corner, it is important to remember that there are still a number of issues that Congress has to address. While Congress will return for a lame duck session after the election, the issues they will debate remain unknown. Some key issues that impact the business of real estate […]

Move, NAR Execs: News Corp Acquisition will Create ‘Multiplier Effect’ for realtor.com®

Editor’s Note: Following the big news Tuesday that massive media empire News Corp acquired Move, Inc., RISMedia spoke with Steve Berkowitz, Move CEO, and Bob Goldberg, president and CEO of the Real Estate Information Network (RIN) and NAR senior vice president, Sales & Marketing, and Business Development for more details on what the deal means […]