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Brokerage Beat: Lyon rebrands to Windermere, Amerivest joins Real. The Sacramento firm will operate under the Windermere name; Amerivest, serving four states, brings 400 agents to Real; Corcoran franchise expands in Bahamas. Real Estate News Staff. November 9, 2024. MLS/Assn.
By the Numbers - RealEstateNews.com
New home sales may have hit a rates-related speed bump. August numbers were down nearly 5% from July, but came in better than a year ago and are still expected to outperform existing home sales in the coming months. Dave Gallagher. September 25, 2024. By the Numbers.
Housing Market Decoded: Why are home prices still rising?
Jul 17, 2024 · In many markets across the U.S., home prices have hit record highs this summer. Higher mortgage rates make buying a home more expensive. In July 2021, for example, when average rates were 2.88%, the typical monthly payment on a $400,000 home was about $2,000. At an interest rate of 7%, the monthly payment on a $400,000 home is now almost $3,000.
New home sales take off; market remains grounded overall
October 24, 2024. New home sales were up 6.3% compared to a year ago, a stark contrast to existing home sales, which have stalled out this fall. Mortgage rates are continuing to climb, however, which could slow momentum across the board. The 30-year fixed-rate mortgage averaged 6.54% this week, marking the fourth consecutive rise in the key rate.
What agents and brokers can — and can’t — do under new MLS …
Apr 13, 2024 · Agents and brokers cannot work a buyer without a contract that specifies how much the buyer agent may earn, and that agreement must be in place before the agent does any showings. They also cannot accept more compensation than what was spelled out in the original contract. Agents should also continue to speak with the broker or team lead when ...
Top 1000 Brokerages (Mega 1000) by Sales Volume
Highlights. Compass moved into the top spot with $254.2 billion in sales volume, surpassing Realogy Brokerage Group's (rebranded as Anywhere in June 2022) $243.9 billion. HomeServices of America ranks No. 3 with $198.7 billion in sales volume. Collectively, the sales volume of the nation's five largest residential brokerages rose by more than ...
Industry News - RealEstateNews.com
Oct 24, 2022 · New startup looks to level the playing field for coaches. The goal of The Helm, founded and advised by notable real estate leaders, is to help more women become coaches without sacrificing business success.
Trends 2024: Big brokerages are scooping up more deals
Jan 29, 2024 · Not only is an increasing share of sale volume concentrated among the largest brokerages, but the latest data shows that the biggest players also complete a growing share of transactions. The 1,000 largest brokerages accounted for 45.0 percent of all transactions in 2022, up from 36.3 percent in 2017. Moreover, the nation's 100 largest ...
Some good news for homebuyers: Listings are up
Sep 12, 2023 · Key points: The increase in new listings is welcome news for buyers, though overall inventory still remains low. The report noted that the 2023 market peaked around May and June, with more homes now seeing price cuts and fewer homes selling over ask.
Brokerage News - RealEstateNews.com
Brokerage Beat: News from ERA, Real, BHGRE. ERA Prime grows in Detroit; door-to-door experts join Real; Expect Realty affiliates with Better Homes and Gardens; a Leading Edge merger in Tennessee. Real Estate News Staff. September 28, 2024. Prev.