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Fed Makes Aggressive Interest Rate Cut

USA Real Estate News-RISMedia - Wed, 2024-09-18 15:56

The Federal Reserve (Fed) has turned expectations into a reality, making its first interest rate cuts since the start of the pandemic.  Against the backdrop of a cooling job market and cooling inflation, all Fed officials opted to lower the federal funds rates by half a percentage point—50 basis points—to 4.75% to 5%, making a…

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Buyer commission suit against Hanna adds new, familiar plaintiffs

USA Real Estate News-Inman - Wed, 2024-09-18 15:28
There are now more than two dozen named plaintiffs in an antitrust case against the parent company of Howard Hanna, several of them also plaintiffs in other buyer commission suits.

Fed begins rate-cutting campaign with reduction in federal funds rate

USA Real Estate News-Inman - Wed, 2024-09-18 14:41
Central bank policymakers drop short-term rates by 1/2 percentage point and signal more cuts ahead, but much of the impact may already be priced in to mortgage rates.

The top 35 agents in Hollywood today are still setting records

USA Real Estate News-Inman - Wed, 2024-09-18 14:28
LA's top luxury agents are continuing to sell at staggering heights despite a variety of market factors working against them, all while keeping their sometimes temperamental celebrity clients happy.

Thoughts on Leadership: Celebrations and Insights From a Week of Travel

USA Real Estate News-RISMedia - Wed, 2024-09-18 13:58

This week was a whirlwind of celebration, learning, and leadership as I journeyed from the electrifying atmosphere at Levi Stadium, where my San Francisco 49ers clinched a win against the New York Jets, to the inspirational gatherings with our real estate teams and industry leaders across California. The week kicked off under the bright lights…

The post Thoughts on Leadership: Celebrations and Insights From a Week of Travel appeared first on RISMedia.

Broker Spotlight: Putting People First

USA Real Estate News-RISMedia - Wed, 2024-09-18 13:45

Above: Robert Bray and Michelle Urlacher Robert Bray CEO Michelle Urlacher President Bray Real Estate, a member of Leading Real Estate Companies of the World® Grand Junction, Colorado https://www.brayandco.com   Region served: Mesa, Montrose, Garfield and Delta Counties Years in real estate: Robert: 51; Michelle: 20 Number of offices: 2 Number of agents: 63 What are…

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Name of the Game: 4 Things You Should Put Your Brand On, and 2 Things You Shouldn’t

USA Real Estate News-RISMedia - Wed, 2024-09-18 13:43

In real estate, branding is important. Name recognition, being “top of mind” and expanding your sphere are almost synonymous with success in the real estate business. At the same time, some agents take a “more is better” approach and seek to scrawl their logo, name, catchphrase or company on every billboard or knickknack they can…

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Stellar MLS Offers Direct Referral Network ‘MLS Match’

USA Real Estate News-RISMedia - Wed, 2024-09-18 13:29

Stellar MLS has partnered with leading global real estate technology supplier Immobel to offer MLS Match—a direct referral network/marketplace to Stellar MLS customers. MLS Match is a specialized, private referral network and platform designed to connect real estate agents and offices across different market areas to exchange leads and referrals, Stellar MLS stated. The user-friendly…

The post Stellar MLS Offers Direct Referral Network ‘MLS Match’ appeared first on RISMedia.

eXp Realty To Host Groundbreaking Hackathon

USA Real Estate News-RISMedia - Wed, 2024-09-18 13:17

eXp Realty® has announced the inaugural eXpcon Hackathon, using OpenAI’s technology, will take place Saturday, Oct. 26 in Miami Beach, Florida.  The eXpcon Hackathon is designed to bring together leading minds in real estate technology, development and innovation, the brokerage stated. This event will serve as a dynamic platform for developers, tech partners, and innovators…

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UWM and Rate join the $802K conforming loan limit party

USA Real Estate News-Inman - Wed, 2024-09-18 13:07
With prices rising, it's becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA's official announcement.

Housing Starts Jump, Single-Family Construction Surges in the Northeast

USA Real Estate News-RISMedia - Wed, 2024-09-18 11:46

Housing starts experienced an eye-catching increase in August, per the latest findings from the U.S. Census Bureau, 9.6% higher overall compared to last month, with single-family constructions up a sharp 15.8%.  Privately-owned housing starts were at an annualized rate of 1.36 million during the month, while units authorized by building permits were at 1.48 million. …

The post Housing Starts Jump, Single-Family Construction Surges in the Northeast appeared first on RISMedia.

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