Home Price Gains Contract Slightly in April
As the housing market shifted under the weight of elevated mortgage rates and inflation in April, the most recent S&P CoreLogic/Case-Shiller Indices show that price growth for single-family homes in the U.S. experienced a mild deceleration. The organization revealed that home prices climbed 20.4% YoY in April, slightly down from March’s 20.6%. All 20 cities…
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New Study Ranks the Most Competitive Rental Markets in 2022
A large influx of newcomers seeking warm weather and looser restrictions during the pandemic, topped off by a wave of remote workers, has turned Florida into the most sought-after region by renters in 2022, according to a new study by RentCafe. Specifically, they report that Miami-Dade County is now the hottest rental market in the…
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RE/MAX Expands in Southern California With New Brokerage Affiliation
RE/MAX has announced that Broker/Owner Sal Montoya has affiliated his company Anela Realty with the franchise and will now operate as RE/MAX Anela Realty, serving buyers and sellers throughout Orange and Riverside Counties in California. “I was once an agent under RE/MAX and always wanted to return as a broker/owner. The opportunity finally presented itself…
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eXp World Holdings Expands Its Metaverse Offerings
eXp World Holdings, Inc. has released several new updates to its portfolio of metaverse offerings, which includes Virbela® and Frame™. The company is building an ecosystem of immersive technologies and virtual worlds that aim to redefine the modern workplace, eXp said. “As we head into shifting markets, we anticipate companies will be even more mindful…
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Track, Measure, Persist: Navigating Uncertain Markets With Certainty
All real estate professionals have dreamt of the same ideal: that someday, somewhere, there will be a perfect market—a real estate Lake Wobegon where things carry on pretty much as they always have, where all the leads are strong, all the houses are good-looking, and all the prices are above average. We like to indulge…
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Secrets to Getting More Inventory Fast
When there’s low inventory, the consequences affect the entire marketplace. It disrupts buyer and seller confidence, and creates quite the challenge when helping clients find housing. But what if you could list more inventory right now? When a roadblock like this appears, it’s time to get creative. When interviewing top-producing agents recently, profitable and productive…
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Home Price Growth Holds Steady for the 3rd Straight Week
The inventory recovery continued to make strides this past week, while year-over-year home-price growth held stable for the third straight week, according to the latest Weekly Housing Trends View for the week ending June 18, released from realtor.com® this past week. Key findings from the report: The median listing price grew by 16.9% over last…
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JPAR® – Real Estate Announces Details of Real Estate Professional Summit
JPAR® – Real Estate has announced details of its stable growth and profitability summit. The event is focused on providing agents with highly valued tools and resources to confidently navigate the real estate market over the next 12 months. Tom Ferry showcased, “The Shifting Market Playbook,” event and spoke to over 1,000 JPAR® – Real…
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Jonathan Jossen Joins The Corcoran Group
The Corcoran Group has announced that Jonathan Jossen will be joining their New York City-based firm. Jossen will operate out of the firm’s Park Avenue South office, led by senior managing directors Brian Ullman and Alex Cho. “We are so pleased to welcome Jonathan to Corcoran,” said Ullman. “He’s already accomplished so much in his…
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Pending Home Sales See Modest Increase in May
As the 2022 housing market continues its transition from the frenzy of the past year, recent data from the National Association of REALTORS® (NAR) shows that contract signings, which have been on a downward trend since the start of the year, experienced a slight rebound in May. NAR’s Pending Home Sales Index (PHSI), a forward-looking…
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