Headliners Week of 10/17 – 10/23
This Week's Video: RISMedia Managing Editor Paige Tepping delivers this week's Headliners, a video recap of the week's top stories in real estate. In focus this week:
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Rocket Pro TPO Announces Several New Tech Initiatives
Rocket Pro TPO, the division of Rocket Mortgage working exclusively with independent mortgage brokers, recently announced several innovations to help brokers grow, strengthen and protect their businesses. “We believe true leaders help brokers succeed. They view the world with a limitless mindset. The mortgage market is huge, the pie is nearly infinite and it’s our […]
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Realty ONE Group Expands in Eastern Canada
Realty ONE Group has sold the franchise rights to a team of real estate professionals who will bring the brand to Eastern Canada. Vicki Schmidt and Harrison Milborne, in Toronto, Ontario, Canada, have acquired the rights to begin franchising in Eastern Canada which spans from Ontario to Newfoundland and Labrador. Realty ONE Group already has five locations in Western Canada and is set to open […]
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Corcoran Global Living Expands in Ohio
Corcoran Global Living, an affiliate of The Corcoran Group, recently announced its expansion into Columbus, Ohio and surrounding areas in Central Ohio. “Our organization is founded upon making a difference in the communities we call home,” said Michael Mahon, CEO and founder of Corcoran Global Living, in a statement. “Corcoran Global Living holds the keys […]
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Advocates Urge Lawmakers to Protect Housing in Federal Bill
A broad coalition of housing advocates, including representatives from the National Association of REALTORS®, National Low Income Housing Coalition (NLIHC), Habitat for Humanity, Mortgage Bankers Association (MBA), National Association of Hispanic Real Estate Professionals (NAHREP) and the National Association of Home Builders (NAHB), joined lawmakers at a press conference on Wed., Oct. 20 to lobby […]
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Pandemic Recovery Is Not Flat: Several Metro Counties Still at Risk
While there’s been improvement on the whole since the pandemic came to light almost two years ago, the economy is still in the midst of recovery, with some areas currently at risk while others have mostly recovered. According to a new report from ATTOM, metro areas like Chicago, New York City and Philadelphia have clusters […]
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How a Personal Approach Helped BHGRE Agents Create More Business
How Supporting Agents Can Provide Boost Consumer Loyalty Rates Randy Coffman President Better Homes and Gardens Real Estate (BHGRE) Wine Country Group Sebastopol, California | www.winecountrygroup.com Region served: Sonoma, Napa, Mendocino and Lake Counties Years in real estate: 35 Number of offices: 11 Number of agents: 150 Motto/work philosophy that you live by: Always be better. […]
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Zillow’s Pivot Not a Sign of an iBuying Collapse
The innovative practice of iBuying, at least on the surface, seems like a tremendous shift—a new, growing force with the potential to rock the real estate industry in myriad ways. Pundits, observers and brokers have regularly shared predictions as to how much iBuyers could change the industry or disrupt markets, and analysts have scrambled to […]
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Existing-Home Sales Rebound in September
After seeing waning numbers in August, existing-home sales bumped up last month by 7% to a seasonally adjusted annual rate of 6.29 million, with each of the four major U.S. regions seeing month-over-month increases, according to the latest data from the National Association of REALTORS® (NAR). Year, over year, however, sales decreased 2.3%. Single-family home […]
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Mortgage Rates Still on the Rise, Forecast to Reach 3.4% by December
It’s been another week of increasing mortgage rates, with the average 30-year fixed-rate mortgage (FRM) coming in at 3.09%, according to the latest data from Freddie Mac. Mortgage details: 30-year fixed-rate mortgage averaged 3.09% with an average 0.7 point for the week ending Oct. 21, 2021, up from last week’s 3.05%. Last year, the 30-year […]
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