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RISMedia’s Newsmakers: Putting a Spotlight on the Agents of Change
Every industry has pioneers for a better way, and that is no different in real estate. From exploring new technology and resources to elevating industry standards, these “Trailblazers” are working hard to navigate complex challenges, identify opportunities and provide solutions to help move the industry forward. For the sixth year in a row, we are…
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Home Sales Plummeting Across Price Points, Regions
Builders and consumers are seemingly retreating in a “housing recession,” though some indicators remain positive.
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Leading Data Still Points to ‘Mild’ Recession
Non-profit economic think tank The Conference Board saw its Leading Economic Index (LEI) fall for the fifth month in July as recession risks remain a clear danger to the country heading into the fall. The LEI, which relies on a broad swath of big-picture macroeconomic metrics including manufacturing orders, housing permits and stock prices, fell…
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Mortgage Rates Revert from Last Week
The 30-year fixed-rate mortgage (FRM) changed course again this week, averaging 5.13%, down from 5.22%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac today. Key highlights: 30-year fixed-rate mortgage averaged 5.13% with an average 0.8 point as of August 18, 2022, down from last week when it averaged 5.22%. A…
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Mortgage Applications Change Course After 2 Weeks of Increases
After two weeks of increases, mortgage applications changed course this week, decreasing 2.3% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending August 12, 2022. Key findings: The Market Composite Index, a measure of mortgage loan application volume, decreased 2.3% on a…
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Leading Brown Harris Stevens team moves to Douglas Elliman
Jonathan Stein's team was ranked BHS's No. 1 Flatiron office real estate team in 2021, bringing in over $100 million in closed or pending contracts that year.
U.S. Home Sales Fell 5.9% in July Amid High Mortgage Rates - The New York Times
U.S. Home Sales Fell 5.9% in July Amid High Mortgage Rates The New York Times
Commercial real estate sales in D-FW far outpace other U.S. markets - The Dallas Morning News
Commercial real estate sales in D-FW far outpace other U.S. markets The Dallas Morning News
Top-producing LGBTQ+ Real Estate Alliance members earned $4.85B
The second annual Top Producers list honors 325 agents and team leaders who raked in $4.85 billion in 2021, alone, reflecting the growing influence of LGBTQ+ agents in the industry, the Alliance says.
A Guide to the Many Houses Mehmet Oz Forgot He Owns - New York Magazine
A Guide to the Many Houses Mehmet Oz Forgot He Owns New York Magazine
Existing home sales drop for 6th straight month: ‘Not a recession’
"Inventory remains tight and prices continue to rise nationally with nearly 40 percent of homes still commanding the full list price," said NAR's Chief Economist Lawrence Yun.
