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Pending Home Sales Jump in September, but Near Future Unsure

USA Real Estate News-RISMedia - Wed, 2024-10-30 11:21

Pending home sales have grown for the second consecutive month—leaping 7.4% and reaching the highest level seen since March—due to lower mortgage rates and rising inventory. The rise, however, may be short lived, according to some economists. NAR’s September Pending Home Sales Index jumped to 75.8, following August’s minor rise of 0.6% and nearing March’s…

The post Pending Home Sales Jump in September, but Near Future Unsure appeared first on RISMedia.

U.S. Economy in ‘Much Better Place Than Anybody Expected,’ but There Are Some Risks

USA Real Estate News-RISMedia - Wed, 2024-10-30 11:17

DENVER, Colo.—Doom-and-gloom headlines about the U.S. economy have been everywhere. But compared to the rest of the world, the U.S. is exceeding expectations as other global superpowers struggle to find their economic footing, renowned economist Mohamed El-Erian said Monday at the Mortgage Bankers Association Annual Conference & Expo in Denver. El-Erian, president of Queens’ College…

The post U.S. Economy in ‘Much Better Place Than Anybody Expected,’ but There Are Some Risks appeared first on RISMedia.

World Series of Luxury: Final 4 Dodger, Yankee luxury homes left

USA Real Estate News-Inman - Wed, 2024-10-30 11:11
The MLB players' luxe homes in Hawaii, Rancho Cucamonga, Manhattan and Malibu battle for a place in Inman's luxury finals.

EXp Realty updates agent revenue share model amid recruitment bid

USA Real Estate News-Inman - Wed, 2024-10-30 11:03
Starting Nov. 1, eXp agents will have access to new revenue streams, especially those who reach the virtual brokerage's ICON status, eXp World Holdings CEO Glenn Sanford said at eXpcon Miami.

Mortgage Applications Flat After Rates Hit 4-Month High

USA Real Estate News-RISMedia - Wed, 2024-10-30 10:45

Mortgage applications were essentially flat this week, decreasing only slightly, yet still reflecting buyer reservations, economists say, with rates hitting a four-month high and market volatility related to the election and the upcomingFed meeting.  According to the latest Weekly Applications Survey from the Mortgage Bankers Association, purchase applications fell for the fifth-straight week, down 0.1%…

The post Mortgage Applications Flat After Rates Hit 4-Month High appeared first on RISMedia.

Agent to the stars Tomer Fridman quietly leaves Compass

USA Real Estate News-Inman - Wed, 2024-10-30 10:41
Fridman had been affiliated with Compass since 2017 and was a top producer at the firm. His departure was reportedly announced internally at the end of last week by Regional Vice President Parker Beatty.

Renewed buyer activity boosts pending home sales 7.6%

USA Real Estate News-Inman - Wed, 2024-10-30 10:09
Easing mortgage rates and increased inventory in September undercut buyer anxiety from the previous months, leading to a 7.6 percent month over month increase in contract signings.

Plugging Into JMG: Your Accelerator for Business Growth

USA Real Estate News-RISMedia - Wed, 2024-10-30 09:56

The Jason Mitchell Group (JMG), America’s #1 real estate referral brokerage, is opening the doors to team leaders and broker-owners who are ready to take their business to the next level. By partnering with JMG, brokerages gain access to a robust system designed to fuel growth through consistent high-quality referrals, exclusive partner relationships, and nationwide…

The post Plugging Into JMG: Your Accelerator for Business Growth appeared first on RISMedia.

Pacific Sotheby’s International Realty now powered by Rechat

USA Real Estate News-Inman - Wed, 2024-10-30 08:53
Rechat markets itself as an "experience management platform" for its library of tools that assist agents from lead initiation through deal completion — the entire transaction experience.

Real estate and tech vets launch women-led coaching platform

USA Real Estate News-Inman - Wed, 2024-10-30 08:00
Former Compass Regional President Danielle Wilkie and long-time coach Heather Frick have launched The Helm coaching platform to elevate women in real estate.
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