Monthly Archives: March 2023

Monthly homebuyer payments just hit all-time high as spring arrives

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The typical monthly payment rose to $2,563 this week despite home prices that were down 1 percent, according to data on Friday. That’s the highest monthly payment on record, up 29 percent from last year. Continue reading →

Luxury home purchases hit record low as buyers eye other investments

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Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say. Continue reading →

Latest jobs numbers take pressure off wages — and mortgage rates

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The real estate industry got two kernels of good news in the latest jobs numbers from the U.S. Bureau of Labor Statistics. Continue reading →

The Nassimi Group hitches its wagon to Douglas Elliman

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Formerly an independent brokerage, The Nassimi Group has relinquished its indie status to become a 10-person team under Douglas Elliman. In 2022, Richard Nassimi closed roughly $80 million in sales volume. Continue reading →

Agents sue largest Coldwell Banker franchise over commission ‘scheme’

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Coldwell Banker Seacoast Advantage allegedly pocketed commission fees it told its agents were going to the franchisor. The brokerage says the allegations are “a complete fabrication.”
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Symba has the cheat codes for managing agent finances: Tech Review

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Symba is fintech-light layered over a deal tracker, spliced with back-office accounting. It’s a superb tool for anyone new or growing in the business and a solid accessory solution for those already comfortable managing their numbers. Continue reading →

What the top brokerages’ color choices say about them (and how to choose your personal branding)

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Color can make a difference in everything from how you feel to how you’re perceived. Find out how to use it more effectively in your branding and marketing. Continue reading →