Pending home sales keep falling as market conditions ‘normalize’: NAR

Pending home sales dipped for the fifth-straight month in March, with the Pending Home Sales Index dropping 1.2 percent from February to 103.7, according to the National Association of Realtors. Continue reading

New home sales hit 4-month low

New home sales took an 8.6 percent hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new home, according to data released Tuesday from the U.S. Census Bureau Continue reading

How bad is it? 14 scenarios for what agents can and cannot let fall by the wayside

Sometimes it’s OK to let a few things fall off the to-do list to prioritize the things that absolutely need to get done — and to keep one’s mental health in check. But agents should be discerning in deciding what to let go of and what really can’t be p… Continue reading

Zillow changes tune on 2023 home values and sales. Here’s why

Zillow now expects home value growth to reach 14.9% through March 2023, down from its previous estimate of 16.5% growth. What’s with the downgrade? Continue reading

Foreclosures hit post-pandemic high during first quarter of 2022

U.S. foreclosure activity hit a new high not seen since the start of the COVID-19 pandemic, as foreclosures continue to rebound following the lapse of federal moratoriums, according to data from Attom. Continue reading

Industry leaders say teams will continue to be a force in brokerages

Panel moderator Kendall Bonner chatted with speakers Cindy Ariosa of Long and Foster and Gary Ashton of RE/MAX at ICNY on Wednesday about the kinds of teams supported in their brokerages and where they think teams are heading in the future. Continue reading

SERHANT., Luxury Presence offer course to help agents build websites

“The Ultimate Website Course for Real Estate Agents” will give agents access to tools and strategies to build and maintain a website that establishes their brand and helps generate and convert leads. Continue reading

Tami Bonnell and Bess Freedman on how to lead

The Exit Realty Corp. International Co-Chair and Brown Harris Stevens CEO add value, foster a great culture and take time for yourself in order to be a good leader. Continue reading

Existing-home sales drop for second month as buyer demand stalls

Total existing-home sales dropped by 2.7% from February 2022 and by 4.5% from March 2021 to a seasonally adjusted annual rate of 5.77 million, according to the National Association of Realtors. Continue reading

The Agency to launch Miami franchise led by Arana, Umansky

The office, which will be located in the Bal Harbour neighborhood, will mark the brokerage’s 34th franchise globally. Forty agents will operate out of The Agency Bal Harbour and will assist buyers and sellers across Miami, Palm Beach, Boca Raton, Fort … Continue reading