Tag Archives: Markets & Economy

‘You have to manufacture your own inventory’: RE/MAX CEO

By Veronika Bondarenko | June 22, 2021 - 7:21 pm |June 22, 2021 Uncategorized

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RE/MAX CEO Adam Contos talked to Inman about low inventory, commission splits and what agents need to be focusing on in 2021. Continue reading →

With foreclosures on horizon, RES.NET revamps REO portal

By Matt Carter | June 21, 2021 - 3:13 pm |June 21, 2021 Uncategorized

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With a potential surge in home foreclosures on the horizon, RES.NET, a technology platform provider for loan default management, says it’s revamped its real-estate owned portal to support growth and scalability. Continue reading →

Flips falter: Share of fixer-upper home sales drops as margins dip

By Daniel Houston | June 17, 2021 - 10:12 pm |June 17, 2021 Uncategorized

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Flipped properties fell to 2.7% of all sales in the first quarter of 2021, the lowest share seen in decades, according to a new report. Continue reading →

4 ways to create a winning customer experience

By Veronika Bondarenko | June 17, 2021 - 6:40 pm |June 17, 2021 Uncategorized

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Zillow’s Vice Racquel Russell offers four tips on having the best approach to customers while also setting sights on long-term growth. Continue reading →

Mortgage rates continue to ease despite inflation worries

By Matt Carter | June 17, 2021 - 6:17 pm |June 17, 2021 Uncategorized

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Markets concur with the view that inflation increases are temporary, according to a Freddie Mac economist. Continue reading →

Amid inventory crisis, median age of US housing stock is getting older

By Libertina Brandt | June 17, 2021 - 6:03 pm |June 17, 2021 Uncategorized

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In a pair of new studies released Wednesday, NAR and Harvard University are calling on the government to help ease the housing crisis. Continue reading →

RE/MAX CEO on why agents need a data-driven approach to sales

By Veronika Bondarenko | June 17, 2021 - 4:26 pm |June 17, 2021 Uncategorized

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RE/MAX CEO Adam Contos is betting on data and encouraging all real estate professionals to do the same for a competitive advantage. Continue reading →

7-bedroom home sets record for priciest San Francisco sale

By Daniel Houston | June 17, 2021 - 3:13 pm |June 17, 2021 Uncategorized

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The mansion sold for more than $43 million, a record price in San Francisco that exceeds the one it set three years earlier. Continue reading →

JPMorgan Chase commits $400M to affordable housing

By Daniel Houston | June 16, 2021 - 9:57 pm |June 16, 2021 Uncategorized

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The banking giant will provide low-cost loans, equity and grants for nonprofits and other groups that work with Black and Latino households on affordability issues. Continue reading →

Fed will keep buying mortgage bonds — for now

By Matt Carter | June 16, 2021 - 7:37 pm |June 16, 2021 Uncategorized

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Tapering could happen sooner rather than later, with most policymakers open to short-term rate hikes in 2023. Continue reading →