Existing-Home Sales: U.S. Foreign Investment Hits Decade’s Lowest Level
Foreign buyers purchased $54.4 billion worth of U.S. existing homes from April 2020 through March 2021, according to a new report from the National Association of REALTORS® (NAR). This is a 27% decrease YoY—the fourth consecutive annual decline. The data is based on NAR’s 2021 Profile of International Transactions in U.S. Residential Real Estate, which […]
The post Existing-Home Sales: U.S. Foreign Investment Hits Decade’s Lowest Level appeared first on RISMedia.
June Showings Slowed as Market Normalizes
June marked a monthly slowdown period for showings, according to the latest data from ShowingTime, a showing service recently acquired by Zillow. However, in the first few days a listing was put on the market, the service experienced a flurry of activity. According to the ShowingTime Showing Index®, 64 markets still averaged double-digit showings per […]
Tackling the Industry’s Weakness: Converting Leads Into Sales
Real Estate Webmasters offers brokers some of the best lead generation and SEO advice in real estate, and the company continues to raise the bar when it comes to helping its customers. “We’re almost 20 years in this business, 17 as Real Estate Webmasters, and we’re the largest custom agency in the world when it […]
The post Tackling the Industry’s Weakness: Converting Leads Into Sales appeared first on RISMedia.
White House Launches Coronavirus Mortgage Relief Programs
Homeowners financially impacted by the pandemic now have several new options for mortgage relief, helping them get current and allowing them to stay in their home, according to the White House. “Immediately upon taking office, President Biden prioritized the nation’s public health and economic crises by passing the American Rescue Plan,” said HUD Marcia L. […]
The post White House Launches Coronavirus Mortgage Relief Programs appeared first on RISMedia.
WalletHub: Sioux Falls Ranks as Best City for Renters
Rising rent prices have not made the alternative to buying very accessible. In fact, according to recent data, there is nowhere in the U.S. where a minimum-wage worker can afford a two-bedroom apartment at the fair market value. A new report from WalletHub, however, makes it easier to determine the most affordable cities for renters. […]
The post WalletHub: Sioux Falls Ranks as Best City for Renters appeared first on RISMedia.
Should You Get Rid of PMI?
You were likely able to snag a house with a lower down payment than the traditional 20% required, but that may have left you with private mortgage insurance (PMI). This type of insurance is designed to protect your mortgage lender in case you default on the loan. Typically, a homeowner who must purchase PMI is […]
‘Upzoning’ in My Backyard? California Bill Won’t Turbocharge Home Building, Study Says
(TNS)—A bill advancing through the California Legislature to allow for denser home building in single-family zones would be likely to produce an uptick in the state’s housing supply, but the so-called upzoning probably won’t cause mass redevelopment, according to a report published Wednesday. The study by the Terner Center for Housing Innovation at UC Berkeley […]
The post ‘Upzoning’ in My Backyard? California Bill Won’t Turbocharge Home Building, Study Says appeared first on RISMedia.
Realogy-Affiliated Agents Rank on AREAA A-List
Realogy recently reported that its affiliated agents are represented more often than any other real estate company on the latest Asian Real Estate Association of America’s (AREAA) A-list, an annual list of the top producing agents and teams among its more than 17,000 members. Year over year, Realogy agents have earned placement among the top […]
ERA Expands in California With CARLILE Affiliation
ERA® Real Estate recently announced the affiliation of ERA CARLILE Realty Group. Founded in 2005 the company is headquartered in Sacramento, California, and serves Arden-Arcade, Sacramento, Fair Oaks, Carmichael, Orangevale, Rancho Cordova, Elk Grove, Roseville, Rocklin and Lincoln, as well as other Northern California communities. With three offices and 40 affiliated sales associates, the firm […]
The post ERA Expands in California With CARLILE Affiliation appeared first on RISMedia.
Kinlin Grover and Sister Firms Join Compass
Above L to R: Jeffery Heighton, Regional President of Compass New England with Michael Schlott, President of the Randall Family of Companies (Kinlin Grover Compass, Randall Realtors Compass, Page Taft Compass). Kinlin Grover Real Estate President Michael Schlott recently announced that Kinlin Grover—along with its sister firms in Rhode Island and Connecticut: Randall REALTORS® and […]