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State of the Market: Brokers Prepare for ‘Second Wave’

USA Real Estate News-RISMedia - Tue, 2021-08-03 14:03

This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses the state of the market and how brokers are preparing for another boost in activity this fall.

Moderator:
Cindy Ariosa, Senior Vice President, Regional Manager, Long & Foster Real Estate, Chantilly, Virginia, Special Liaison for Large Firm and Industry Relations, NAR

 

Dottie Herman Steps Down as CEO of Douglas Elliman

USA Real Estate News-RISMedia - Tue, 2021-08-03 14:03

New York and the surrounding areas have experienced a shift in executive leadership for a prominent brokerage brand, Douglas Elliman. Dottie Herman stepped down as CEO of the company, with Scott Durkin, the brokerage’s president and chief marketing officer, taking on the role effective immediately.

June Home Values Reach 40-Year High

USA Real Estate News-RISMedia - Tue, 2021-08-03 14:02

While price growth is beginning to slow down as we enter the end of summer, June home values reached record levels, even hitting a 40-year high, according to the latest CoreLogic Home Price Index report.

The findings:

– U.S. home prices increased 17.2% YoY in June 2021.

– Month-over-month, home prices increased by 2.3% compared to May 2021.

Forbearance Rates Mark Slight Decrease, But Improvement Still Needed

USA Real Estate News-RISMedia - Tue, 2021-08-03 14:01

Forbearance rates decreased by 1 basis point to 3.47% as of July 25, 2021, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey. The MBA estimates 1.74 million homeowners are currently in forbearance plans.

In another strong quarter, Keller Williams sees transactions jump 35% over last year

USA Real Estate News-Inman - Tue, 2021-08-03 14:00
The company's global agent count increased 9.6 percent year over year as rumors continue to swirl about whether the company will go public this year. Here’s everything you need to know.

How to ensure your listing finds love online

USA Real Estate News-Inman - Tue, 2021-08-03 11:27
If you’re listing homes, now is the time to take a cue from dating apps — you’ve only got about 7 seconds to reel in a prospect, so you better put your best foot forward. Here’s how to maximize your listing’s potential and capture more online views.
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