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Strong Fannie, Freddie results set the stage for debate over their future

USA Real Estate News-Inman - Tue, 2021-08-03 15:58
Both companies benefited from rising home prices and a resurgence in refinancings prompted by falling mortgage rates, which have come down from 2021 peaks seen in March.

Emilio and Gloria Estefan sell Miami mansion for $35M

USA Real Estate News-Inman - Tue, 2021-08-03 15:08
Singer-producer duo Emilio and Gloria Estefan have sold their mansion on Miami's prized Star Island for $35 million.

How to grow your network

USA Real Estate News-Inman - Tue, 2021-08-03 14:15
It's important to maintain connections because your business often depends on the quality of those relationships. But here's why you shouldn't neglect strangers and acquaintances.

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.
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