Monthly Archives: May 2024
Zombie Foreclosures Shrink This Year, Posing Little Threat to Most American Neighborhoods
ATTOM’s latest second quarter 2024 Vacant Property and Zombie Foreclosure Report showed that there are nearly 1.3 million vacant residential properties in the U.S—the same as the first quarter of 2024. The report also indicated that 237,208 residential... Read More
June Cover Story: Partnering for Success
Above, Jason Mitchell Forget the traditional real estate agent model. The Jason Mitchell Group has built a different kind of brokerage with strategic referral partnerships at its center. In the process, JMG is scaling its growth, redefining the agent-c... Read More
Following Merger, Tampa Now Home to 6th-Largest REALTOR® Association in the U.S.
Two of the nation’s fast-growing REALTOR® associations have announced that their members voted and approved a unification that forms the third-largest local REALTOR® association in Florida, and the sixth-largest association in the nation. The Pinellas ... Read More
Mortgage Mix: Mortgage Rates Rise; CFPB Launches ‘Junk Fee’ Inquiry
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. –Mortgage rates ticked back up above 7% after weeks of declines, according to the latest data fr... Read More
Deciphering Portal Info and Traffic Patterns: What Means What, and to Whom?
When two competing corporations face off aggressively and publicly, it can often make for great theater, which is what’s happening in the residential real estate realm. Realtor.com® and Homes.com have taken to launching broadsides at each other as the ... Read More
Inflation Numbers Show Little Progress; Interest Rate Cuts May Have to Wait
The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a similar gain in March. It’s not a wholly positive sign for those hoping that the U.S. central bank will cut interest... Read More
Study: Only 4 States Are Affordable for Typical U.S. Household
It’s no question that affordability is stratified, and as such, housing markets tend to differentiate from state to state. According to a recent analysis by Clever Real Estate, the median household can only afford the typical home in four states:... Read More
Generating New Revenue: Strategies for Growing Your Business
While finding buyers and sellers who are ready to get off the sideline is the ultimate goal for real estate professionals who are looking to keep their pipeline full, there’s no shortage of strategies that can be employed to generate new revenue and gr... Read More
Bright MLS Unveils System Changes for the Post-NAR Settlement Industry
Beyond the policy changes required by the NAR settlement, Bright MLS has announced a set of system changes to ease subscriber use to help them navigate through the upcoming new normal. Similar to CRMLS’ newly announced system field changes referring to... Read More
One Day at a Time: Four Ways to Support Frustrated Buyers
It’s hard not to sympathize with the current plight of homebuyers—particularly the younger generation attempting to break into the market. Along with broader systemic pressures like stagnating wages and crippling student loan debt, young people t... Read More