Blog
Down Payments Reach New Peak, Presenting Further Challenge for Buyers
According to research by realtor.com®, down payments on homes in the U.S. reached a new peak in Q3 2023. The average down payment is 14.7%, and the median down payment amount is $30,000. As the report notes, down payments have increased alongside high ... Read More
RISMedia’s 2023 Real Estate Rookie of the Year Stacy Cole: ‘No Such Thing as a Part-Time REALTOR®’
To outsiders, a real estate agent’s job seems pretty sweet. They’re almost always smiling, dressed well, driving nice cars and simply showing houses to people who want to buy one. What’s so hard about that? Stacy Cole admits she had that misguided mind... Read More
Appeals Court Leans Toward Allowing DOJ to Reopen NAR Antitrust Investigation
Today, a Washington, D.C., federal appeals court heard oral arguments from lawyers from the Department of Justice (DOJ) and the National Association of REALTORS® (NAR) regarding a shuttered antitrust investigation ahead of a decision that could potenti... Read More
Judge In Moehrl Case Refuses to Alter Schedule, Says Case Won’t Be ‘Influenced’ by Burnett
If there’s one thing Burnett vs. the National Association of REALTORS® (NAR) proved over and above the verdict, it’s that federal class action lawsuits move at a glacial pace, taking years and years to go from the original filing of a case to the appea... Read More
Mortgage Mix: Rates Fall, but Not Below 7%
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. As Freddie Mac notes, mortgage rates have continued to decline for five consecutive weeks. While the 30-year fi... Read More
The December Issue of Real Estate Magazine Is Now Live
The January issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at the five Latina powerhouse agents with Century 21 who are leading the charge for change in the ind... Read More
A Glimpse Into Grandeur
Photo Credit: Daniel Milstein for Sotheby’s International Realty Property Highlights: Location: Greenwich, Connecticut Sold For: $138.83 million Features: 13,519-square-foot main house with eight bedrooms and eight bathrooms. Added Appeal: 75-foo... Read More
Highly Directive and Highly Supportive Leadership Style Drives Agent Sales Success
As a broker or sales manager, your entire future sales revenue depends upon creating valuable relationships with each of your sales associates. When your agents rely on you for more than making sure the lights work at the office or that admin tasks are... Read More
Should You Buy a Home When Getting Separated?
The process of going through a divorce is undeniably challenging, with numerous emotional, legal and financial considerations. Amidst the upheaval, whether to buy a home can add another layer of complexity to an already intricate situation. You will se... Read More
Falling Inflation Could Lead to Fed Cutting Rates
The Personal Consumption Expenditures (PCE) index, maintained by the Bureau of Economic Analysis (BEA), tracks prices, consumer spending and fluctuations in them month to month. It is also the Federal Reserve’s preferred measure of inflation. If you wa... Read More