Debt-Ceiling Deal Gains Traction as Disastrous Default Looms
To say that lawmakers are coming down to the wire with their debt-ceiling deal would be an obvious understatement, but at least folks can take some solace in the fact that an agreement to avert a catastrophic default is making progress. Lawmakers approved legislation that would suspend the federal government’s $31.4 trillion debt ceiling mere…
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THE PLAYBOOK: Winning Strategies for Database and CRM Utilization
Editor’s Note: The Playbook is an RISMedia bi-weekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve formulated. Tune in every other Thursday for another addition to the series. These days, with…
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Bright MLS Economist Looking Long at RISMedia’s CEO & Leadership Exchange
Above: Bright MLS Chief Economist Dr. Lisa Sturtevant In 2020, everything changed for real estate—truly, everything. From how and where agents operated, to where people wanted to live, conventional wisdom just didn’t apply anymore. Traditionally hot markets cooled while remote work and virus fears sent buyers fleeing for small towns. Long-simmering affordability and inventory issues…
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Are Corporate Megaplex Reversals Spilling Into Residential?
Of all the changes wrought by the pandemic, remote work seems to be the one with the most staying power. As both workers and companies discover that many jobs are easily accomplished from home, the need for office infrastructure—whether that is a second-floor cubicle on Main Street or a corporate megaplex outfitted with massage chairs…
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Mortgage Rates Jump to Highest Point Since November
The 30-year fixed-rate mortgage (FRM) averaged 6.79% this week, up from 6.57% last week. This is according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 6.79% as of June 1, 2023, up from last week when it averaged 6.57%. A year ago at…
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The June 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 LeadingRE celebrating their 60th anniversary by honoring their members and looking to the future, as well as a look at the Power Broker roundtable at the NAR legislative meetings, advice…
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Broker Strategies: Keeping Your Eye on the Prize
Tim Williams Broker/Owner CENTURY 21 803 Realty Lexington, South Carolina https://803realty.biz Region served: South Carolina, primarily the Central Midlands Years in real estate: 15 Number of offices: 2 Number of agents: 48 What do you like most about the region in which you work? We’re naturally slow-paced. Our trends tend to tick about five years…
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Window to the Law: The Benefits of Using a Buyer Representation Agreement
Editor’s Note: This is part of a monthly video series from the NATIONAL ASSOCIATION OF REALTORS® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily News. In the latest Window to the Law from NAR, learn how real estate professionals can…
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The Most Affordable Cities in 2023
In a market full of challenges over the last few years, home prices have been a strong thorn in the side of homebuyers. Since 2019 home prices have grown exponentially, from $313,000 in Q1 2019 to $436,800 in Q1 2023. While this hurdle looms over the housing market, where can homebuyers look to find affordable…
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Berkshire Hathaway HomeServices Declares June ‘Real Estate Planning Month’
Berkshire Hathaway HomeServices has announced June as real estate planning month. This new tradition is rooted in the ethos of real estate dreams deserve real estate plans, which the brand encourages all professionals in its network to subscribe to. Identifying a month to focus on planning will ensure Berkshire Hathaway HomeServices network Forever Agents℠ can…
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