Real Estate News

Massachusetts RE/MAX Brokerage Expands With Three New Offices

Above, from left, Heather Grant Murray, Jack Brown and Mandy Caruso RE/MAX Beacon of Essex County, Massachusetts has announced the brokerage has acquired three RE/MAX 360 offices, located in Marblehead, Beverly and Gloucester. More than 20 agents and staff members joined the RE/MAX Beacon company as part of the acquisition, which was finalized in early…

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Home Warranties a True Value-Add in Today’s Low-Inventory Environment

Above, Brad DeVries Like many of his colleagues and counterparts across the nation, Brad DeVries—president and CEO of HUFF Realty, Rector Hayden REALTORS® & Semonin REALTORS®, Berkshire Hathaway affiliates serving Kentucky, Indiana and Ohio—is laser-focused on successfully navigating a market defined by constricted inventory and high interest rates.  Continuing to emerge from a distressed economy,…

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Mortgage Applications Up for Third Straight Week

Thanks to the recent declines in average mortgage rates of late, mortgage application activity has seen a small but steady increase for the third-straight week. This week, applications are up 1.9% from last week’s slight uptick of 0.5%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week…

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VA Will Suspend, Work On Changing Rule That Bans Buyer Commission

The U.S. Department of Veterans Affairs (VA) plans to issue a circular before June 12 in the wake of the National Association of REALTORS®’ (NAR) historic settlement, with hopes to “bridge the gap” on the buyer commission prohibition between buyers agents and veterans. Department of Veterans Affairs Deputy Director for Policy Michelle C. Corridon announced…

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Spring Sales Down, But Million-Dollar Listings Boom

Existing-home sales receded in April, according to the National Association of REALTORS® (NAR) latest report, released May 22. All four major U.S. regions posted month-over-month declines. Year-over-year, sales decreased in the Northeast, Midwest and South but increased in the West. Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—slid 1.9% from March…

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National Rent Prices Drop Again; Southern Metros See Greatest Savings

In April, median rent prices dropped yet again nationwide, down 0.7% for most properties, with three major metros—namely, Austin, Texas; Las Vegas, Nevada; and San Francisco, California—seeing prices fall compared to each city’s individual peak, according to the latest Realtor.com® rental report. In contrast, rent in Indianapolis, Milwaukee and Minneapolis reached new highs. “In the…

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4 Types of Homes Unwanted by Most, But Not All, Buyers

With low inventory having hamstrung the residential real estate industry over the last year or so, some potentially problematic houses might gain traction with homebuyers. Agents would be wise to keep track of homes that many people would not be very interested in if the market were more normal. But, alas, it is not normal,…

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JPAR® Recognized as a Top Franchise for Diversity by Entrepreneur

JPAR® has been recognized as a 2024 Top Franchise for Diversity, Equity, and Inclusion by Entrepreneur. This accolade underscores the company’s commitment to promoting a culture of openness and an organization committed to mirroring the communities served among the network of franchisees, staff and agents. Entrepreneur’s ranking system for this award category is distinctive, relying…

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Thoughts on Leadership: The Power of Small Wins in Leadership

This week finds me once again in the familiar setting of my home office, where I began Monday with my usual WIG calls, continuing the tradition of starting my week focused and connected. These regular WIG calls, simple as they may seem, are much like the ‘small wins’ highlighted in leadership studies. Each call, a…

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Real Estate Webmasters Launches Parks Realty’s New Website

Real Estate Webmasters has announced the launch of the new Parks Realty website, www.parksathome.com. This state-of-the-art platform is designed to enhance the real estate experience for clients and agents in the Middle Tennessee area. Parks Realty, a locally owned company with over 49 years of experience, stated they are known for their commitment to client…

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