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Mistake halts California warehouse project — after demolition of homes

USA Real Estate News-Inman - Wed, 2024-09-25 19:31
More than 100 homes have already been razed to make room for shipping warehouses. But a judge last week ruled that the county violated environmental regulations when it approved the project.

Homebuyer demand hardly budged as mortgage rates hit 2024 lows

USA Real Estate News-Inman - Wed, 2024-09-25 16:53
While many homeowners rushed to refinance, affordability is keeping a damper on sales. Now mortgage rates are climbing again, with investors having already priced in last week's Fed rate cut.

MV Realty loses Colorado license in latest setback over contracts

USA Real Estate News-Inman - Wed, 2024-09-25 16:30
The Colorado Division of Real Estate announced the move Monday, days after the beleaguered brokerage suffered a legal blow in California over 40-year contracts described as "predatory."

LGBTQ+ Real Estate Alliance reveals 2024 top producers

USA Real Estate News-Inman - Wed, 2024-09-25 15:40
Christa Huffstickler, the EZ Referral Network at Keller Williams Citywide and PorchLight Realty Group have topped the Alliance's LGBTQ+ Real Estate Top Producers list for sales volume and transaction sides completed in 2023.

Thoughts on Leadership: Scorekeeping for Success

USA Real Estate News-RISMedia - Wed, 2024-09-25 14:45

The week continued as I attended my usual early Tuesday meetings: the Berkshire Hathaway Energy Weekly Executive Team Meeting followed by the HomeServices of America 2025 Plan Review. The afternoon was dedicated to our HomeServices of America monthly leadership virtual meeting, which was particularly enlightening. Maria Kazakos, Senior Vice President of Sales at Berkshire Hathaway…

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ERA® Affiliated Brokerage Expands Presence In Metro Detroit With GAP Realty Merger

USA Real Estate News-RISMedia - Wed, 2024-09-25 14:32

ERA Prime Real Estate Group has announced the company has acquired GAP Realty Group in Southgate, Michigan. The combined operation is now doing business as ERA Prime Real Estate Group. The move creates a service area in markets serving the Greater Detroit Metro region, increasing ERA Prime Real Estate Group’s service area and market share…

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Open Letter to the Real Estate Industry: Reclaiming Our Professional Identity

USA Real Estate News-RISMedia - Wed, 2024-09-25 14:13

Above, Darryl Davis  Editor’s Note: The following is an open letter to the real estate industry from Real Estate Coach Darryl Davis. Dear Real Estate Professionals, In recent years, the real estate industry has been under attack. From lawsuits and government scrutiny to public misconceptions, our profession has faced challenges that have eroded the trust…

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Leading the Way in Real Estate Innovation and Empowerment

USA Real Estate News-RISMedia - Wed, 2024-09-25 14:04

As NextHome celebrates 10 years in franchising, the company is accelerating its commitment to leading the way forward through the latest industry changes, without losing sight of the humans who buy and sell houses. At the core of the company is the Humans Over Houses® movement. This idea emphasizes that real estate should revolve around…

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Refinancing Accounts for Lion’s Share of Mortgage Applications as Activity Hits 2-Year High

USA Real Estate News-RISMedia - Wed, 2024-09-25 12:25

Home purchase application activity continued to increase this week in the wake of the Fed’s milestone 50-basis point rate cut last week.  The latest Weekly Applications Survey the Mortgage Bankers Association’s (MBA)  for the week ending September 20, 2024 shows mortgage applications increasing 11.0% from one week earlier, to a 2-year high and their fifth…

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More and more homes are languishing on the market

USA Real Estate News-Inman - Wed, 2024-09-25 11:55
In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales.

16 incentives that may help sellers move their homes this fall

USA Real Estate News-Inman - Wed, 2024-09-25 11:46
If you have listings left over from the slow spring and summer selling season, today's lower interest rates may offer a boost. Carl Medford shares strategies to help get those homes sold as autumn arrives.

Jack Nicholson’s former Aspen home has sold for $59.75M

USA Real Estate News-Inman - Wed, 2024-09-25 11:34
The residence, known as the Newberry or Shaw House, is a local landmark dating back to the 1890s, built during the height of Aspen’s booming mining era, according to the National Register of Historic Places.

Reliance Partners With HomeStack to Offer Custom Real Estate App for Customers

USA Real Estate News-RISMedia - Wed, 2024-09-25 11:22

Real estate technology firm Reliance has announced a recent partnership with HomeStack, a company that specializes in building white-labeled mobile real estate solutions, to build a custom app solution for its client base. Through this strategic integration, the company says the partnership will help real estate brokerages, agents and teams be at the forefront of…

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New-Home Sales Down Slightly in August

USA Real Estate News-RISMedia - Wed, 2024-09-25 11:18

The latest data from the U.S. Census Bureau found that, in August, 716,000 new single-family homes were sold—at the median sales price of $420,600. The new-home sales figure in August was also a noticeable annual increase from the August 2023 results, when 652,000 new homes were sold. These results also represent a slight drop from…

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