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Luxury Staging Trends and Tips for 2024

USA Real Estate News-RISMedia - Wed, 2024-03-20 14:03

We all know that luxury real estate trends ebb and flow based on numerous factors from the seasons to the state of the economy.  Equally, design preferences tend to fluctuate with some new fads occurring while other trends remain timeless. Today, design is all about individuality and creating experiences—gone are the days of formulaic interiors…

The post Luxury Staging Trends and Tips for 2024 appeared first on RISMedia.

Rising mortgage rates threaten to curtail spring homebuying

USA Real Estate News-Inman - Wed, 2024-03-20 13:51
After two consecutive weeks of rising demand, applications for purchase mortgages dropped by a seasonally adjusted 1 percent last week compared to the week before, and 14 percent from a year ago.

Cory Vasquez Promoted to Co-President of Realty ONE Group Ahead of Vinnie Tracey’s Retirement

USA Real Estate News-RISMedia - Wed, 2024-03-20 13:48

Above, Cory Vasquez, left, and Vinnie Tracey Realty ONE Group International announced several high-level promotions Monday, including the promotion of Cory Vasquez, who will maintain her role as the company’s Chief Marketing Officer while moving into a co-president role alongside industry icon Vinnie Tracey. Tracey will work with Vasquez in a direct mentorship training role…

The post Cory Vasquez Promoted to Co-President of Realty ONE Group Ahead of Vinnie Tracey’s Retirement appeared first on RISMedia.

What the Industry is Feeling and Saying About the NAR Settlement

USA Real Estate News-RISMedia - Wed, 2024-03-20 13:09

The real estate industry has been abuzz since NAR’s announcement of their settlement in their ongoing commission lawsuits last Friday. Conversations are spurning left and right about the decision: the terms, what they mean and how that will trickle down the industry. To break down the proposed settlement’s terms: buyer’s agent commissions will not be…

The post What the Industry is Feeling and Saying About the NAR Settlement appeared first on RISMedia.

Adapting to Emerging Trends

USA Real Estate News-RISMedia - Wed, 2024-03-20 12:18

Chris Raveis Co-President/President of Residential Sales William Raveis Real Estate, a member of Leading Real Estate Companies of the World® Shelton, Connecticut https://www.raveis.com Region served: Connecticut, Florida, Massachusetts, Maine, New Hampshire, New York, Rhode Island, South Carolina and Vermont Years in real estate: Since 1993 Number of offices: 150 Number of agents: 4,500-plus Best advice…

The post Adapting to Emerging Trends appeared first on RISMedia.

Biden Incorrectly Says NAR Sets Commissions, Banned Negotiations

USA Real Estate News-RISMedia - Wed, 2024-03-20 12:00

The lack of understanding around how real estate transactions work—and misunderstandings and misinformation regarding the recent National Association of REALTORS®’ (NAR) settlement agreement—goes all the way to the top. In a campaign event yesterday, President Joe Biden, while speaking on housing affordability, incorrectly stated to thousands of people that “NAR agreed for the first time…

The post Biden Incorrectly Says NAR Sets Commissions, Banned Negotiations appeared first on RISMedia.

RESAAS ‘coming soon’ listings can now be found on Zillow

USA Real Estate News-Inman - Wed, 2024-03-20 11:53
Customers of real estate software company RESAAS can now opt in to having listings published as “coming soon” on industry-leading search portal Zillow.

After the NAR settlement, 5 keys to buyer relationship marketing

USA Real Estate News-Inman - Wed, 2024-03-20 10:55
Agents who see the changes coming and adapt to the new reality by cementing their relationships will be in a position to seize the day as market winds shift, mega-team leader Carl Medford writes.

Fannie Mae Projects Higher Mortgage Rates For Longer Than Expected

USA Real Estate News-RISMedia - Wed, 2024-03-20 10:46

Fannie Mae’s most recent economic projections, up to March 2024, suggest that mortgage rates will remain elevated for a while longer.  Per Fannie Mae’s Economic and Strategic Research (ESR) Group, the 30-year mortgage rate is now projected to sit at 6.4% by the end of 2024–higher than the previously projected 5.9%. This will likely cause…

The post Fannie Mae Projects Higher Mortgage Rates For Longer Than Expected appeared first on RISMedia.

Bess Freedman says Trump is too late to sell Mar-a-Lago for bond

USA Real Estate News-Inman - Wed, 2024-03-20 10:39
Mar-a-Lago may be worth hundreds of millions, the Brown Harris Stevens CEO said, but there's certainly not "enough time" to offload it by Monday when Trump's $454 million bond is due.

Challenge to New York property tax system moves forward

USA Real Estate News-Inman - Wed, 2024-03-20 10:24
An appeals court issued a ruling on Tuesday stating that a lawsuit challenging New York's property tax system was mistakenly dismissed
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