Hanna recently named LaMarcus Thurman as the Vice President of Community Lending. This newly created position will focus on the community lending efforts of Howard Hanna Mortgage Services and its affiliated mortgage companies across a 13-state footprint.
We may not enter a recession, but real estate agents can prepare for any potential consequences by examining recent economic downturns.
More than 200 agents joined Compass during the second quarter of the year. Those agents combined to generate $2.25 billion in closed sales in 2021, according to an analysis of BrokerMetrics and RealTrends data.
Even as mortgage rates rose and the overall housing market cooled, the share of homebuyers looking to relocate hit an all-time high in July.
The biggest things agents can make is to keep the same marketing plan when the market shifts. Here are some ideas for an update.
Homeward, which offers homebuyers a “Buy Before You Sell” product, laid off 20% of its workforce, citing slowing housing demand.
In our Lasting Impact series, Weston Edwards, founding chair of Merrill Lynch Realty is named for bringing the first wave of outside capital to the real estate industry.
With the mad scramble to get offers in on properties that are likely to be sold in hours all but over, listings are sitting on the market longer and agents are boosting their marketing and prospecting.
The new partnership between rivals Zillow and Opendoor puts Zillow back in the seller leads business.
Stale listings are becoming more common. The share of homes that were listed for 30 days or longer without going under contract rose to 61.2% in July, according to Redfin.
