June’s Northeast Region Buyer Traffic Shows Modest Improvement Demand in Other Areas Remains Sluggish, Consistent with Seasonal Patterns Key Points:
Latest
Housing Sales Slump Continues What’s going on with housing sales? May existing-home sales continued a 13-month slide in year-over-year results. This is despite a nearly 50-basis point decline in the benchmark 30-year mortgage rate to rates that are once again below 4 percent, a modest increase in inventory levels and moderation of rising prices for […]
New Realtor Membership Leveling Off Indications are that the growth in new Realtor® membership may be leveling off. Recent informal discussions with leaders of some of the larger state and local associations of Realtors® revealed that the rapid growth of membership might be leveling off in many markets. This is just as total membership has […]
REAL Trends + Tom Ferry America’s Best Real Estate Professionals Rankings
Creating a Memorable Experience for Agents, Buyers, and Sellers Many of the best performing brokerage firms had a particular “specialness” that played a role in their success. Retailers of goods and services are told that they need to build a shopping experience to attract and retain customers. It’s not just about the products and services […]
Realogy vs. Compass: Analysis and Possible Impact On July 10, Realogy announced it had filed an action against Compass for “unfair business practices and illegal schemes to gain market share at all costs and to damage, or even eliminate competition. To reach its desired ends, Compass steals from, tortiously interferes with, and disparages its competition.”
Real Estate Sales Meetings That Sizzle
What’s Driving Brokerage Profitability?
Homeownership is considered a crucial step to wealth accumulation. However, the Great Recession tested this long-held belief. From the start of the Great Recession in April 2006 to the first signs of economic revival in March 2011, the CoreLogic Home Price Index (HPITM) declined 33%. Thanks to stable job growth, mortgage funding and underwriting, the […]