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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…

The post Refinancing Accounts for Lion’s Share of Mortgage Applications as Activity Hits 2-Year High appeared first on RISMedia.

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…

The post Reliance Partners With HomeStack to Offer Custom Real Estate App for Customers appeared first on RISMedia.

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…

The post New-Home Sales Down Slightly in August appeared first on RISMedia.

New-home market a ‘bright spot’ as annual sales rise 9.8%

USA Real Estate News-Inman - Wed, 2024-09-25 11:10
New-home sales rose 9.8 percent year over year to a seasonally adjusted annual rate of 716,000 in August. However, an influx of existing-home inventory could pose a challenge to new-home sales into the fall.

Notable to power Brown Harris Stevens’ reno and staging product

USA Real Estate News-Inman - Wed, 2024-09-25 10:39
The deal to power the brokerage's Curate by BHS product marks the largest partnership Notable has launched since joining Leading RE's Solutions Group this spring, according to an announcement on Tuesday.

Panel Discusses What the Future Holds For Industry Associations In A Post-Settlement World

USA Real Estate News-RISMedia - Wed, 2024-09-25 10:19

WASHINGTON, D.C.—With all the changes in the real estate industry in the past year, it’s understandable that real estate associations are feeling a mix of optimism and uncertainty about the future. But if they’re going to survive and thrive beyond this moment, they’ll need to double down on articulating their value and putting customers first.…

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Weichert Named to Top 50 Most Innovative Franchises List by Franchise Business Review

USA Real Estate News-RISMedia - Wed, 2024-09-25 09:49

Weichert Real Estate Affiliates, Inc. has announced the company has been recognized by Franchise Business Review (FBR) as one of only 50 franchise brands to earn placement on its Most Innovative Franchises list for 2024. This marks the third-straight year the company has earned a spot on the list. Franchise Business Review (FBR), a research…

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HomeStack inks deal with Reliance to boost real estate’s mobile might

USA Real Estate News-Inman - Wed, 2024-09-25 08:55
HomeStack’s bespoke mobile application builder leverages APIs from popular software firms, helping users access essential tools, data and business needs in a white-labeled environment.
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