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Mortgage rates back at 7% as bond market investors stage rebellion

USA Real Estate News-Inman - Mon, 2024-10-28 16:37
"Bond vigilantes" figure "no matter which party wins the White House and the Congress, fiscal policies will bloat the budget deficit and heat up inflation," Wall Street veteran Ed Yardeni warns.

Existing-home sales show the market is still frozen: Economist

USA Real Estate News-Inman - Mon, 2024-10-28 14:20
Windermere’s Principal Economist Jeff Tucker looks at September’s "disappointing" existing-home sales report and discusses some of the factors impacting the numbers.

Authorities arrest missing San Antonio agent’s husband

USA Real Estate News-Inman - Mon, 2024-10-28 13:32
Real estate agent Suzanne Simpson has been missing since Oct. 7. Olmos Park authorities have arrested her husband, Brad, for obstructing a search of the couple's home last week.

ERA Real Estate Expands Reach in Minnesota With Affiliation of ERA Prospera Real Estate

USA Real Estate News-RISMedia - Mon, 2024-10-28 13:22

ERA Real Estate has announced its latest affiliation with ERA Prospera Real Estate, a brokerage located in the Minneapolis area that serves clients across the Twin Cities and surrounding suburbs, the northern lakes region and western Wisconsin. Founded just last year, the brokerage has already developed an extensive portfolio of past and present clients, referral…

The post ERA Real Estate Expands Reach in Minnesota With Affiliation of ERA Prospera Real Estate appeared first on RISMedia.

NAR Advisory Board Opts Not to Take ‘Formal Action’ Concerning Clear Cooperation

USA Real Estate News-RISMedia - Mon, 2024-10-28 12:55

The National Association of REALTORS® (NAR) is continuing to put off potential action on the Clear Cooperation Policy (CCP), with the MLS Technology and Emerging Issues Advisory Board choosing not to “make a recommendation or take any other formal action” concerning the policy after two meetings.  The Board met last week on October 24 to…

The post NAR Advisory Board Opts Not to Take ‘Formal Action’ Concerning Clear Cooperation appeared first on RISMedia.

7 expense-cutting strategies for real estate teams in 2025

USA Real Estate News-Inman - Mon, 2024-10-28 12:08
Cutting expenses in 2025 doesn’t mean sacrificing quality, Chris Pollinger writes. By strategically managing your budget, you can maintain profitability and reinvest savings into the areas that truly drive growth.

Winners of eXp Realty’s eXpcon Hackathon announced

USA Real Estate News-Inman - Mon, 2024-10-28 11:33
At eXp Realty’s first-ever eXpcon Hackathon, held in Miami Beach, Florida, on Oct. 26, industry innovators competed to showcase projects aimed at creating cutting-edge real estate solutions using OpenAI technology, and the brokerage has officially announced the winners.

Douglas Elliman Terminates CEO Scott Durkin Amid Investigations

USA Real Estate News-RISMedia - Mon, 2024-10-28 11:24

Scott Durkin, president and CEO of Douglas Elliman Real Estate and longtime New York real estate luminary, has been terminated from his position, according to an SEC filing and multiple media reports.  The news comes after the New York-based mega brokerage’s CEO and chairman Howard Lorber stepped down from the board last week, and reports…

The post Douglas Elliman Terminates CEO Scott Durkin Amid Investigations appeared first on RISMedia.

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