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Mortgage Rates Plummet to Lowest Level in Over a Year

USA Real Estate News-RISMedia - Thu, 2024-08-08 11:23

The 30-year fixed-rate mortgage (FRM) dropped drastically to the lowest level seen in over a year, from last week’s average of 6.73% to a current average of 6.47%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM averaged 6.47%, down from last week when…

The post Mortgage Rates Plummet to Lowest Level in Over a Year appeared first on RISMedia.

Toronto-based Polsinello Team joins eXp Realty

USA Real Estate News-Inman - Thu, 2024-08-08 11:19
Team lead Frank Polsinello said eXp Realty's commissions and benefits "fit the bill perfectly" for the team's needs. The team was ranked No. 16 for RE/MAX Canada this year.

The Agency brings on Jeff Davidson Group and more teams to SoCal

USA Real Estate News-Inman - Thu, 2024-08-08 10:33
The former Compass team is the latest in a handful of teams to join The Agency in Southern California over the last few months. The team has over $750 million in career sales volume.

The Buyer Agent Playbook: Accessing an Old-School Memory to Win New Clients

USA Real Estate News-RISMedia - Thu, 2024-08-08 10:19

Remember Show and Tell from when you were a little kid in school? You’d get in front of the class with something kinda neat and then provide the backstory. It was fun, right? Well, now it’s adult Show and Tell time, but it’s serious business. Most jobs involve working with the same people for years…

The post The Buyer Agent Playbook: Accessing an Old-School Memory to Win New Clients appeared first on RISMedia.

Climate activists vandalize Lionel Messi’s $12M Ibiza home

USA Real Estate News-Inman - Thu, 2024-08-08 10:08
Spanish climate activist group Futuro Vegetal smeared the star footballer's mansion in red and black paint to blame the rich for the climate crisis, while also highlighting the lack of action on the part of the Spanish government, the group said.

Ultra-luxury sales show resilience, up 3.9% from last year

USA Real Estate News-Inman - Thu, 2024-08-08 10:00
Ultra-luxury sales, or residential sales valued at or above $10 million, totaled $14.6 billion across 838 transactions, an increase of 3.9 percent during the first half of the year.

Zillow Promotes Wacksman to CEO; Barton Stays on Board of Directors

USA Real Estate News-RISMedia - Thu, 2024-08-08 09:31

From left, Jeremy Wacksman and Rich Barton Zillow Group, Inc. announced on Aug. 7 that longtime executive and Chief Operating Officer Jeremy Wacksman has been promoted to chief executive officer and is simultaneously joining the company’s board of directors. Wacksman succeeds co-founder Rich Barton, who remains on the Zillow Group board and becomes co-executive chair…

The post Zillow Promotes Wacksman to CEO; Barton Stays on Board of Directors appeared first on RISMedia.

Corcoran HM Properties acquires Property Shop International Realty

USA Real Estate News-Inman - Thu, 2024-08-08 08:00
The acquisition will allow Corcoran HM Properties to expand into the coastal market of Wilmington. The firm's combined footprint now spans more than 160 agents across six offices in North and South Carolina.

Auction site bids to attract buyers amid commission changes

USA Real Estate News-Inman - Thu, 2024-08-08 07:53
Rock Smart Realty, led by broker RJ Timlin, will launch a website called moversandshakers.ai to help consumers and agents buy and sell homes in an open-offer, transparent environment.
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