The June Issue of Real Estate Magazine Is Now Live
The January issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at LeadingRE celebrating their 60th anniversary by honoring their members and looking to the future, as well as a look at the Power Broker roundtable at the NAR legislative meetings, advice…
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Broker Strategies: Keeping Your Eye on the Prize
Tim Williams Broker/Owner CENTURY 21 803 Realty Lexington, South Carolina https://803realty.biz Region served: South Carolina, primarily the Central Midlands Years in real estate: 15 Number of offices: 2 Number of agents: 48 What do you like most about the region in which you work? We’re naturally slow-paced. Our trends tend to tick about five years…
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Window to the Law: The Benefits of Using a Buyer Representation Agreement
Editor’s Note: This is part of a monthly video series from the NATIONAL ASSOCIATION OF REALTORS® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily News. In the latest Window to the Law from NAR, learn how real estate professionals can…
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The Most Affordable Cities in 2023
In a market full of challenges over the last few years, home prices have been a strong thorn in the side of homebuyers. Since 2019 home prices have grown exponentially, from $313,000 in Q1 2019 to $436,800 in Q1 2023. While this hurdle looms over the housing market, where can homebuyers look to find affordable…
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Berkshire Hathaway HomeServices Declares June ‘Real Estate Planning Month’
Berkshire Hathaway HomeServices has announced June as real estate planning month and, in partnership with the national brand, Homesale Realty has dedicated itself to arming agents with the tools, resources, and education necessary to help their clients turn their real estate dreams into real estate plans. “They say failing to plan means planning to fail,…
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Insurance Giant Not Accepting New Policies in California
Last week, as most people were looking forward to porch parties and barbecues over the long weekend, one of the largest home insurers in the country had a different focus: lumber costs and wildfires. State Farm, which services 91 million policies across the country, announced last Saturday that it would no longer be offering new…
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HAR President & CEO Recognized for Decades of Service
The Houston Association of REALTORS® (HAR) is celebrating its president and CEO Bob Hale’s 50-year tenure with the association. In 1973, the HAR board of directors hired Hale as legal counsel, and in 1988, he was tapped as president and CEO. Hale is credited with making the 46,000 member HAR one of the most innovative…
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Calling All Brokers: Share Your Insight and Level of Confidence in Today’s Market
With spring mostly behind us, real estate practitioners are finding their footing as 2023 has defied many seasonal norms. Heading into the warmer months, our Broker Confidence Index (BCI) has shown that many in real estate are feeling optimistic despite some market struggles. But we need to hear from you! We are experiencing a housing…
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Zombie Foreclosures Continue to Increase
As of Q2 2023 about 1.3 million (1,285,633) residential properties across the U.S. are vacant, representing 1.3% (one in 79 homes), according to a new report from ATTOM. ATTOM’s Vacant Property and Zombie Foreclosure Report for Q2 2023 found that 311,508 residential properties are in the process of foreclosure, up 4.3% from last quarter and…
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Third Straight Week of Mortgage Application Decreases
Mortgage applications dipped again this week, down 3.7%, from last week’s 4.6% decrease, the third straight week of decreases, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending May 26, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased 3.7% on a…
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