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Zombie Properties Remain at Historic Low Point in Resilient Market

USA Real Estate News-RISMedia - Wed, 2024-11-06 15:15

One in 77 homes is vacant, for a total of 1.4 million residential “zombie” foreclosures nationwide, according to a new report from ATTOM Data. This figure has remained constant over the previous 11 quarters, according to the report.  “Zombie” properties are those that are in the foreclosure process and have also been abandoned by the…

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MLS as a Broker’s Strategic Partner

USA Real Estate News-RISMedia - Wed, 2024-11-06 15:04

As brokers establish new priorities and look for opportunities, it’s clear the old ways are fading. While some have left the past behind in a book of outdated practices, brokers are embracing challenges and searching for solutions to gain an advantage and win in this new age of real estate. Specifically, brokers are analyzing their…

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Mortgage rates climb as investors weigh impact of election results

USA Real Estate News-Inman - Wed, 2024-11-06 14:56
Appetite for bonds wanes as investors pile into the stock market and assess whether Donald Trump's return to the White House will fuel more government borrowing and reignite inflation.

Ready for the Future: The Broker Playbook for a Stand-Out 2025

USA Real Estate News-RISMedia - Wed, 2024-11-06 13:22

Above: Front row (left to right): John Featherston, Anthony Lamacchia, Dava Davin; Back row (left to right): Dan Duffy, Al Becker, Wendy Forsythe For innovative brokerage leaders, the twists and turns of 2024 will ultimately lead to one place: A stellar 2025. If you are in the Boston, Massachusetts, area on Friday, don’t miss RISMedia’s…

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A Strategic Approach to Achieving the American Dream

USA Real Estate News-RISMedia - Wed, 2024-11-06 13:18

Above, Shauna Fanning Shauna Fanning REALTOR® Lamacchia Realty, Inc. Braintree, Massachusetts https://shaunafanning.lamacchiarealty.com Region served: Boston’s South Shore area Years in real estate: 8 Favorite part of your job: The stories, and working with clients who are full of gratitude when they achieve their real estate dreams. What is the most significant trend affecting your business…

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MBA Reports Fifth Straight Week of Decline in Mortgage Applications

USA Real Estate News-RISMedia - Wed, 2024-11-06 12:46

Mortgage applications continued their rapid decline for the fifth straight week, with pressure from rising mortgage rates continuing to plague homebuyers and keep them out of the market. Applications decreased 10.8% from one week earlier, according to the MBA’s Weekly Applications Survey for the week ending Nov. 1, 2024. Joel Kan, MBA’s vice president and…

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Renter households surge as homeownership costs climb

USA Real Estate News-Inman - Wed, 2024-11-06 11:25
Renter households increased by 2.7 percent year-over-year in the third quarter to a record 45.6 million, a rate three times higher than the 0.9 percent uptick in homeowner households, according to a new Redfin analysis.
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