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Mortgage applications continued their fall for the fourth straight week, due to fluctuating mortgage rates and apprehensive homebuyers, according to the latest data from the Mortgage Bankers Association.  Applications decreased 6.7% from one week earlier, according to the MBA’s Weekly Applications Survey for the week ending October 18, 2024. Joel Kan, MBA’s vice president and…

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Existing-home sales continued their downward trajectory in September, declining 3.5 percent year over year and 1 percent month over month, according to data released Wednesday by NAR.

Norges Bank Adjusts Stake in Derwent London PLC  TipRanks

In September, total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—receded 1% from August to a seasonally adjusted annual rate of 3.84 million. Year-over-year, sales waned 3.5% (down from 3.98 million in September 2023). Existing-home sales dropped to a 14-year low, likely as prospective buyers held out for lower mortgage rates, with…

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From hashtags to hauntingly good event marketing, trainer Bernice Ross shares ways to capture Halloween hijinks in your market and share them on Instagram to give your business a boost.

Term Sheet: Newcore's social infrastructure financing, Goldman Sachs AM on normalised rates, a big change to the REC Europe Awards  Real Estate Capital Europe

Above, Danielle Bowers Century 21 Real Estate LLC. has announced the company is growing its network south of Richmond, Virginia, with its latest affiliation of the Black, female, veteran-led Lifestyle Realty Group, LLC, based in Petersburg. The company is now doing business as CENTURY 21 Lifestyle. According to a release, the boutique firm was founded…

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Douglas Elliman has announced that Howard M. Lorber is retiring from his position as president, CEO and chairman of the board. The 76 year old has served as chairman since 2003, and is also president and CEO of Vector Group Ltd.—Douglas Elliman’s former parent company. The company said in a release that it “extends its…

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U.S. existing home sales fall to an almost 14-year low  Crain's Cleveland Business

US existing home sales fall to an almost 14-year low  Crain's Cleveland Business

Trends in U.S. luxury real estate  JLL

US home sales slowed again in September, falling to weakest annual pace in nearly 14 years  mySA

Above, Kathy Connelly As the chief operating officer of Berkshire Hathaway HomeServices Georgia Properties, Kathy Connelly understands the importance of providing exceptional service to clients as they embark on the road to homeownership. Ensuring clients are protected and supported at every stage of the real estate journey is more important than ever before—a service that…

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The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the three-way agreement and reforming its governance.

Attending the International MLS Forum in Milan Oct. 7, 2024, were (from left): Dr. Mathew Kallumadil, UCO Vice President of Global Markets and Stellar MLS Vice President of Technology and Innovation; Merri Jo Cowen, CEO of UCO and Stellar MLS: and Marion Weiler, UCO Vice President of Global Markets and Stellar MLS Vice President of…

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Before the final approval of the National Association of REALTORS® (NAR) (theoretically) comprehensive settlement, with a petition pending before the Supreme Court in a potentially further-reaching spat with the Department of Justice (DOJ), is there the potential for the other shoe to drop? Could this be the calm before yet another storm—direct federal intervention in…

The post DOJ Intervention Likely, but NAR Settlement Approval Is Only the Beginning appeared first on RISMedia.

US home sales slowed again in September, falling to weakest annual pace in nearly 14 years  Greenwich Time

Building wealth abroad: Why Nigerian investors should consider US real estate with REI capital growth  The Nation Newspaper

Real Estate Market Insights: Gen Z Shouldering Heaviest Load of Increasing Housing Costs in the US  Crowdfund Insider

Luxury London Hotel for Sale as £275 Million Refinancing Stalls  Bloomberg