Reliance Designs New Website for Intero Real Estate Services
Reliance has announced its newest partnership with Intero Real Estate Services: designing and launching the Northern California-based real estate company’s new website, which includes a Hyperlocal MLS search experience. “It is a true honor to partner with a company like Intero whose name has become synonymous with the top agents in the business,” said Sean…
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Nurturing Partnerships and Driving Business Growth
Above, Sarah Hatch Sarah Hatch Vice President of Relocation Lamacchia Realty Waltham, Massachusetts https://www.lamacchiarealty.com Region served: Massachusetts, New Hampshire, Rhode Island, Connecticut, Maine and Florida Years in real estate: 8 Number of offices: 16 Number of agents: 550 Motto/work philosophy that you live by: If you want it, work for it. Describe your journey with…
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Why Homeowners Across the U.S. Are Acquiring Home Equity Loans
In a high price market like the one real estate has seen for the past few years, many homeowners have seen a jump in their home equity. So, while home sales have been mostly down, home equity loans have not seen the same decrease. Homeowners looking to borrow against their home equity have never had…
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Mortgage Applications See Second Week of Increases
Mortgage applications saw a slight increase of 0.5% from last week’s bump of 2.6%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending May 10, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, increased 0.5% on a seasonally adjusted…
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Mortgage Rates Continue to Plague Homebuilder Confidence
As mortgage rates rose back above 7% in April, and remain high despite a recent decrease, homebuilders are pulling back their hopes for the housing construction market, according to the latest National Association of Home Builders (NAHB) data. The NAHB/Wells Fargo Housing Market Index (HMI) for May registered at 45, six points down from the…
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Inflation Eases in April; Good News for Potential Fed Rate Cut
The Consumer Price Index (CPI) increased 0.3% in April on a seasonally adjusted basis, after rising 0.4% in March, the U.S. Bureau of Labor Statistics reported on May 15. Over the last 12 months, the all-items index increased 3.4% before seasonal adjustment. After hitting a 40-year high of 9.1% in June 2022, inflation has slowed.…
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Second Century Ventures Announces Eight Companies for REACH LATAM 2024
Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, has announced the selection of eight companies for the second annual REACH Latin America (LATAM) cohort. Those selected for the 2024 program will join a portfolio of more than 250 technology companies across six major markets worldwide. NAR stated that the REACH…
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Bright MLS Releases Latest Mid-Atlantic Housing Update
Bright MLS, which covers the mid-Atlantic regions of the eastern United States, has published its latest report chronicling changes (and continuity) in the region’s housing markets. The report suggests that despite new listings, rising mortgage rates and prices continue to exclude potential buyers–affordability is defined as the central concern for the real estate market. “More…
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What Does It Mean to Be Named RISMedia’s Real Estate Rookie of the Year?
RISMedia’s third-annual 2024 Real Estate Rookie of the Year contest is accepting nominations, honoring the industry’s top agents who are new to the business, yet achieving extraordinary results. Now is the time to nominate a 2024 Real Estate Rookie of the Year! Nominations may be submitted here. Deadline ends 11:59 p.m. on Wednesday, June 5.…
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Real Estate Farming 101: Getting Started, Why It Matters and How to Succeed
When you hear “farming,” you probably picture livestock, tractors and a big red barn. However, real estate farming refers to a tailored marketing strategy that agents utilize to get the best listing leads. If this term is new to you, let’s delve into what it is, why it’s beneficial and how to execute the strategy…
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