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Abroad and at home, the economy is firming up—and in the commercial market in the U.S., international investors are riding the uptrend, according to a National Association of REALTORS® (NAR) report. In the last five years, 35 percent of commercial REALTORS® have had more commercial clients from outside the U.S., and, in 2017, 18 percent […]
Local Logic looks to transform the industry by personalizing the customer experience on real estate broker websites It’s becoming increasingly harder to engage with and convert online leads—especially with all the online resources and technology readily available to consumers. So, what catches the eye of buyers and sellers in today’s tech-centric real estate industry? It’s […]
The post Using Location to Attract, Engage and Convert More Online Leads appeared first on RISMedia.
After falling hard in the recession, homes in vacation areas are recovering, but slowly, according to an analysis by Zillow: “Vacation home markets have lagged the rest of the country during the economic recovery, despite an exaggerated boom and bust a decade ago,” says Aaron Terrazas, senior economist at Zillow. “As the economy improves and […]
The post The Harder They Fall: Recovery Slow in Vacation Areas appeared first on RISMedia.
The 2018 NAR Leadership Team photographed in Washington, D.C. Editor’s Note: This is the cover story in the July issue of RISMedia’s Real Estate magazine. The search for the next CEO to head the National Association of REALTORS® (NAR) was an intense process. When it came down to the final few candidates, Bob Goldberg knew […]
The post Powered by Unity: Working Together to Forge a New NAR appeared first on RISMedia.
RISMedia is accepting nominations for the Class of 2019 Real Estate Newsmakers, individuals who are making newsworthy contributions to the residential and/or commercial real estate industries, and positively affecting real estate professionals and the consumers and communities they serve. NOMINATE SOMEONE TODAY To be considered for the Class of 2019 Real Estate Newsmakers, candidates must […]
The post Are You an Industry Newsmaker—or Know Someone Who Is? RISMedia’s 2019 Newsmaker Nominations Now Open appeared first on RISMedia.
Amid nationwide shortages in supply, homebuyers in June had more options, but their choices were fast-moving and pricey, according to data from realtor.com®. The average home was listed for a median $299,000 and sold in 54 days—both new realtor.com records. On an annual basis, inventory in June sunk 4 percent, which is a departure from […]
Traditional lenders are transforming, adopting cutting-edge technology to stand apart from competitors and introduce an added level of security to financing. From AI-run algorithms to smart contracts, obtaining a mortgage could soon be a vastly different process than buyers experienced just 10 years ago. Industry disruptors, however, are looking to shift from the traditional model […]
The post Blockchain Lending: Reduced Fraud or Increased Risk? appeared first on RISMedia.
A bigger piece of the pie. The average homeowner is forking over 17.1 percent of their income for their mortgage, an allocation that has grown from 15.9 percent in 2017, according to a recent report by Zillow. The increase is the second-most significant since the recession. Why the jump? “For the past few years, historically […]
For the fourth time in five weeks, mortgage rates have settled, with the average 30-year, fixed mortgage at 4.55 percent, a decline from 4.57 percent the prior week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed mortgage was at a 4.04 percent rate, flat from the prior week, but the […]
Baby boomers are the biggest generation of homebuyers behind millennials, at 32 percent, according to the National Association of REALTORS® (NAR) 2018 Profile of Home Buyer and Seller Generational Trends. For more information, please visit www.nar.realtor. For the latest real estate news and trends, bookmark RISMedia.com.