Due to rising mortgage rates and a lack of inventory, new-home sales saw a drastic 8.7% dip in August, according to a new report from the National Association of Home Builders (NAHB). NAHB reported, using data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, that sales of newly built,…

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Real estate is no stranger to the out-of-the-ordinary, and 2024 looks like it’s going to be a doozy. In some ways, we’ve found a new “normal”: shrinking broker margins, rising costs, inflationary pressure and scarce seller leads. In others, like interest rates, inventory and pricing, things feel more uncertain than ever. We’re heading for uncharted…

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Above, left to right: J. Lennox Scott, chairman & CEO, John L. Scott Real Estate; Jim Fite, president & CEO, CENTURY 21 Judge Fite Company; Vanessa Bergmark, owner/CEO, Red Oak Realty; Chris Trapani, founder & CEO, Christie’s International Real Estate Sereno; and John Featherston, founder & CEO, RISMedia. Photo by AJ Canaria. While low inventory,…

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Take your career to the next level with an MBA or certificate from NAR Academy at Columbia College.  As a first-time student, you can receive 50% off your first eligible course for the late fall 2023 session. Register by Oct. 25!  Ask an appraiser webinar – register today   Join us on October 4, for a…

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