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2025’s Great Expectations: Will AI Deliver on Its Promises?

USA Real Estate News-RISMedia - Thu, 2024-12-12 15:19

The rapid adoption of AI in real estate is historic. Not since the introduction of the iPhone has a single tech advancement had a faster and more pervasive impact on our industry.  Real estate’s first survey of AI use, conducted by Delta Media last January, showed 80% of agents already used AI. Since then, the…

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BHGRE Renames Its Highest Honor to Commemorate Founding President and CEO Sherry Chris

USA Real Estate News-RISMedia - Thu, 2024-12-12 14:49

Better Homes and Gardens Real Estate has announced the company recently honored Better Homes and Gardens Real Estate The Good Life Group in Omaha, Nebraska, for its dedication and display of the brand’s core values: Passion, authenticity, inclusion, growth and excellence (PAIGE), expanding its business and providing excellent service. Established with the inception of the…

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Ask The Newsmakers: A Roadmap for the Future

USA Real Estate News-RISMedia - Thu, 2024-12-12 13:43

Above (L-R): Rob Barber, Darryl Davis, Lisa Sturtevant and Rick Haase. With all eyes on the year ahead, real estate professionals across the board are busy preparing for what’s next. And while there’s no crystal ball to predict exactly what the 2025 housing market will look like, we asked a few of our 2024 Real…

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Pandemic Homebuyers May Be Largest Group of Sellers in 2025, Furthering the Wealth Gap in Young Adults

USA Real Estate News-RISMedia - Thu, 2024-12-12 13:23

With a new year around the corner, the real estate industry is preparing for an influx of new homes entering the market, or rather reentering the market, perhaps a bit sooner than expected. According to a study conducted by Bright MLS, the homeowners most likely to sell in 2025 are those who purchased their home…

The post Pandemic Homebuyers May Be Largest Group of Sellers in 2025, Furthering the Wealth Gap in Young Adults appeared first on RISMedia.

Top Performing Washington Brokerage Joins ERA Real Estate Network

USA Real Estate News-RISMedia - Thu, 2024-12-12 13:16

ERA Real Estate has announced its latest affiliation with Imagine Realty ERA Powered, a family-owned multi-office brokerage operating out of Othello that serves the communities of the Columbia Basin in Central Washington.  Owners Jessie “Weno” Dominguez and Amy Dominguez stated they look forward to utilizing the brand’s business-building tools and help leverage the marketing programs…

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Mortgage Rates Continue to Drop

USA Real Estate News-RISMedia - Thu, 2024-12-12 13:01

With mortgage rates continuing their descent in recent weeks, borrowers who faced rates topping out at over 8% last year, drove a surge in refinance applications this past week; we may also see further refi activity ahead, as rates continued their decline this week.  The 30-year fixed-rate mortgage (FRM) averaged 6.60%, down from last week’s…

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Thoughts on Leadership: Lessons From the Road

USA Real Estate News-RISMedia - Thu, 2024-12-12 12:56

As I reflect on this week’s travels and conversations, I’m struck by how each interaction reinforced timeless leadership principles that we can all apply in our daily lives. Whether it was during the fireside chats, connecting with our incredible teams, or simply observing the dynamic energy in the rooms, several lessons stood out to me:…

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DOJ Defends Investigation to Supreme Court, Says NAR Petition Lacks Merit

USA Real Estate News-RISMedia - Thu, 2024-12-12 10:38

The Department of Justice (DOJ) Antitrust Division appears committed to pushing forward with a long-running investigation into National Association of REALTORS®’ (NAR) policies, despite the looming transition to a new presidential administration, continuing to defend its inquiry all the way to the Supreme Court. After sending a lawyer to speak at the final court hearing…

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Pet Peeves: How to Tame All Kinds of Animal Issues in Homes for Sale

USA Real Estate News-RISMedia - Thu, 2024-12-12 10:34

When it comes to pets, there’s pleasure and then there’s business. The pleasure is 24/7…until you as an agent either represent a seller with pets or a buyer who’d prefer not to see, smell or hear them in a house they’re considering. “I’m an animal lover, and think every home is better off with pets,”…

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As Homeowners Insurance Premiums Soar, ‘Last Resort’ Policies on the Rise

USA Real Estate News-RISMedia - Thu, 2024-12-12 10:19

A recent Harvard Joint Center for Housing Studies (JCHS) analysis found that insurance costs are heavily weighing on housing affordability, having risen 74% since the Great Recession, with more homeowners forced to buy government-backed plans. As a result of market conditions, private insurers have also faced a good deal of uncertainty in terms of unprofitability,…

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