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As rules change, your best friend is an entrepreneurial mindset

USA Real Estate News-Inman - Wed, 2024-07-24 03:00
Entrepreneurship isn't just good for individual real estate pros, PR and marketing expert Molly McKinley writes. It's good for organizations and for the industry as a whole.

Industry mourns DocMagic founder and CEO Dominic Iannitti, 60

USA Real Estate News-Inman - Tue, 2024-07-23 17:32
CFO Pat Theodora taking over as CEO after Iannitti, a pioneer of numerous paperless processes, dies unexpectedly of complications from pneumonia.

CoStar Group revenue rises in Q2 as Homes.com bookings hit $55M

USA Real Estate News-Inman - Tue, 2024-07-23 15:58
CoStar Group's revenue grew 12 percent year over year to $678 million, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of websites increased 73 percent year over year to 148 million monthly average unique visitors.

Economists predict big slowdown in home price appreciation

USA Real Estate News-Inman - Tue, 2024-07-23 15:18
As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford and prices are already coming down in some markets

NAR’s Yun Predicts Interest Rate Cuts, With More to Come in 2025

USA Real Estate News-RISMedia - Tue, 2024-07-23 14:11

Interest rates may be seeing their first cut this fall, possibly even as soon as September, according to the National Association of REALTORS®’ (NAR) Chief Economist Lawrence Yun. Yun shared this prediction and more during NAR’s recent Residential Real Estate Forecast Summit for 2024. The biggest question looming on many in the industry’s minds is,…

The post NAR’s Yun Predicts Interest Rate Cuts, With More to Come in 2025 appeared first on RISMedia.

Existing-home sales decline, median sales price hits record high

USA Real Estate News-Inman - Tue, 2024-07-23 14:00
The median existing-home price jumped by 4.1 percent year-over-year to $426,900 for all housing types, marking the second month of record highs.
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