Be Intentional With Your Social Media Approach
NAR PULSE—Integrating a clear and deliberate approach to social media can expand both your business and network. For this month’s Conference Year-Round (CYR), Scott Shapiro, industry relations lead at Facebook and Instagram, will share how a local narrative and value proposition can positively impact your business. 21 Tips to Spice Up Listing Presentations First […]
Roof Leaks: Why You Cannot Ignore Them
Roof leaks are one of the leading causes of preventable property damage. A leaking roof is disruptive and costly, and can eventually cause mold, damage to interior finishes and even structural damage. While it’s true that older roofs or those in disrepair are at greater risk for leaks, one of the most common causes of […]
Rocket Mortgage Named Top Mortgage Servicer by J.D. Power
Rocket Mortgage was named the nation’s top mortgage servicer for client satisfaction by J.D. Power for the eighth year in a row—every year it has been eligible for the accolade. Rocket Mortgage servicing manages a homeowner’s mortgage from closing until the loan is paid off. This includes collecting monthly mortgage payments, paying taxes and insurance […]
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State of the Market: Brokers Prepare for ‘Second Wave’
This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses the state of the market and how brokers are preparing for another boost in activity this fall. Moderator: Cindy Ariosa, Senior Vice President, Regional Manager, Long & Foster Real Estate, Chantilly, Virginia, Special Liaison for Large Firm and Industry Relations, NAR Panelists: Neil […]
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Dottie Herman Steps Down as CEO of Douglas Elliman
New York and the surrounding areas have experienced a shift in executive leadership for a prominent brokerage brand, Douglas Elliman. Dottie Herman stepped down as CEO of the company, with Scott Durkin, the brokerage’s president and chief marketing officer, taking on the role effective immediately. “It is a thrill to pass the CEO title to […]
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June Home Values Reach 40-Year High
While price growth is beginning to slow down as we enter the end of summer, June home values reached record levels, even hitting a 40-year high, according to the latest CoreLogic Home Price Index report. The findings: – U.S. home prices increased 17.2% YoY in June 2021. – Month-over-month, home prices increased by 2.3% compared […]
Forbearance Rates Mark Slight Decrease, But Improvement Still Needed
Forbearance rates decreased by 1 basis point to 3.47% as of July 25, 2021, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey. The MBA estimates 1.74 million homeowners are currently in forbearance plans. The share of Fannie and Freddie loans in forbearance decreased 2 basis points to 1.79%. Ginnie Mae […]
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Unnecessary GSE Limits Impede First-Time and Underserved Buyers
In 2008, Fannie Mae and Freddie Mac (the GSEs) were put under “conservatorship,” or control of the federal government. The significant deterioration in the housing markets leading up to the 2007 – 2008 global financial crisis damaged each GSE’s financial condition and left them unable to fulfill their missions without government intervention. Since that time, […]
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FHFA Names Phyllis K. Fong Acting FHFA Inspector General
The Federal Housing Finance Agency (FHFA) named Phyllis K. Fong acting inspector general (IG). Fong will continue to serve as the IG for the U.S. Department of Agriculture (USDA) while she serves as the acting FHFA IG. As IG, Fong will be the senior official in the Office of Inspector General (OIG) responsible for audits, […]
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Help Your Agents Power Through Today’s Homebuyer Battles
In case you just woke up from a long, long sleep, today’s housing market is extremely competitive for homebuyers. How are your buyer’s agents doing? Do you have the tools to help them succeed? To help managing brokers support their buyer’s agents in these challenging times, I would like to share a few insights we […]
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