Buyer & Seller Tips

    Will Open Houses Become Obsolete?

    For decades open houses have been a staple in real estate, offering aspiring home buyers a window into what the market offers. While the boom of tech and innovation have caused some to question the practice’s viability, many still believe it’s a worthwhile investment for agents and clients. “Even in an age where we can…

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    Downward Trend in Pending Home Sales Persists in April Under Mortgage Rate Surge

    The runup of mortgage rates continues to deal a blow to the housing market as April saw another decline in contract signings, according to recent data from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, fell by 3.9% last month—dipping to…

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    Mortgage Rates Continue to Decrease

    The 30-year fixed-rate mortgage (FRM) averaged 5.10% this week, a decrease for the second week in a row, according to the Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. Key findings: 30-year fixed-rate mortgage averaged 5.10% with an average 0.9 point as of May 26, 2022, down from last week when it averaged…

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    Majority of Homeowners Would Rather Make Home Improvements Than Sell

    While the housing market may be hotter than ever, most homeowners prefer to fix their homes rather than put them on the market, according to a new survey out this week from LendingTree. According to the findings, 72% of homeowners would rather tackle home improvement projects than list their home. LendingTree surveyed 1,000 homeowners about…

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    52% of Home Renovations Take Longer Than Planned

    Saving money, getting the job done quickly and avoiding permits. These are just a few examples of some of the common goals held by homeowners when talking about home renovations. But with U.S. home improvement sales projected to reach over $550 billion this year, the financial impact of these ideas and the decisions made around…

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    Becoming the Broker of Choice

    Elm Street’s 3sixtyfive.agency is a full-service consulting and marketing agency working with brokerages and tech companies across real estate and beyond. Over the past year, 3sixtyfive.agency has worked with South Florida-based The Keyes Company/Illustrated Properties on numerous growth initiatives, assisting with the creation, execution and analysis of high-end, comprehensive marketing campaigns focused on brand awareness…

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    3 Key Factors for Identifying the Right Brokerage

    While real estate agents are always on the move helping buyers and sellers, they’re often on the move between brokerages, too. It can be difficult to find the best home for their business, as evidenced by National Association of REALTORS® data, which show the median tenure for agents at their current firm is just five…

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    Stand Out From the .COMpetition With a .realtor™ Web Address

    Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily News. A .realtor™ web address gets you instant recognition, elevates your marketing materials and helps you…

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    HUNT Real Estate Expands CNY Market Share With Acquisition of Procopio Real Estate

    HUNT Real Estate ERA has expanded its presence in the Central New York Region by acquiring Procopio Real Estate, a locally run real estate firm in Syracuse, the company has announced. Procopio has been serving the Central New York region since 2011 and employs 52 real estate agents, all of whom will be joining HUNT’s…

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    Reformers See Opening to Address Racist Appraisals

    It is not often that you can so easily capture hundreds of years of racial discrimination in the view from one street. But in the city of St. Louis, Missouri, along a line called the Delmar Divide, it barely takes a glance. On one side lies the neighborhoods where white residents, assisted by city leaders…

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