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Home sales will only get worse next year before rebounding in 2024

Housing Wire

As of October, more than 80% of existing borrowers had mortgages at least 200 basis points lower than the current market rates, and more than 90% had mortgages at least 100 bps lower — the largest share since at least 2000, the government-sponsored enterprise said. . million, according to the National Association of Realtors.

Contracts 369
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NYT article alleges ‘yearslong pattern of predatory behavior’ by two eXp agents

Housing Wire

In recent months, the New York Times has worked to expose what is has termed a “culture of fear” in the real estate industry, first setting its sights on the National Association of Realtors. According to eXp, changes to eXp’s Revenue Share program has made it so eXp can stop payments to agents whose contracts were terminated.

Agents 419
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Lamacchia Realty Announces Top Producing REALTORS® for March 2022

Lamacchia Realty

has released their “Top Producing REALTORS®,” for March 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc. Kelly joined the 2021 Lamacchia Realty President’s Club for the first time !

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The new home sales recession continues

Housing Wire

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. This is below the recession levels of 2000 and back to 1996 levels. months of supply in an orderly manner. The builders will pull back on construction when the supply is 6.5

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How to get a real estate license in Texas

Housing Wire

Currently, there are about 154,113 Realtors ® in Texas, according to the National Association of Realtors. You’ll also want a sponsoring real estate broker that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. link] FastExpert.com.

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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS (225 ILCS 454/) Real Estate License Act of 2000” [link] Illinois Real Estate Examination Program. Frequently Asked Questions” [link] Illinois Realtors, Start Your Career in Real Estate. Scheduling the Licensing Exam” [link] Illinois Realtors, Start Your Career in Real Estate.

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Case-Shiller: Home Prices Soar at Record Pace in June

Empire Appraisal Group

Source: Case-Shiller: Home Prices Soar at Record Pace in June | Florida Realtors. in June compared with a year earlier, the largest increase on records dating back to 2000. And the number of contracts signed to buy homes, a leading indicator of final sales, has fallen for two straight months. By Christopher Rugaber.