by Jesse Williams | Nov 10, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Homeowners across the country can save around $196K by downsizing from a four-bedroom to a two-bedroom home, according to a new report from StorageCafe released last week. StorageCafe’s report looks at where downsizing saves the most among the country’s largest 100...
by Jesse Williams | Nov 9, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Where is the light at the end of the tunnel? That is the question that many real estate leaders are asking, as RISMedia’s Broker Confidence Index (BCI) tracked another new low this month, with major brokerages reporting significant struggles with consumer confidence,...
by Jesse Williams | Nov 9, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
People tend to form social and economic ties with the areas where they live, while the high costs of moving out of state can incentivize movers to remain in the same state. On average, 82.66% of movers look to stay in the state where they live, according to a new...
by Jesse Williams | Nov 9, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 4.1 points in October to 56.7, its eighth consecutive monthly decline and lowest reading since the inception of the index in 2011. Year over year, the full index is down 18.8 points. The HPSI found that...
by Brit Owen | Nov 9, 2022 | Agents, Brokers, Industry News, Latest News, National, Premier, Teams |
Mere hours before it’s slated to report its earnings for the third quarter, Redfin has announced that it is getting out of the iBuying game. In a shocking Wednesday SEC filing, Redfin announced that it would be sunsetting RedfinNow and firing 13% of its...
by Jesse Williams | Nov 8, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Tech-focused North Carolina-based brokerage Fathom is aiming to grow leaner as it barrels toward a goal of profitability next year, announcing “deep cost-cutting measures” on a Q3 earnings release yesterday and adjusting Q4 projections downward, even as the company...