Housing affordability—the hurdle holding many potential buyers back from taking the leap into ownership—remains a distinct challenge in the market as more than 80% of metro markets registered home price gains in Q1 2025, according to a new report. The National Association of REALTORS®’ (NAR) latest Metropolitan Median Area Prices and Affordability report found that…
Zero movement on mortgage rates this week, but the continued steadiness of the average rate remaining in the mid-sixes for many weeks is having a positive impact on mortgage applications, economists say. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the 30-year fixed-rate mortgage (FRM) averaged 6.76%, unchanged from…
Real estate data platform PropStream has announced its participation in the upcoming REI Summit, taking place June 1–3, 2025, in Austin, Texas. Hosted by BetterLife REI, the REI Summit is known for “cutting through the fluff” and delivering how-to sessions that equip attendees with proven strategies for long-term success in real estate. With a shared…
Above, Charles Furlough Pillar To Post Home Inspectors has announced that CEO Charles Furlough was named the winner of a Bronze Stevie® Award in the Maverick of the Year category in the 23rd Annual American Business Awards®. All organizations operating in the U.S.A. are eligible to submit nominations for the awards including public and private,…
Above, from left, Johnny Mowad, Cole McNew, George Gatt, Nicole Vermillion, Michael Martinez and Biana Arentz May is Affordable Housing Month, and no one gets a better view of home affordability issues than those helping people buy or sell their homes. To learn what real estate leaders are doing to help clients navigate the financial…
Michigan MLS Realcomp has announced a strategic partnership with SkySlope, a digital transaction management company. This collaboration will provide 15,000 real estate professionals in Michigan with free access to SkySlope Forms— real estate forms designed to accelerate the form-filling process. SkySlope Forms is designed to simplify and add flexibility to every aspect of the real…
A combination of economic and employment news last week that sent mortgage rates back to some lower rates we saw in April led to a bump in home purchase applications this week. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending May 2, the Market Composite…
Don’t miss your chance to honor a real estate rookie! RISMedia’s popular Real Estate Rookie of the Year contest is accepting nominations for 2025, so get yours in today! The deadline to nominate is tomorrow May 8, 2025. Nominate a Rookie! The 2025 Rookie of the Year award, designed to honor real estate professionals who…
HomeSmart has announced the introduction of SmartSigns and SmartRiders, which will leverage QR codes and NFC (Near Field Communication) tags, allowing potential buyers to scan or tap for easy access to property details and photos delivered right to their enabled mobile devices. This “smart” yard sign suite was designed to eliminate reliance on traditional marketing…
Upfront, a financial platform serving the real estate industry, has announced the launch of a national healthcare platform, Care by Upfront. By providing much-needed and cost-effective healthcare options, this move addresses a significant challenge for the more than 1 million real estate professionals in the U.S., the company says. In particular, Upfront helps alleviate the…
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