REALTY EXPERTS®

Phone:
510-226-2444
Fax:
510-623-6979
Contact Us

REALTY EXPERTS®

Phone:
510-226-2444
Fax:
510-623-6979
Contact Us

news aggregator

What’s New in the New Year: Predictions and Best Practices for 2022

USA Real Estate News-RISMedia - Thu, 2022-01-13 15:02

During the last 12 months, home prices skyrocketed, homes would go off the market almost as quickly as they went on, and low interest rates coupled with high consumer demand made last year a unique time in real estate.

While homebuyers are still facing somewhat of an uphill battle when it comes to inventory and competition, the next 12 months shouldn’t feel completely like 2021, and real estate agents need to be prepared to guide them on their way.

What to Expect

Compass expands its brokerage operations to New Hampshire

USA Real Estate News-Inman - Thu, 2022-01-13 15:01
Compass has launched its first office in New Hampshire, according to a company announcement. Fifteen top agents will establish the brokerage's presence in Portsmouth.

Layoffs and Acquisitions on the Horizon for Redfin

USA Real Estate News-RISMedia - Thu, 2022-01-13 15:01

Redfin is reshaping its mortgage business in 2022.

The Seattle-based company announced on Jan. 11, that it has agreed to acquire Bay Equity Home Loans, a national, full-service mortgage lender, in a cash and stock transaction worth $135 million.

According to a press release and public filing, the deal, which is expected to close in the second quarter of 2022, will help increase Redfin’s financing capabilities nationally.

Single-family Homeowners Typically Accumulated $225,000 in Housing Wealth Over 10 Years

USA Real Estate News-RISMedia - Thu, 2022-01-13 15:00

Homeownership is the largest source of wealth among families, with the median value of a primary residence worth about 10 times the median value of financial assets held by families. Housing wealth (home equity or net worth) gains are built up through price appreciation and by paying off the mortgage. At the national level, a homeowner who purchased a single-family existing home 10 years ago would have gained $225,000 in home equity if the home were sold at the median sales price of $363,100 in 2021 Q3.

Man threatened to attack, rape multiple real estate agents: Police

USA Real Estate News-Inman - Thu, 2022-01-13 14:55
Police believe 44-year-old Frank Mainka called agents in Mississippi and threatened to rape them during home showings. The incident highlights the challenges agents face when it comes to safety.

K-Pop’s rising star is a Keller Williams real estate agent

USA Real Estate News-Inman - Thu, 2022-01-13 13:09
Realtor and lawyer Sang Min Lim said getting into K-Pop was a way to "stand out" from others in his fields while simultaneously developing one of his passions.

Century 21 icon Phil Yeager dead at 91

USA Real Estate News-Inman - Thu, 2022-01-13 12:57
Yeager spent decades as a franchisor at Century 21, ultimately leading the brand's expansion into Latin America and Europe.
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