Real Estate News

NAR’s Yun Predicts Interest Rate Cuts, With More to Come in 2025

Interest rates may be seeing their first cut this fall, possibly even as soon as September, according to the National Association of REALTORS®’ (NAR) Chief Economist Lawrence Yun. Yun shared this prediction and more during NAR’s recent Residential Real Estate Forecast Summit for 2024. The biggest question looming on many in the industry’s minds is,…

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‘Heading in the Direction of Normality’; Brian Buffini Says Agents Should Prepare for a Sales Surge This Fall

Brian Buffini, chairman and founder of Buffini & Company, hosted his Bold Predictions Mid-Year 2024 Real Estate Market Outlook on Monday, July 22, where he was joined by the National Association of REALTORS®’ (NAR) Chief Legal Officer Katie Johnson for a closer look at what’s taking place behind the numbers in real estate. Buffini and…

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NAR Appears Open to Amending or Repealing Clear Cooperation

Back in January, the National Association of REALTORS® (NAR) agreed to extend the statute of limitations in a pocket-listing lawsuit, court documents revealed, with a lawyer representing the REALTOR® organization telling a judge in a separate case last week that NAR needed time to decide if it was “amenable” to repealing or amending the Clear…

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Reestablishing Value Amid Uncertainties: Harnessing Comprehensive Data for Success

The real estate industry is facing rapid changes and uncertainties. The recent National Association of REALTORS® (NAR) settlement and lawsuits alleging price fixing and artificial inflation have sent shockwaves through the sector. The decoupling of buyer and seller commissions further complicates the landscape, necessitating a reevaluation of how we establish and maintain value. One thing…

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Home Prices Jump Again, Setting Record High for Second Straight Month

Existing-home sales were down again in June as the median sales price climbed to the highest price ever recorded for the second consecutive month, according to the latest data released Tuesday from the National Association of REALTORS®. The median existing-home price for all housing types in June was $426,900, up from $419,300 last month and…

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Social Skills: Mastering Social Media Trends to Stay Ahead in Real Estate

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. In today’s dynamic social media landscape, trends evolve faster than a market listing. Staying ahead of the curve is more than just a good strategy—it’s essential for survival.…

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Buffini & Company Launches New Designation Training Program

Buffini & Company is launching a new training program for real estate professionals to win business as they face the new rules of real estate. The company stated the new Certified Full-Service Professional (CFSP) designation training program is aimed at helping real estate professionals attract and keep customers, communicate their unique selling proposition and stand…

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Century 21 Expands in Washington with Affiliation of Blue Chip Realty

Century 21 Real Estate LLC. is fortifying the CENTURY 21® Brand’s presence in the Pacific Northwest with its latest affiliation of Blue Chip Realty based in University Place.  The four-year-old brokerage was founded by current broker/owner and Tacoma native Greg Pubols. Pubols started his professional career as a Certified Public Accountant before transitioning into real…

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How to Negotiate Offers on Your Home: A Step-by-Step Guide

Negotiating offers on your home can be challenging yet rewarding. My guide will help you navigate this crucial phase, ensuring you get the best deal possible. I have put significant effort into explaining the following points in detail: Step-by-step negotiation tactics for homeowners How market conditions impact your negotiation strategy Effective methods for handling multiple…

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Judge Allows Pocket-Listing Lawsuit to Move Forward ‘Immediately’

A district court judge is allowing a lawsuit by a pocket listing company that was previously dismissed to go forward, after an appeals court in a separate case overturned the dismissal. The case titled Top Agent Network v. National Association of REALTORS et al, which is focused on “clear cooperation,” was originally filed back in…

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