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Daily market update: April 10, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news: Mortgage Bankers Association’s Mortgage Credit Availability Index The MCAI increased 3.2 percent to 183.4 in March. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening […]

Email signature pro tips to make clients remember you

We’re all salespeople, aren’t we? Every piece of our brand should reflect that — down to our email signatures. A strong email signature is professional and eye-catching. It’s not flashy, but it’s also not boring. That said, there are many differing opinions on what should go into an email signature (and what shouldn’t). Let’s put […]

Crazy Sh*t In Real Estate Episode 21: Come on in

Reposted with permission — show notes and credits available here. When the owner says “come on in” only to show you a naked person in the bedroom, what do you do? Andreea Alexandrescu will tell you what she did when one homeowner did exactly that. Do you have a crazy real estate story to share? Email […]

Paddleboarding Miami agent gives clients the ‘Ritz-Carlton’ treatment

In the Miami Beach real estate market, agent Nick Quay doesn’t so much cold call or door knock — he calls it “dock knocking.”An adept paddleboard racer, he will arrive in the bay of one of Miami’s many islands or waterfront areas with his cute rescue dog, Mia (in her life jacket, of course), and […]

What a wild week meant for bonds (and mortgage rates)

The U.S. 10-year Treasury last Friday closed at 2.38 percent, and today trades at 2.37 percent. So nothing happened this week.Hah.It is worth time-tracking this week’s events versus markets, an excellent illustration of what markets care about and do not.One of my wife’s Bronx nursing school pals for a time worked in an ER in […]

The week in industry hires and promotions: April 3-7, 2017

Who got hired or promoted this week? Here’s our weekly rundown, in chronological order. This week’s new hires April 4 Holly Costello Finlay Management, Inc., a private multifamily property management firm with offices in Florida, Texas, and South Carolina, announced the appointment of Holly Costello as president and chief operating officer. Costello is a 25-year […]

National Association of Realtors advises agents and brokers on legal marijuana

When it comes to marijuana, there’s a crosshatch of laws that real estate brokers and their agents must navigate. The drug is illegal under federal law, but 30 states and Washington, D.C., allow medical use of marijuana.Eight states allow recreational use of marijuana (Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, and Washington).So what’s a broker […]

The week in real estate industry deals: April 3-7, 2017

While real estate agents chase leads and close deals on houses, there’s another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We’ll be recapping every week’s noteworthy deals that didn’t make it into print (and some that did) for your perusal. This week’s deals April 4 Paradym, […]

Real estate market recap, April 3-7, 2017

Check Inman every day for the daily version of this market roundup. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio Home equity rates: Average Home Equity Loan Bank Rates by State | Credio Average Home Equity Loan […]

Realtor.com hires new chief product officer, Chung Meng Cheong

Move Inc., the owner of realtor.com, has hired Chung Meng Cheong as its new chief product officer to “accelerate product development” and improve realtor.com’s user experience.He will fill the shoes of Tapan Bhat, who joined Move in late 2015 but left for NerdWallet in November, said Move spokeswoman Janice McDill.Cheong joins Move from investment guidance provider Financial Engines, where he served as executive vice president […]

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