Over the course of my decades-long real estate career, thousands of agents either worked for me or crossed my path, giving me priceless insights into how top producers operate, what they bring to the field and the characteristics that separate them from the rest. All of these stand-out agents had a handful of key traits […]
New Realogy CEO and former credit card exec Ryan Schneider isn’t wasting time in putting his stamp on the real estate giant. The company announced a host of changes in key positions across several of its notable brands this morning. Namely… Ryan Gorman Ryan Gorman was named President and Chief Executive Officer of NRT LLC, and […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Friday, January 5 U.S. Bureau of Labor Statistics Employment Situation — December 2017 Source: U.S. Bureau of Labor Statistics Total nonfarm payroll employment increased by 148,000 in December, and the unemployment rate was unchanged at 4.1 […]
Will 2018 be the year Airbnb becomes “fully legal” in New York City? If New York State Senator John Bonacic has his way, it seems so. On January 3, Bonacic introduced Senate Bill S7182 (see bill below), which proposes a number of amendments to the 1929 Multiple Dwelling Lawn that currently bans homeowners from renting […]
Nearly a month after the Federal Reserve raised benchmark interest rates by 25 basis points, mortgage rates have remained stubbornly low, with 30-year fixed-rate mortgages dipping to 3.95 percent, according to Freddie Mac in its first Mortgage Market Survey of the new year. The slight 4 basis-point dip, from 3.99 percent to 3.95 percent for […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, January 4 Freddie Mac Primary Mortgage Market Survey 30-year fixed-rate mortgage (FRM) averaged 3.95 percent with an average 0.5 point for the week ending January 4, 2018, down from last week when it averaged 3.99 […]
Luxury real estate brokerage Hawaii Life has merged with top-tier Honolulu boutique Choi International, which will now be known as the Choi Group with Hawaii Life, effective immediately. For Hawaii Life principal broker and CEO Matt Beall, Choi International’s decision to join forces with his brokerage — after approaches from a number of others over […]
The Fed has several jobs. The long-term one overrides all: stable purchasing power in the dollar — which means neither excessive inflation nor deflation, a target of 2 percent annual inflation (much lower is as damaging as much higher). The Fed’s second job: try to maintain a stable economy — raise the cost of money […]
Gold watches aren’t the only thing some retirees are taking with them into retirement: they’re also carrying a mortgage. According to American Financing’s “Retirement and Mortgages” survey, nearly half (44 percent) of all 60- to 70-year olds exit the workforce while still making house payments. A third say it will be eight more years before their […]
Peter Lorimer quickly became the no. 1 Keller Williams agent in Los Angeles not by being a door-knocking suit (that’s just not for him) but by embracing his easy-going (but hard-working) personality. Today, he owns the successful PLG Estates, where he continues to grow the brand he established. Tune in to Lorimer’s ICSF 2017 session […]
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