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Leading Edge splits from Re/Max

The large New England franchisee is going indie, but Re/Max Integra CEO says the company will work to place willing agents at other Re/Max franchises. Source: click here

Prospective buyers aren’t afraid of rising mortgage rates: Redfin

Prospective homebuyers aren’t being scared away by rising mortgage rates — even if they creep up over 5 percent for a 30-year mortgage — according to a new study from Redfin. Of the more than 1,300 respondents surveyed by the Seattle-based real estate brokerage in May, only 5 percent said they’d call off their home […]

Fighting back: Using hands-on industry knowledge to stay ahead

How are real estate broker-owners responding, adapting or changing? Here’s what Eddie Berenbaum, co-founder and president of Century 21 Redwood Realty, is doing. Source: click here

Wanna meet buyers and sellers in a 5-mile radius? Try Nexme

There are already a few startups that promise to be the Uber of real estate. Now there’s another one: Nexme, an iOS app that connects buyers and sellers to agents on demand. But Nexme is taking its own approach. Source: click here

HUD announces $616M in hurricane recovery aid for Florida

The U.S. Department of Housing and Urban Development (HUD) approved details on Thursday, of a $616 million disaster recovery plan for the state of Florida, nearly 10 months after Hurricane Irma made landfall, killing dozens and potentially causing up to $65 billion in property damage. The plan is part of HUD’s Community Development Block Grant-Disaster […]

1 out of 10 millennials are selling cryptocurrency to afford their first home

One out of every 10 millennials sold cryptocurrency to save for their first home, according to a new survey from Redfin. The survey, released Thursday, was designed to understand the concerns of people planning to buy a home in the next year. It featured responses from 2,000 participants across the U.S. in total and 500 between the […]

HomesUSA.com’s Ben Caballero lands top spot on Real Trends ‘Thousand’ — again

Record-breaking Texas agent Ben Caballero with HomesUSA.com is the top agent in the country once again according to Real Trends. Source: click here

The week in financial markets: the 1970s word nobody wants

Stagflation is very rare — a stagnating economy is incompatible with rising inflation. For inflation to rise we must have rising incomes to pull prices up. Source: click here

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