Restb.ai Debuts New Special Report Series
Restb.ai has debuted a new “Special Report Series” to unlock unique visual insights provided from Restb.ai’s proprietary AI models. The inaugural report is the first-of-its-kind study to examine the impact of floor plans on Days on Market (or DOM). Restb.ai’s study examined 100,000 single-family properties listed between May 1, 2023, and April 30, 2024, across…
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Where Does Kamala Harris Stand on Housing? What You Need to Know
With President Biden bowing out, and Kamala Harris now the likely Democratic nominee for the 2024 presidential election, real estate practitioners will want to know where she stands on key housing issues. After all, it’s hard to understand a leader without understanding the context of her career (Harris didn’t just fall out of a coconut…
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Regional Spotlight: Maine and New Hampshire Outpace Fellow New England States
What region of the country is seeing the most booming real estate market? While the South seems to be the obvious answer currently—with lower taxes and booming industries a natural draw to homebuyers—data suggests 17 out of 20 Sun Belt states are actually overvalued, a tell that a market at least isn’t cold. Research by…
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Mortgage Mix: Regulators Issue Warning on Fintech; VP Harris’ AVM Rule Finalized
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -A rule to create more standards and quality controls for automated value models (AVMs) that are used in mortgages was finalized earlier this month. The changers were originally championed by Vice President Kamala Harris in…
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Potential Rate Cut in September Still in Play After June Inflation Report
The personal consumption expenditures price index (PCE) increased 0.1% in June (slightly up from May’s 0% monthly change) and was up 2.5% from a year ago, according to estimates released by the U.S. Bureau of Economic Analysis on July 26, with the annual rate showing a slight decline from the prior month. The results bode…
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Consumer Sentiment Continues to Fall for Fifth Straight Month
Consumers continued to keep their economic hopes in check in July, as sentiment readings continue to slowly decrease. Consumer sentiment fell 2.6% in July, from 68.2 in June to 66.4, according to the University of Michigan’s latest report. This is the fifth straight month of decreases, with a 0.5% decrease in March, a 1.9% fall in…
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Employee Caught in the Middle of CoStar/Realtor.com ‘Data-Theft’ Case Denies Wrongdoing
James Kaminsky, the former Realtor.com® and current CoStar Group employee in the middle of a data-theft lawsuit between two real estate portal giants, Realtor.com (owned by Move, Inc.) and CoStar’s Homes.com, on July 25 provided his side of the story in a court filing, writing that while he did access documents and information from Move,…
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Inspiring Future Generations
Above, Kimberly Harris Campbell and Kate Reisinger RISMedia’s 36th Annual CEO & Leadership Exchange, set to unfold September 4 – 6 in Washington, D.C., promises to be an unrivaled convergence of industry luminaries and thought leaders—with a star-studded lineup of speakers who demonstrate the depth of expertise and insight crucial to addressing some of the…
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Thoughts on Leadership: The Power of a Morning Routine
This week’s blog is sparked by my recent experience at the Mike Ferry Superstar Retreat in Las Vegas, NV—an annual event that not only gathers the crème de la crème of the real estate world but also serves as a potent reminder of the foundational practices that fuel success. Immersed in the electrifying atmosphere of…
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Bay Realty in San Francisco Affiliates With the CENTURY 21 Brand
Century 21 Real Estate LLC is fortifying the brand’s presence in the San Francisco Bay area with its latest affiliation of long-standing, multi-office firm Bay Realty, which previously affiliated with the brand in 2004. The company consists of two offices, one just east of San Francisco proper in Berkeley and the other in San Ramon.…
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