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UCO Forms Partnerships With Organizations on Three Continents
Universal Consulting Opportunities (UCO)—a subsidiary of Stellar MLS—has announced it is connecting with international leaders, government officials and real estate pioneers to transform the industry on a global scale. UCO stated it has been actively guiding MLS initiatives worldwide and has formed strategic partnerships with international real estate organizations across three continents. At the forefront…
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Atlanta Fed President Discusses Affordability, Inflation at “Fireside Chat”
The Urban Land Institute Housing Opportunity Conference, held in Atlanta, Georgia, brings together housing professionals in the private and public sectors. At the conference Raphael Bostic—the president of the Federal Reserve Bank of Atlanta—fielded questions from Dennis Shea, executive director of the J. Ronald Terwilliger Center for Housing Policy. Bostic has previously served on the…
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Pending US home sales slide to an all-time low in January - The Baltimore Banner
Pending US home sales slide to an all-time low in January The Baltimore Banner
RE/MAX Debuts New Digital-First Branding at Annual R4 Conference
LAS VEGAS—The world and the real estate industry is evolving—and the RE/MAX brand is following suit. In order to help affiliates stand out in the online and social media environments, where the homebuying and selling journey begins, RE/MAX introduced a refreshed, digital-first balloon logo and logotype during the 2025 RE/MAX® R4® convention in Las Vegas…
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CoStar Group looks to hire 1K employees in 2025
CoStar Group announced plans on Monday to add 1,000 new employees to its Richmond, Virginia, campus. The hiring push also comes with cuts to a number of unspecified teams.
Mortgage Rates Reach Lowest Level in Over Two Months
Mortgage rates have officially fallen to the lowest level seen in over two months, but remain hovering not too far below 7%. The average 30-year mortgage rate decreased from 6.85% last week to 6.76% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. “The drop in mortgage rates, combined with…
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WATCH: Real Estate Leaders Discuss Commission Conversation Strategies
“Commission Conversation Strategies” A video panel discussion from RISMedia’s Rocking in the New Year 2025 with: Jessica Edgerton, chief legal officer/executive vice president of Industry and Learning, Leading Real Estate Companies of the World® Jillian Young, president, Premiere Plus Realty Darryl Davis, owner, Darryl Davis Seminars Keith Robinson, chief strategic officer, NextHome, Inc. Overview In…
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Pending Home Sales - National Association of REALTORS®
Pending Home Sales National Association of REALTORS®
Pending home sales fall 4.6% to an all-time low, NAR says
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6 percent to 70.6 in January, marking an all-time low, while pending transactions fell 5.2 percent year over year.
Home values have surged at 2X the normal rate since pandemic
Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows.
Pending Sales Shrink as Economists Fear Extended Winter Freeze
Prospective homebuyers and sellers remain cold, wary and economically pressured this winter, as the latest data from the National Association of REALTORS® (NAR) showed a not-insignificant 4.6% drop in pending transactions in January, with economists continuing to point at affordability as the biggest long-term barrier to more activity. Pending sales were also down 5.2% from…
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