US household wealth rises in Q2 to record $163.8 trn on real estate gains  Business Standard

Many Americans are renters—and while it’s still considered a more affordable option than buying a home, renting comes with its own cost burdens. These burdens are not limited to the lowest-income renters either. Harvard University’s Joint Center for Housing Studies recently published a paper tackling this very issue, titled “Subsidizing the Middle: Policies, Tradeoffs, and…

The post Harvard Study Investigates Renters’ Cost Burdens and Prescribes Solutions appeared first on RISMedia.

August marked the eighth consecutive month in which Manchester, New Hampshire, was ranked the hottest U.S. market by Realtor.com. The top 20 hottest markets were all in the Northeast and Midwest.

Good news for those hoping for more decreases in mortgage rates this week, however the same challenges persist regarding affordability and inventory, preventing a meaningful break in the hindered housing market. The 30-year fixed rate mortgage averaged 6.20% this week, down from 6.35% last week, according to the latest Primary Mortgage Market Survey® (PMMS®) released…

The post Mortgage Rates Drop to their Lowest Level in 19 Months appeared first on RISMedia.

US household wealth rises in Q2 to record $163.8 trln  Reuters.com

US household wealth rises in Q2 to record $163.8 trln  Reuters

It’s never too early to plan for the future, especially when working in the fast-paced real estate industry. As we approach the end of the third quarter, now’s the time to map out the specific areas you want to focus on so that you’re set up for continued success. To get some perspective, we asked…

The post Preparing for the Future: The Fundamentals appeared first on RISMedia.

US Household Wealth Hits Record $163.8T on Real Estate Gains  Newsmax

A New Federal Reporting Requirement Has Been Established for Non-Financed Transfers of U.S. Residential Real Estate to a Trust or Legal Entity  JD Supra

US Household Wealth Rises in Q2 to Record $163.8 Trln  U.S News & World Report Money

US household wealth hits record $163.8 trln on real estate gains  Reuters.com

US household wealth hits record $163.8 trln on real estate gains  Reuters

Women Leading Real Estate in London  Bisnow

Everyone has strengths and weaknesses. The job of a real estate agent encompasses a great many skills, and you are unlikely to perfect every one of them. But, like with all professions, some skills are more important than others. And when you must showcase them over and over again in order to succeed with current…

The post 4 Skills You Must Excel at to Succeed as an Agent Going Forward appeared first on RISMedia.

It’s a tough market, but this is the market where careers are made, Real’s Jimmy Burgess writes. Double down on your work ethic, sharpening your skills and serving others.

Declining mortgage rates and more inventory are making the market slightly less challenging for homebuyers in the Mid-Atlantic, according to a recent report from Bright MLS. Bright MLS’s Housing Report for August found that an increase in inventory is providing more options for home buyers. Data shows a total of 37,340 active listings on the…

The post Inventory Increases in the Mid-Atlantic, Bright MLS Reports appeared first on RISMedia.

Canada pension fund HOOPP outlines UK, Europe investment goals  Yahoo Canada Finance

Canada pension fund HOOPP outlines UK, Europe investment goals  Reuters.com

As Tom Petty sang, “The waiting is the hardest part.” Was he referring to homebuyer hopefuls? Not sure, but either way, it’s almost go-time for those who’ve waited patiently for mortgage rates to finally begin a downward trajectory after years of staying in the high sixes, sevens and even briefly the eights. Inflation has cooled,…

The post Buyer Agent Playbook: 3 Reasons Clients Must Buy Now Instead of Waiting appeared first on RISMedia.

After nine years with Compass, Bobby Jones has joined Douglas Elliman as its executive director of luxury sales. Jones specializes in listing waterfront and luxury estates across South Florida.