Newsmaker Spotlight: Kevin Levent on New Tools and Inspiring Agent Buy-In
Kevin Levent is the president and CEO of Better Homes and Gardens Real Estate (BHGRE) Metro Brokers, where he leads daily business operations and growth for the Georgia-based company. Leveraging more than 24 years of real estate experience, he’s helped launch new tech-enabled tools to help BHGRE and its 2,500-plus agents remain productive during the […]
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Recent Stock Market Volatility Dangerous for Real Estate? Experts Unconvinced
Real estate experts believe recent stock market volatility isn’t concerning as long as it’s temporary, despite a rocky start to the week for trading, as well as global events worrying investors. According to Ruben Gonzalez, chief economist for Keller Williams, recent declines in the market are mainly due to fears on Wall Street that the […]
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Post-Pandemic Luxury Trends Beginning to Emerge
A new report from Berkshire Hathaway HomeServices is shedding some light on what the post-pandemic luxury real estate market might look like as the travel restrictions and financial upheavals of the pandemic begin to settle and wealthy homebuyers begin assessing their preferences and needs in a changing world. Of particular interest is a continued demand […]
New-Home Sales Bump Up Monthly but Still Lag Behind Last Year’s Levels
New-home sales increased for the second consecutive month, up 1.5% to a pace of 740,000. Year-over-year, sales are down for the third month in a row. Market breakdown: New-Home Sales: 740,000 For-Sale Inventory: 378,000 Months’ Supply: 6.1 months Median Price: $390,900 What the industry is saying: “Sales of new homes registered below year-ago levels, for […]
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MBA: Impact of Climate Change on Housing
The Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA) recently released a report—”The Impact of Climate Change on Housing and Housing Finance“—which shows that climate change will be adding stress to “the complex system of allocating risks across housing and housing finance stakeholders. Key findings: – Climate change will place increasing stress on […]
Thoughts on Leadership: A Rescue to Remember
Keynote speaker Jessica Buchanan, a former humanitarian worker turned bestselling author, shared her story during a recent BHHS conference. Of course, the networking and seeing people in person was fantastic (the Global Conference and Meeting team does an incredible job each year), but Jessica’s talk had everyone in the room glued to their seats. It […]
Berkshire Hathaway HomeServices Expands in Pacific Northwest Region
Berkshire Hathaway HomeServices recently announced its continued growth in Washington with the addition of Gala Realty Group. The brokerage will add seven real estate professionals and one office operating as Berkshire Hathaway HomeServices Walla Walla Realty. The addition marks the brand’s continued growth in The Evergreen State and the twenty-first franchise in Washington. “When I […]
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FHFA Highlights Importance of Data Disaggregation During Hispanic Heritage Month
As we observe National Hispanic Heritage Month—a celebration of Americans with ancestors in Spain, Mexico, the Caribbean and Central and South America—we want to highlight how FHFA approaches race and ethnicity subgroup data. Latino Americans have historically faced barriers to homeownership, a problem that persists today for some Latino communities. Early land laws and other […]
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Mortgage Rates: Little Movement Amid Slowdown in Global Economic Growth
Freddie Mac’s Primary Mortgage Market Survey (PMMS) was recently released, reporting that the 30-year fixed mortgage rate (FRM) averaged 2.88®. Mortgage details: – 30-year fixed-rate mortgage averaged 2.88% with an average 0.7 point for the week ending Sept. 23, 2021, up slightly from last week when it averaged 2.86%. Last year, the 30-year FRM averaged 2.90%. – […]
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