Consumer Tip Videos

Rocket Mortgage Focuses on AI as Earnings Continue to Grow

Rocket Companies stated that they are increasing their focus on technology and AI as they continue to thrive amidst mortgage and housing market challenges. 2023 had some ups and downs for the company, like many others. Despite the lawsuit filed against the company for an alleged violation of the Telephone Consumer Protection Act and a…

The post Rocket Mortgage Focuses on AI as Earnings Continue to Grow appeared first on RISMedia.

eXp Posts Profitable Q4, Positioned to Capitalize on Future Growth Opportunities

Last year was filled with pressing difficulties in the real estate realm—throughout the United States and beyond—although virtual brokerage eXp was able to increase its Q4 revenue by 5%, a notable jump compared to the same period in 2022, amounting to $983 million year-over-year. Full-year revenue amassed $4.28 billion. It’s worth highlighting, however, that the…

The post eXp Posts Profitable Q4, Positioned to Capitalize on Future Growth Opportunities appeared first on RISMedia.

ICE First Look: January Mortgage Delinquencies Drop to Lowest Level Since October

Good news for homeowners: Mortgage delinquencies are on the decline, dropping to their lowest point since October 2023, according to Intercontinental Exchange’s (ICE) First Look at January 2024’s mortgage performance data. The national mortgage delinquency rate dipped to 3.38% in January, marking a welcome fall from the holiday-driven bump seen in December 2023 but flat…

The post ICE First Look: January Mortgage Delinquencies Drop to Lowest Level Since October appeared first on RISMedia.

New York Median Home Price Climbs 8.2% in January

In January 2024, OneKey MLS—which covers the New York market territories of Montauk to Manhattan, as well as north through the Hudson Valley and the Catskill Mountains—reported a regional, single-family, closed median sale price of $649,000, an 8.2% increase over the reported January 2023 price of $600,000.  For condominiums, OneKey MLS reported a closed median…

The post New York Median Home Price Climbs 8.2% in January appeared first on RISMedia.

Following Bailey Exit, New RE/MAX President Says Agent Growth Is Priority One

Following the unexpected news Thursday that RE/MAX CEO Nick Bailey is leaving the company, which was released in tandem with the announcement of the company’s continued revenue declines for Q4, newly promoted RE/MAX LLC president Amy Lessinger said agent and brokerage growth is priority number one. “I’m ready to hit the ground running – and…

The post Following Bailey Exit, New RE/MAX President Says Agent Growth Is Priority One appeared first on RISMedia.

Thoughts on Leadership: Honoring Black History Month

As February 2024 marks Black History Month, it’s a time to reflect on the profound contributions and enduring legacy of Black leaders throughout history. From civil rights activists to trailblazing entrepreneurs, Black individuals have shaped our world and inspired generations with their resilience, courage, and visionary leadership. In honor of Black History Month, let’s explore…

The post Thoughts on Leadership: Honoring Black History Month appeared first on RISMedia.

Global Spotlight: Alluring European Locales

A villa in the Algarve region of Portugal Casaiberia Real Estate Lagoa, Portugal Paulo Lopes, CEO  https://www.casaiberia.com  Tell us about your company.  Casaiberia, established in 2007, stands as a prominent figure in Portugal’s real estate realm. With a diverse, multilingual team, our roots intertwine with Portugal’s international allure, embracing first-hand experiences of relocation and property…

The post Global Spotlight: Alluring European Locales appeared first on RISMedia.

Fed Minutes Hint at Policy Pivot Toward Rate Cuts, but Inflation Vigilance Remains

The Federal Reserve acknowledged in its last meeting that rates have likely hit their peak, but they’re continuing to keep a watchful eye on key economic indicators and inflation, balancing a sense of optimism with some caution, according to meeting minutes released Wednesday. The minutes from the Jan. 30-31 meeting of the Federal Open Market…

The post Fed Minutes Hint at Policy Pivot Toward Rate Cuts, but Inflation Vigilance Remains appeared first on RISMedia.

Tennessee Brokerage Joins Better Homes & Gardens Real Estate

Better Homes and Gardens Real Estate Heritage Group located in Shelbyville, Tennessee, is the latest firm to join the lifestyle real estate brand. Founded in 2010, the company is headed by its six-person leadership team of Tennessee natives: Melissa Sterling, who serves as principal broker, Jeff Hicks, David Bradford, Jordan Cooper, Reed Emerson and Leigh…

The post Tennessee Brokerage Joins Better Homes & Gardens Real Estate appeared first on RISMedia.

Emotional Considerations and Conflict Resolution In a Home Buyout

Home buyouts, especially in the throes of a divorce or during the challenging process of family inheritance, are laden with more than just financial considerations; they carry a heavy emotional weight. Often seen as a haven and a repository of memories, the home becomes a central figure in these life-altering events. Recognizing and addressing the…

The post Emotional Considerations and Conflict Resolution In a Home Buyout appeared first on RISMedia.