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Existing-home sales take a sleigh ride to the sky with highest jump since 2021

Housing Wire

The housing industry is getting an early Christmas gift. The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 The jump in sales gives the market momentum heading into 2025, which is expected to outperform 2024. million, a 4.8%

Sales 451
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Century 21 CEO talks industry consolidation, filling market gaps

Housing Wire

As the real estate industry faces unprecedented transformation, Century 21 Real Estate has stayed active through aggressive franchise growth, market consolidation and engagement with evolving homebuyer demographics. What’s driving this level of expansion and how does it fit into where the industry is heading?

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Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

There is constant movement in the mortgage industry with the desire for growth and expansion. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. Regulatory compliance The mortgage industry is heavily regulated and subject to scrutiny by both State and Federal agencies.

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The biggest challenge for the reverse industry in 2024? Mortgage rates

Housing Wire

That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. Peter Sciandra, who serves as EVP of reverse lending secondary marketing at Fairway Independent Mortgage Corp. I think that’s true from an industry standpoint.

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Pending home sales rise again as buyers capitalize on more inventory

Housing Wire

A report released Monday by the National Association of Realtors (NAR) showed an increase in pending home sales for the fourth consecutive month. NAR’s Pending Homes Sales Index (PHSI) report is a forward-looking source that predicts home sales based on contract signings. The report found that pending home sales jumped 2.2%

Sales 427
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Kamini Lane wants to change the narrative for the real estate industry

Housing Wire

Roughly two years after Kamini Lane took the helm at Coldwell Banker Realty , the real estate industry has gone through quite a bit of change and faced its fair share of challenges. Brooklee Han: There is a lot going on right now that is impacting the real estate industry. This conversation has been edited for length and clarity.

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RARE, a Canadian brokerage featured on reality TV, enters the US market

Housing Wire

market is led by company founder Adam Stern, who has more than 20 years of experience in the real estate industry. .” market is led by company founder Adam Stern, who has more than 20 years of experience in the real estate industry. billion in sales in less than four years.

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