Consumer Tips

    U.S. Unemployment Edges Down to 3.5% in September, Though Job Additions Lag

    The unemployment rate in America was down to 3.5% in September, returning to its July level, while the number of unemployed persons edged down to 5.8 million in September, according to the latest report from the U.S. Bureau of Labor Statistics (BLS). More Americans are working now than ever before, with 153 million on the…

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    Mortgage Mix: Rates See a Slight Decrease While Applications Drop

    Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. Mortgage applications dropped to their slowest pace in 25 years, down 14.2% from a decrease of 3.7% the week prior, the Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) Freddie Mac’s Primary Mortgage…

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    Homebuying Sentiment Dips to 11-Year Low in September, Fannie Mae Says

    Potential homebuyers aren’t seeing much light at the end of the tunnel as long as inventory and affordability challenges maintain their presence in the housing market. This was evident as recent data from Fannie Mae showed that consumer sentiment toward buying homes dipped for the seventh consecutive month. The organization’s Home Purchase Sentiment Index (HPSI)…

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    The Best Cities for Remote Workers

    Atlanta is the best city for remote workers, followed by several other Southern cities, according to a new report from CoworkingCafe, released this week. The report rated U.S. cities across 10 metrics relevant to remote workers’ needs–including local internet speed and coverage, availability of coworking places, and cost of living. Key findings: Out of the…

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    Multifamily Rents Stand Still in September

    Demand for multifamily rental units has slowed but occupancy remains high as the market adjusts to the cooling of the economy, according to a new report from Yardi Matrix released this week. The report found that multifamily rents remained unchanged in September, as year-over-year growth dropped below 10% for the first time since July 2021.…

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    Meet the Rookie of the Year Finalists: Kelly Sand and James Webb

    Earlier this year, RISMedia launched its inaugural Real Estate Rookie of the Year award, recognizing new agents for their accomplishments in 2021. Selected from hundreds of nominations, the Top 10 finalists of the program, designed to honor real estate agents who are new to the business yet achieving extraordinary results, were announced early last month.…

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    CRD Connect: Make the Most Out of the NAR NXT Experience

    The most anticipated educational and networking event of the year is nearly here. NAR NXT, The REALTOR® Experience, will be held Nov. 11 – 13, 2022, in Orlando, as well as online. Formerly known as the REALTORS® Conference & Expo, this annual event has been reimagined to optimize opportunities to learn, connect and be inspired.…

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    Power Broker Perspectives: Facilitating Growth

    VITALS: Long Companies Years in business: 96 Size: 14 company-owned offices and 20 franchises, 2,000 agents Coverage Area: Arizona 2021 Transactions: 13,900 2021 Sales Volume: $5.414 billion www.longrealty.com  After graduating with a degree in business and finance, Reneé Gonzales worked in Omaha, Nebraska, as a loan officer. In 2004, she moved to Tucson, Arizona, to…

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    How to Find and Buy Abandoned Homes

    Abandoned homes are those that a property owner has voluntarily left. Typically, properties are considered abandoned when the homeowner has not lived in the house for several years. In order for there to be an abandonment, there must be ample evidence that the homeowner has relinquished their rights and control of the property. When property…

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    New Brokerage, CENTURY 21 Naomi, Opens in Utah

    Randi Smith, a Northern Utah specialist in rural housing, farm and land development, has announced that she will be opening the new brokerage CENTURY 21 Naomi. Smith, who will serve as broker/owner, has a plan to grow a team of sales professionals and leverage the CENTURY 21® brand’s comprehensive resources to help this team and…

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