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The 30-year fixed-rate mortgage (FRM) decreased to 7.09% from 7.22% last week, the first decrease seen since they began rising five weeks ago in March, according to the latest Primary Mortgage Market Survey® from Freddie Mac. This week’s numbers:  The 30-year FRM averaged 7.09% as of May 9, 2024, down from last week when it…

The post Mortgage Rates See First Reprieve in 5 Weeks appeared first on RISMedia.

This week, my travels find me at home on Monday morning conducting WIG calls with our CEO’s. On Monday afternoon I traveled to Orange County, CA for business meetings and to participate at the Mike Ferry West Coast Management Retreat. As I reflect on the vibrant discussions at the Mike Ferry West Coast Management Retreat,…

The post Thoughts on Leadership: The Formula for Excellence appeared first on RISMedia.

Clockwise from top left: Howard Hanna agents Kim Crane, Jason Sekody, Kelly Huff and Ryan Shedlock Editor’s Note: The Buyer-Agent Playbook is a new iteration of RISMedia’s biweekly Playbook segment, specifically centering on buyer agency and how agents are navigating the changes and trends in a post-NAR-settlement environment. The series will provide brokers and agents…

The post The Buyer Agent Playbook: Ready, Willing and Able appeared first on RISMedia.

In a generally upbeat Q1 earnings report May 8, residential real estate company Compass showcased $1.05 billion revenue, a 10% increase from Q1 2023. The company attributed the revenue gain to a 7.1% increase in transactions. On the negative side, Compass lost $132.9 million in Q1, still an improvement over the $150.2 million it lost…

The post Directionals Point North for Compass With Strong Q1 Earnings, Agent Gains appeared first on RISMedia.

KKR and Amante Capital acquire 132-key London hotel  Yahoo Finance

This Week's London Deal Sheet (May 5, 2024)  Bisnow

CRPTF plans $400m commitment to Artemis and Sterling US real estate funds  IPE Real Assets

Derwent London Confirms Cushman & Wakefield Letting as Occupier Demand Strengthens  CoStar Group

Blueprint: Stoneshield's €750m Opportunity Fund III closing, a look inside today's limited partner advisory committees ...  PERE

Judge axes home buyers' attempt to halt real estate settlements  Global Competition Review

NYC real estate developer charged with driving into woman at pro-Palestinian protest  ABC News

Diversity is the way of the future, writes The Agency’s Mauricio Umansky. Here, he unpacks the advantages of intentionally building a diverse team for your clients, your agents and your business.

Learn how this Manhattan Beach broker brings client-first service and genuine care to his Southern California market.

Want your agents to look forward to meetings? Broker Joseph Santini shares five tips for making your office meetings must-attend events (and five things to avoid at all costs).

Greece, Portugal, Spain golden visas boosted economies, housing crisis  Business Insider

Ares Real Estate, EQ team up on $500 mln UK hotels acquisition  Reuters

Derwent London shrugs off concerns about the commercial property market with new Cushman & Wakefield deal  Yahoo Finance UK

Copper edges up in London on China's trade data, property support  Business Recorder

LTNs are boosting London property prices, but at what cost?  Property Reporter

London found to have the weakest housing market ripple effect  Property Reporter