10 financial don’ts heading into a recession
Impulse purchases may come back to haunt you when you are presented with an investment opportunity but have no ability to capitalize due to past financial recklessness
by Carl Medford Nov 11
A Keller Williams team leader on essentials for navigating a downturn
Remember, the market doesn't determine your outcome; it only determines you strategy. Make these changes to help motivate your team for what's next
Need to pinch your pennies? These 11 smart-money tips will help
No matter how far along you are in your career, you may come across a dry spell. In real estate, nothing is guaranteed, put your finances first with these tips
by Chris Heller Nov 8
Keller Williams posts 'less than pleasing' 3% drop in sales volume
After 4 straight quarters of declines in transaction volume, new listings, projected closings and written contract volume, Keller Williams' year-to-date sales volume finally took a 3% tumble to $414.7B
by Marian McPherson Nov 3
Hints of more layoffs loom at Mr. Cooper as profits wane in Q3
While growing loan servicing business remains profitable, according to Q3 earnings, paper gains on servicing rights could evaporate if interest rates fall and borrowers refinance out of portfolio
by Matt Carter Oct 28
As US economy zigs upward again, real estate sags
Hits to broker commissions and home construction drove a decline in real estate gross domestic product in Q3 of the year, new data shows
by Daniel Houston Oct 27
Robert Reffkin gets real at Compass REtreat: 'Hope is not a strategy'
At Compass' annual REtreat in Atlanta, CEO Robert Reffkin used his keynote to give an honest and intimate review of his company's post-IPO performance and cast a vision for the future
by Marian McPherson Oct 26
Mortgage rates punch through 7% but may pause for Fed clues
Several Fed policymakers have hinted that they'd be open to a smaller increase in short-term rates in December if there are signs that inflation is starting to ease
by Matt Carter Oct 21
The Agency's Mauricio Umansky on what's hurting brokerages the most
At Inman Connect, Brad Inman and Mauricio Umansky, founder of luxury brokerage The Agency discussed what's happening in the market now and how it's impacting brokers and their agents
by Lillian Dickerson Oct 19
Gary Keller: 2022 poised to become 'second worst' deal year in history
Keller said during Inman Connect, that transactions could be down nearly as much as during the Great Recession, though he added there are still opportunities for those in real estate
by Jim Dalrymple II Oct 18
Pacaso slashes 30% of workforce, citing rising rates and home prices
Pacaso employees impacted by the cuts will be provided severance, health care coverage and career help, Pacaso CEO Austin Allison said during an all-hands conference call Tuesday
by Craig C. Rowe Oct 11
Mixed signals in rental market as half of cities post declines
One economist notes rental demand looks weak through the rest of the year as price growth tapers toward a historically normal pattern
by Taylor Anderson Sep 27
Moody's says odds of recession have risen to 'uncomfortably high' 59.5%
Investors who fund mortgages are demanding unusually high premiums in comparison to government bonds, out of fears the loans they make now could quickly be refinanced if rates drop
by Matt Carter Sep 27
Don't expect mortgage rate relief in 2023, Fannie Mae warns in forecast
Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is under control
by Matt Carter Sep 21
These 3 US states have the most vulnerable housing markets by far
Three states alone accounted for 33 of the 50 markets most vulnerable to a housing downturn in the second quarter, while the South and Midwest remained stable, according to data from Attom
by Taylor Anderson Sep 15