by Christina Hughes Babb | Oct 28, 2020 | Industry News
California-based US Real Estate Services, Inc. (USRES), provider of default management and portfolio services, announced today that Garrett Mays has been promoted to VP of Valuations and Vendor Management. Mays oversees the daily operations of the valuation department and manages the company’s business partner networks. He joined the company more than 12 years ago and [...]
by Christina Hughes Babb | Oct 28, 2020 | Industry News
The competition among homebuyers is intense and home prices have been soaring in recent months. The cause of this heated competition and rising prices is the short supply of homes for sale. This lack of inventory has been prevalent across the country since COVID-19. New data from a Zillow survey shows how the pandemic may be [...]
by Christina Hughes Babb | Oct 15, 2020 | Industry News
The third quarter saw the largest increase of luxury home sales since 2013 with a 41.5% increase year-over-year, according to a report from Redfin. At the same time, “expensive” home sales rose by just over 17% year-over-year. Mid-priced home sales went up by 3% and affordable homes went down by 4.2%. The most affordable housing sales [...]
by Christina Hughes Babb | Oct 15, 2020 | Industry News
The National Association of Realtors (NAR) Tuesday launched a Spanish version of its website, NAR en Español. The sub-site evolved from NAR's Spanish-language Facebook page into the "comprehensive collection of resources" the associations now offers its Spanish-speaking members, NAR representatives say. "The vision that NAR’s Engagement team has shown throughout the development of NAR en Español [...]
by Christina Hughes Babb | Oct 15, 2020 | Industry News
Austin, Texas-based Keller Williams (KW) has reorganized itself, executives say, by creating a new holding company structure. Effective immediately, Gary Keller has stepped down from his role as CEO. As president, Josh Team assumes all duties and responsibilities previously held by Keller. Keller Williams Realty will no longer have a CEO; however, Keller will become [...]
by Christina Hughes Babb | Oct 5, 2020 | Industry News
Carrington Mortgage Services (CMS), a large, privately held non-bank lender, recently announced specialized training for brokers, according to a press release first published on businesswire.com. Because today’s lending market is changing at such a rapid pace, CMS reports, it is essential for brokers to be intimately familiar with the latest trends and products, so they can provide [...]
