The Stars Are Aligned For A Bloodletting
It’s Friday desk clearing time for this blogger. “Cooling real estate market trends continued into December 2022, according to reports from the Northern Virginia Association of Realtors and Virginia Realtors. The median sold price for a home also decreased slightly from November 2022, matching December 2021 at a price of $599,000. ‘I think prices will […]
Top-producing brokerage John Stanaland Group joins Douglas Elliman Realty
John Stanaland Group, a top-producing, family-run brokerage from Orange County that closed more than $300 million in sales last year, has left Villa Real Estate and joined Douglas Elliman Realty. The 11-member team focuses on luxury coastal homes and will be based out of Douglas Elliman’s office in Newport Beach. John Stanaland Group holds a […]
Former Fannie Mae chairman Egbert Perry joins Anywhere board
Anywhere Real Estate has expanded its board of directors. The real estate conglomerate has appointed industry veteran Egbert L.J. Perry to its board, according to an announcement on Thursday. “We are delighted to welcome Egbert Perry to the Anywhere Board of Directors. Egbert is a deeply respected and experienced business leader with extensive knowledge of the real […]
3 ways to ramp up momentum for 2023
Are you experiencing the infamous highs and lows of what I call the “sales rollercoaster”? This thrill ride can bring a flurry of deals that take up almost every waking hour, followed by the sudden sound of crickets because all the deals are done and business seems dry. When I encounter real estate agents, both […]
How JVM Lending plans to expand without any loan originators
Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. The majority of lenders easily lost half of the volume last year that they originated in 2021, and LOs who have their own databases to tap into are highly sought after. California-based retail lender JVM […]
Biden administration rolls out renter protections as rent prices soar
As housing prices remain high across the nation, the Biden administration is taking action. The administration announced new actions earlier this week to protect access to housing and make rentals more affordable. According to the White House, roughly 35% of the U.S. population — or over 44 million households — live in rental housing, but […]
Russia’s 2024 Presidential Election: A Critical Inflection Point?
Even though Russia’s elections have been little more than window dressing to maintain a veneer of legitimacy in the Putin era, Russia’s 2024 presidential election could be a critical inflection point in Russia’s history under the backdrop of President Vladimir Putin’s 2022 invasion of Ukraine. While it may be counterintuitive to describe Russia’s elections as […]
Top Fairway LO Dave Medina decamps for Movement Mortgage to spread his wings
Top-producing loan officer Dave Medina and his team at the Temecula, California-based branch have left Fairway Independent Mortgage to join Movement Mortgage. The move, which marks the start of Movement’s branch partnership strategy, comes four months after the South Carolina-based lender hired two top executives away from Fairway. “In the 20 years that I’ve been […]