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Mortgage rates came down for the third-straight week, but whether the recent trend is a sign of things to come remains unknown, although economists point toward any progress in a resolution in the Middle East as a step in the right direction.  The latest Freddie Mac Primary Mortgage Market Survey® released Thursday shows the average…

The post Mortgage Rates Edge Down for Third Week appeared first on RISMedia.

As affordability remains one of first-time buyers’ biggest hurdles in real estate, the face of homebuying remains squarely retirees and members of older generations who are repeat participants in the housing market. The median age of a homebuyer now stands at 58, and there is “increased buying activity among those over 60,” according to the…

The post Retirees Reign Over Homebuying as First-Timers Remain Older Than Historical Norms appeared first on RISMedia.

After the Real Brokerage completed its acquisition of RE/MAX Holdings this past August, the third quarter earnings for the company revealed a significant shift in revenue, sparked by AI investments and slight drops in agent retention. Tamir Poleg—Real REMAX chairman and CEO—started off the first earnings call for the combined companies, and expressed his confidence…

The post Real REMAX Q3 Revenue Skyrockets; Company ‘Offboards’ Over 1,000 Agents appeared first on RISMedia.

When homeowners think about protecting their property from flooding, the garage may not be the first place that comes to mind. But with its wide entrance, ground-level access and potential gaps around the door, a garage can be a vulnerable point when floodwater collects around a home. A garage door’s bottom seal can help keep…

The post Why the Garage Could Be a Home’s Biggest Flood Weak Spot appeared first on RISMedia.