Posts by John Yellig

New-home sales rebound in September as prices hit new record
New-home sales rebound in September as prices hit new record

“There simply aren’t enough homes for sale relative to the demand fueled by millennials armed with low mortgage rate-driven house-buying power." — First American Deputy Chief Economist Odeta...

NAR: Existing-home sales rebound in September
NAR: Existing-home sales rebound in September

The median existing-home price for all housing types in September was $352,800, up 13.3% on an annual basis, as every region in the country registered price...

New-home construction cools in September
New-home construction cools in September

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was...

RE/MAX: Houston housing market takes a pause in September
RE/MAX: Houston housing market takes a pause in September

Days on market rose 7.4% from August, and months supply of inventory slid 5.6%, according to RE/MAX’s National Housing...

MLS consortium scoops up digital MLS Remine
MLS consortium scoops up digital MLS Remine

The acquiring group includes First Multiple Listing Service in Atlanta, MIAMI REALTORS®, ACTRIS MLS in Austin, Texas, and Heartland MLS in Kansas...

Atlanta Realtor named president of AREAA
Atlanta Realtor named president of AREAA

At 37 years old, the new president will be the second-youngest leader of the national nonprofit trade organization, which works to improve the homeownership rate in the Asian-American Pacific Islander...

Coldwell Banker receives 2021 St. Jude New Partner Campaign of the Year Award
Coldwell Banker receives 2021 St. Jude New Partner Campaign of the Year Award

Coldwell Banker's new group originally aimed to raise $250,000, which it did within the first six months of the year, and by October, it had more than doubled its initial...

DepositLink unveils platform to eliminate paper-check payments to broker and title companies
DepositLink unveils platform to eliminate paper-check payments to broker and title companies

The new program, DepositLink Pay, allows a broker, agent or title company to direct buyers and renters to a customized URL or a "Pay" button online to make digital earnest-money deposits and rental payments with no cost to brokers, agents...

MooveGuru opens proptech franchise YourHomeHub
MooveGuru opens proptech franchise YourHomeHub

The user of the app can monitor information about their home and local market conditions, store important documents, generate estimates for home repairs and find a local contractor for more than 1,000 different home-service...

NAR: Pending home sales rebound in August
NAR: Pending home sales rebound in August

All four geographic regions saw increases, led by the Midwest, which clocked a 10.4% rise from July, and the South, where sales rose 8.6%. Pending transactions rose 7.2% in the West and 4.6% in the...

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