Mohan Chalagalla REALTOR®License #: CA DRE 01906706

Mohan Chalagalla REALTOR®License #: CA DRE 01906706

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Deadline Extended to Nominate a 2023 Rookie of the Year

USA Real Estate News-RISMedia - Tue, 2023-06-06 14:02

If you missed the Monday deadline to submit a candidate for RISMedia’s second-annual 2023 Rookie of the Year, you have a little more time to get those nominations in. Nominations may be submitted here through midnight on Monday, June 12.  This year’s Rookie of the Year contest will include honors for five regional winners, which…

The post Deadline Extended to Nominate a 2023 Rookie of the Year appeared first on RISMedia.

Cash Rules, New Study Finds

USA Real Estate News-RISMedia - Tue, 2023-06-06 14:01

Since October 2022, the share of buyers purchasing their home without a mortgage has consistently been more than one-quarter of the market. The share is collected monthly in the REALTORS® Confidence Index and includes buyers who purchased primary homes, investors and vacation buyers. These all-cash homebuyers are happily avoiding the higher mortgage interest rates, which…

The post Cash Rules, New Study Finds appeared first on RISMedia.

Mortgage Originations Fall to 20-Year Low

USA Real Estate News-RISMedia - Tue, 2023-06-06 14:00

In Q1 2023, 1.25 million mortgages secured by residential properties (1 to 4 units) were originated, down 19% from Q4 2022 and the eighth quarterly decrease in a row, according to a new report from ATTOM. ATTOM’s Residential Property Mortgage Origination Report for Q1 2023 found that the 1.25 million mortgages was down 56% from…

The post Mortgage Originations Fall to 20-Year Low appeared first on RISMedia.

How 1 real estate investor beats the banks amid rising interest rates

USA Real Estate News-Inman - Tue, 2023-06-06 12:51
Brad Smotherman bought 28 homes last month without traditional financing. He plans to double his business by the end of 2024. The Tennessee real estate investor told Inman how he does it.

Bridge loans for investment properties: What you need to know

USA Real Estate News-Inman - Tue, 2023-06-06 12:26
Bridge loans offer investors a quick and flexible way to finance an investment property, but they come with some disadvantages, writes Luke Babich, chief sales officer at Clever Real Estate.

Former Compass marketing executive moves to Christie’s-Sereno

USA Real Estate News-Inman - Tue, 2023-06-06 11:56
In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. A former marketing executive at Compass California and Pacific Union International is moving to Christie’s […]

This semi-retired broker is shifting the conversation around ADUs

USA Real Estate News-Inman - Tue, 2023-06-06 11:53
As the ADU trend continues to gain traction, Kendyl Young's role in equipping agents with the tools they need to navigate this new landscape is vital. Brandon Doyle talks to her about how she's helping to educate agents on this niche.
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