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“Not in my backyard.” That phrase has sounded out so many times—directed at land use experts, local politicians and housing developers—that it now has its own acronym. The NIMBY phenomenon, or NIMBYism can be found in nearly every community across the country, with roots going back 50 years or more. Growth or development that is […]
The post Grass-Roots Development Opposition Hinders Healthy Growth appeared first on RISMedia.
2021 ended with more good news for home builders, with December seeing the third straight month of new residential construction increases, according to the latest report from the Commerce Department release Wednesday. Growth was primarily driven by a 5% increase of multifamily structures, with the month seeing a 2.3% decrease in single family home construction. […]
The post December Marked 3rd Straight Month of Increased Housing Starts for Builders appeared first on RISMedia.
The Market Composite Index, a measure of mortgage loan application volume, increased 2.3% on a seasonally adjusted basis during the week ending January 14, 2022, compared with the previous week. On an unadjusted basis, the Index increased 3%, according to the Mortgage Bankers Association (MBA). The Refinance Index, on the other hand, decreased 3% from the […]
The post Mortgage Applications Increased More than 2% Week-Over-Week appeared first on RISMedia.
Leading Real Estate Companies of the World® announced today that it has selected Pacaso for its Solutions Group program, a collection of preferred business resources for the global network of 550 real estate firms. Pacaso is a tech-forward real estate platform that helps people buy and co-own a luxury second home for a fraction of […]
The post LeadingRE Selects Pacaso for Solutions Group Program appeared first on RISMedia.
Berkshire Hathaway HomeServices PenFed Realty, one of the country’s fastest-growing brokerages, with 2,000 agents and $8 billion in annual sales, today announced a merger with Berkshire Hathaway HomeServices McNelis Group Properties of Solomons, Md. Led by founder and Principal Broker Chris McNelis, The McNelis Group Properties opened its doors in 2006 with one office on […]