Cornell   Mann, CCIM

Cornell Mann, CCIM

Principal Broker

License #: 1

Great Western Commercial Real Estate Company

Mobile:
503-939-7146
Office:
503.255.7775
Email Me

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Existing-home sales decline, median sales price hits record high

USA Real Estate News-Inman - Tue, 2024-07-23 14:00
The median existing-home price jumped by 4.1 percent year-over-year to $426,900 for all housing types, marking the second month of record highs.

‘Heading in the Direction of Normality’; Brian Buffini Says Agents Should Prepare for a Sales Surge This Fall

USA Real Estate News-RISMedia - Tue, 2024-07-23 13:58

Despite a barrage of headwinds agents are facing in the current market–notable reductions in sales volume, record-high home prices, elevated inflation and increased uncertainty they will even stay in the business over the next two years–inventory has been increasing over the summer and we’re seeing “an incredible trend in the direction of normality.” That was…

The post ‘Heading in the Direction of Normality’; Brian Buffini Says Agents Should Prepare for a Sales Surge This Fall appeared first on RISMedia.

NAR Appears Open to Amending or Repealing Clear Cooperation

USA Real Estate News-RISMedia - Tue, 2024-07-23 13:44

Back in January, the National Association of REALTORS® (NAR) agreed to extend the statute of limitations in a pocket-listing lawsuit, court documents revealed, with a lawyer representing the REALTOR® organization telling a judge in a separate case last week that NAR needed time to decide if it was “amenable” to repealing or amending the Clear…

The post NAR Appears Open to Amending or Repealing Clear Cooperation appeared first on RISMedia.

Reestablishing Value Amid Uncertainties: Harnessing Comprehensive Data for Success

USA Real Estate News-RISMedia - Tue, 2024-07-23 13:07

The real estate industry is facing rapid changes and uncertainties. The recent National Association of REALTORS® (NAR) settlement and lawsuits alleging price fixing and artificial inflation have sent shockwaves through the sector. The decoupling of buyer and seller commissions further complicates the landscape, necessitating a reevaluation of how we establish and maintain value. One thing…

The post Reestablishing Value Amid Uncertainties: Harnessing Comprehensive Data for Success appeared first on RISMedia.

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