James Roland Castle, Broker

License #: MD4545,PARB065382,VA0225061039,WV0020820,DCBR98364568

Phone:
301-695-3020
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Median sales prices rise for 9th week despite slowing demand

USA Real Estate News-Inman - Thu, 2024-07-11 16:33
The median U.S. home sale price rose for the ninth consecutive week, hitting an all-time high of $397,482 during the four weeks ending July 7. A Redfin report published on Thursday said the upward climb in median sales prices contrasts with weakening homebuyer demand and elevated mortgage rates—two factors that usually lead to softening home price growth.

Thumbtack, MyMove get closer in software integration

USA Real Estate News-Inman - Thu, 2024-07-11 16:04
The partnership between Thumbtack and MyMove helps link relocating families directly to the types of services so often needed when moving in and out of a home.

Foreclosure Filings Down Year-Over-Year in the First Half of 2024

USA Real Estate News-RISMedia - Thu, 2024-07-11 15:13

During the first half of 2024, 177,431 properties in the U.S. had foreclosure filings, according to the Mid-Year 2024 U.S. Foreclosure Market Report from ATTOM Data. This figure represents one in every 794 housing units in the United States.  These rates are down 4.4% from where foreclosures were in 2023—but up 7.8% from where they…

The post Foreclosure Filings Down Year-Over-Year in the First Half of 2024 appeared first on RISMedia.

POWER HOUR: How MLS’s Are Adapting in the Commission Lawsuit Era

USA Real Estate News-RISMedia - Thu, 2024-07-11 14:59

With the coming changes no longer allowing offers of compensation on MLS platforms, the cooperative compensation rule lies at the center of the commission lawsuits, putting MLSs squarely in the middle of the conversation.  Two of the nation’s largest MLSs recently made headlines in RISMedia news when they announced new additions to their user platforms…

The post POWER HOUR: How MLS’s Are Adapting in the Commission Lawsuit Era appeared first on RISMedia.

MoxiWorks laying off employees 1 month after replacing CEO

USA Real Estate News-Inman - Thu, 2024-07-11 14:33
Real estate marketing and technology company used by more than 400,000 agents nationwide hired AI startup executive Eric Elfman in June to replace founder York Baur as CEO.

As Affordability Challenges Persist, Middle-Income Housing Programs Take Center Stage

USA Real Estate News-RISMedia - Thu, 2024-07-11 14:14

While some markets may be starting to see a slight easing in home prices, housing affordability remains a consistent challenge for many markets nationwide. To address the challenge, state and local governments have adopted policies and programs to help alleviate pressure on potential middle-income renters. A recent working paper on this topic, “Subsidizing the Middle:…

The post As Affordability Challenges Persist, Middle-Income Housing Programs Take Center Stage appeared first on RISMedia.

Supporting Sales Professionals Every Step of the Way

USA Real Estate News-RISMedia - Thu, 2024-07-11 13:57

Twenty years ago, Claudia Stallings’ parents decided to make the move to Knoxville, Tennessee, and she found herself helping them with their search and discovering a passion for real estate. Stallings became an agent in 2004, was a principal broker for a large branch in 2010, and became a partner and COO of Wallace Real…

The post Supporting Sales Professionals Every Step of the Way appeared first on RISMedia.

Estate Planning for Family Members: A Comprehensive Guide

USA Real Estate News-RISMedia - Thu, 2024-07-11 13:34

Estate planning is arranging for the management and disposal of a person’s estate during their life and after death. It ensures your assets are distributed according to your wishes and provides financial security for your family. I will provide the following information to educate you on the process: The essentials of estate planning and its…

The post Estate Planning for Family Members: A Comprehensive Guide appeared first on RISMedia.

Luxury agents signal cautious optimism in second half of 2024

USA Real Estate News-Inman - Thu, 2024-07-11 12:52
Elections, interest rates and tax policies all may impact the luxury market for the remainder of the year, according to midyear reports from Christie's Real Estate and Sotheby's International Realty.

Zillow, Redfin: Northeast and Midwest rental prices surging

USA Real Estate News-Inman - Thu, 2024-07-11 12:47
Some Northeast and Midwestern markets saw double-digit increases in median asking rent, according to new data released Tuesday.

Mortgage Rates Fall, in Line with Welcomed Cooling Consumer Prices, Jobs Numbers

USA Real Estate News-RISMedia - Thu, 2024-07-11 11:51

Following the first dip in consumer prices in four years and home prices in some markets declining, the average 30-year fixed rate mortgage followed suit, dropping from 6.95% last week to 6.89% this week, according to the latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday.  A look at this week’s numbers:  The…

The post Mortgage Rates Fall, in Line with Welcomed Cooling Consumer Prices, Jobs Numbers appeared first on RISMedia.

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