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Forbes Global Properties Expands to Argentina and Uruguay

Forbes Global Properties has announced its expansion into Argentina and Uruguay with the addition of Miranda Bosch, a Buenos Aires-based real estate and art firm. Miranda Bosch will be the exclusive representative of the brand in both countries. Celebrating nearly two decades, Miranda Bosch serves clients throughout Buenos Aires and in Uruguay, as noted in…

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StreetEasy Caps Lead-Gen Program, Walling Off Larger Brokerages

Conflict between Zillow and Compass is escalating on a new front, as Zillow-owned portal StreetEasy recently introduced a brokerage cap that directly affects the mega-brokerage. The specialized New York City portal StreetEasy recently introduced a new cap to its Experts program—an invite-only lead generation program where buyers and sellers are connected to member agents—only allowing…

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Mortgage Mix: Rates Spiral to 7%, Fed Sued Over Alleged ‘Private’ Wall Street Talks

Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. Start with the numbers: Mortgage rates are climbing fast, with Freddie Mac’s benchmark survey reporting 6.76% on average this week for the 30-year, while other sources found rates crossed the 7% threshold. -Rates are pushing…

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Inflation Still Elevated, Fed Path to Rate Hike Grows More Clear

Inflation saw no unexpected moves as the Iran war keeps the situation elevated, according to the latest data from the Bureau of Labor Statistics. With this month’s Consumer Price Index (CPI) a key indicator for the upcoming Federal Reserve meeting, all eyes are on price pressures, which are simultaneously weighing on household budgets. The August…

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Council of Multiple Listing Services Names New Director of Advocacy

The Council of Multiple Listing Services (CMLS) has named Cameron Kinzer Director of Advocacy, in a move the trade association said will expand its capacity to represent the MLS community as legislative, regulatory and policy decisions increasingly shape the future of the housing market.   Kinzer will lead CMLS’s government relations and public policy strategy,…

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Global Tensions and High Prices Squash Consumer Outlook Ahead of Fed Decision

Agents and brokers are likely to continue encountering hesitant consumers, as the University of Michigan reports that preliminary sentiment dropped for the second month in a row on Sept. 11. The consumer sentiment index—which utilizes personal finances, business conditions and buying conditions to measure consumers’ attitudes toward the overall economy—now sits at 47.8 as a…

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Function Over Form: 7 Kitchen-Design Mistakes to Be Avoided

Who doesn’t like the look of a sleek, high-tech kitchen? It sure helps to sell a home on the market. But once someone’s actually cooking, ease of cooking is what counts. For Mark Stevenson, managing director and product designer at Stoveshield.com, there is a clear shift in how homeowners think about kitchen design. “People are…

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In ‘the Market That Could Have Been,’ Mortgage Rates Hit 14-Month High

Mortgage rates ticked up again this week, seemingly caught in an ongoing cycle of upward pressure as renewed tensions in the Middle East drive oil prices higher, stoke inflation concerns and push Treasury yields up, bringing mortgage rates along with them.  This past week, rates reached a 14-month high at 6.76% for the average 30-year…

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Water Restrictions Out West Not a ‘Crisis,’ but Threaten Affordability: Experts

Across the West, 35 to 40 million people rely on the Colorado River Basin for water. The region is experiencing a 26-year drought, with Lake Mead, Lake Powell and the Colorado River all at historic low levels, according to the U.S. Department of the Interior. Federal officials issued major restrictions in late August, ordering California,…

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Remembering the Day the World Stood Still: Reflections on the 25th Anniversary of Sept. 11th

What a hectic day September 11, 2001, was going to be. The entire RISMedia team was busily preparing to host 1,250 real estate professionals from across the country, scheduled to arrive that evening for RISMedia 13th Annual CEO & Leadership Exchange at the New York Hilton Midtown. We were extremely excited because this was going…

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