First American: Mortgage rates champion growth in potential existing home sales

First American | May 20, 2019

In April, potential existing-home sales increased 0.1% from the previous month, narrowing the market’s improvement gap, according to First American’s Potential Home Sales Model. “The housing market continued to underperform its potential in April 2019, but the performance gap shrank compared with March,” First American Chief Economist Mark Fleming said. “Actual existing-home sales remain 1.3% below the market’s potential, but the performance gap narrowed from 2% last month, according to our Potential Home Sales Model.”

Spotlight

Tenants in the DC market can expect more favorable conditions, as office supply continues to outpace demand. JLL's Matthew Coursen shares an overview.

Spotlight

Tenants in the DC market can expect more favorable conditions, as office supply continues to outpace demand. JLL's Matthew Coursen shares an overview.

Related News

REAL ESTATE INVESTMENT

Juniper Square Named Industry Leader in G2 Fall 2022 Grid Report for Real Estate Investment Management

Juniper Square and G2 | October 19, 2022

Juniper Square, the leading provider of partnership enablement for the private funds industry, has been named an industry leader by G2, Inc. in its Fall 2022 Grid® Report for Real Estate Investment Management. The report reviews software that real estate investors and investment firms use to maintain compliance with real estate investment regulations, manage the investor relationship, and maximize property value and investment returns. Among the companies included in the ranking, Juniper Square has the highest score of 4.9 out of 5 user satisfaction rating. “In just six years since launching Juniper Square, we’re extremely proud to rank No. 1 in user satisfaction and be named a leader in the G2 Fall 2022 Grid Report, validating our unique approach to partnership enablement across tens of thousands of private partnerships, Our industry-leading client satisfaction is reflective of the fact that we deliver expert guidance and best practices which are unique to the needs of investment managers at every stage of their partnerships.” -Alex Robinson, CEO and co-founder of Juniper Square According to G2, the largest and most trusted software marketplace, real estate investment management software, also known as real estate asset management software or real estate portfolio management software, aims to maximize the market value and return on investment of real estate properties, and enables strategizing for portfolio growth and development. Real estate investment management software arms asset managers, real estate investors, and stakeholders with financial and operational insights that reduce errors and mitigate potential risk, streamline asset analysis, maintain compliance with guidelines and regulations, and facilitate transparency and visibility throughout the portfolio lifecycle. When we started looking for a new investment management and contact management platform, we considered five alternatives and Juniper Square was selected as it aligned with our core values and was client-centered, In addition to being the only solution that offered all of the very important functional aspects we were looking for, they checked off all the softer aspects, too. Plus, Juniper Square far exceeded our expectations on timely and comprehensive communication,said Tyson Hammer Strandberg, director of client relations for Bell Partners. About Juniper Square Juniper Square is the leader in partnership enablement for the private funds industry, offering a universal system for GPs and their LPs to seamlessly connect and communicate across every stage of their partnerships. Juniper Square empowers investment managers to accelerate fundraising, scale operations efficiently, and improve investor satisfaction. More than 1,700 GPs rely on Juniper Square to manage more than 300,000 LPs in more than 24,000 private funds. About G2 G2 is the world's largest and most trusted software marketplace. More than 60 million people annually - including employees at all of the FORTUNE 500 - use G2 to make smarter software decisions based on authentic peer reviews. Thousands of software and services companies of all sizes partner with G2 to build their reputation, manage their software spend, and grow their business - including Salesforce, HubSpot, Zoom, and Adobe.

Read More

REAL ESTATE INVESTMENT

RE/MAX Ranked a Top 10 Franchise in Franchise Times Top 500®

RE/MAX Network | October 11, 2022

RE/MAX®, the #1 name in real estate, was recognized as a top 10 franchise in the 2022 Franchise Times Top 500 survey. The global real estate franchisor was also recognized as the leading real estate franchise brand for the 14th year in a row. Previously named the Franchise Times Top 400® ranking, this year, the annual survey named more of the largest franchise systems in the United States, ranked by global systemwide sales based on the previous year's performance, to the respected list. Systemwide sales is defined as the total sales for both franchise and company units. "Being listed at the top of the franchising world says a lot about the power of the RE/MAX brand and the value of the competitive advantages our franchisees enjoy as part of our global network, We stay on top in part because we expand, refine and modernize those advantages constantly. When you combine a rock-solid, nearly 50-year foundation with the best of what's happening in the industry today, it creates an unstoppable force. That's why our model attracts new franchisees each year these entrepreneurs want to align their business with the very best." -RE/MAX President and CEO Nick Bailey Highlights of this year's ranking include: RE/MAX ranked as the #1 real estate franchise brand The top 10 overall standings areMcDonald's,7-Eleven, KFC, Burger King, Ace Hardware,Domino's, Subway, Chick-fil-A, RE/MAX andCircle K RE/MAX rose three spots on this ranking in 2022, up from placing at 12 in 2021 According to the Franchise Times, the 10 largest franchised brands gained $45.4 billion in sales in 2021, a 14 percent increase over the prior year. The top 10 now account for more than $368 billion in annual sales. Recent national surveys demonstrate the high productivity of the RE/MAX network. The prestigious RealTrends + Tom Ferry "The Thousand" ranking released earlier this year confirmed RE/MAX has more of the nation's 1,000 most prolific home-selling agents than any other brand and more than 3,700 RE/MAX agents were named on the RealTrends + Tom Ferry "America's Best Real Estate Professionals" list. RE/MAX also ranked among the top-rated franchise brands, according to Entrepreneur's 2022 Franchise 500® survey. From a single office that opened in 1973 in Denver, Colorado, RE/MAX has grown into a global real estate network with more than 140,000 sales associates and a presence in more than 110 countries and territories. About the RE/MAX Network As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 140,000 agents in almost 9,000 offices and a presence in more than 110 countries and territories. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides. RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. RE/MAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children's Miracle Network Hospitals® and other charities.

Read More

REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT

SVN® Expands Presence In Florida with the Addition of SVN | Waterfront Commercial Realty

SVN | September 20, 2022

SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of its new franchise office, SVN | Waterfront Commercial Realty, based in Jupiter, Florida. Operating as a branch of SVN | Florida Commercial Real Estate Advisors for more than ten years, SVN | Waterfront Commercial Realty is an established commercial real estate firm led by Managing Directors Robert Hamman, Keith Kidwell, CCIM, SIOR, and Jerry Anderson, CCIM. Now, SVN | Waterfront Commercial Realty is expanding their geography and specialties into the Jupiter and North Palm Beach markets. The firm’s specialties include land, marinas, restaurants, high profiles businesses with real estate on the intracoastal, general office, and retail. “After more than ten years as a successful SVN Advisor, I was thrilled about the opportunity to start a business partnership with a top commercial real estate brand, For Hamman, SVN was the only choice. With SVN, we gain the visibility and technology of a global brand, plus access to a strong network of SVN Advisors spread across the country.” -Managing Director, Rob Hamman Through this strategic partnership, SVN | Waterfront Commercial Realty plans to expand with new offices in Stuart, Palm Beach Island, and North Palm Beach. As the east coast of Florida continues its phenomenal growth, we are positioned perfectly to assist investors and other owners of commercial real estate. Our expansion bodes well to serve our existing clientele as well as new clients. About SVN | Waterfront Commercial Realty SVN | Waterfront Commercial Realty is a successful CRE brokerage firm serving the Jupiter and North Palm Beach markets. The firm’s specialties include land, marinas, restaurants, high profiles businesses with real estate on the intracoastal, general office, and retail. About SVN® The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 2,000 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues, and communities.

Read More