Toby  Davis

Toby Davis

Broker and REALTOR®

RE/MAX RESULTS REALTY

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Vice President Kamala Harris’ Plan for Mortgage AVMs Is Realized

USA Real Estate News-RISMedia - Wed, 2024-07-24 10:42

Six federal agencies—including the Consumer Financial Protection Bureau (CFPB), the Federal Housing Finance Agency (FHFA) and the Federal Deposit Insurance Corporation (FDIC)—recently announced a new standard of quality controls for automated valuation models, or AVMs, as used by mortgage originators and secondary market issuers. AVMs are algorithms that can estimate a property’s value using large…

The post Vice President Kamala Harris’ Plan for Mortgage AVMs Is Realized appeared first on RISMedia.

Staten Island Brokerage Joins the CENTURY 21 Brand

USA Real Estate News-RISMedia - Wed, 2024-07-24 10:18

Century 21 Real Estate LLC. continues to fortify the brand’s presence in the Empire State with its latest affiliation of veteran-owned Herman & Co. Real Estate based in Staten Island.  Since the brokerage’s founding in 2004 by current broker/owner, Herman Herrera, it has been responsible for over $1 billion in sales volume throughout Staten Island…

The post Staten Island Brokerage Joins the CENTURY 21 Brand appeared first on RISMedia.

Homes are sitting on the market longer amid high costs: Redfin

USA Real Estate News-Inman - Wed, 2024-07-24 09:51
Almost two-thirds of homes that were for sale in June had been listed for at least 30 days without going under contract. That figure is the highest share of any June since 2020.

Sequel to NAR ‘Danger Report’ set for 10-year anniversary next year

USA Real Estate News-Inman - Wed, 2024-07-24 09:00
T3 Sixty plans to release "The Opportunity Report" as a follow up to its "DANGER Report" in early 2025. it says the new document will be comparable in its impactful earlier analysis of the industry.

Local Logic and iGo strike a new integration deal

USA Real Estate News-Inman - Wed, 2024-07-24 07:00
Part of the relationship involves Local Logic providing iGo with a site license for NeighborhoodIntel, a recently released property reporting product that generates insights from more can 250 data points per home.
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