Lowell  King

Lowell King

REALTOR®

License #: CA DRE 00802421

REALTY EXPERTS®

Mobile:
510-468-0370
Office:
510-226-2444
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Mortgage rates plummet as CPI report shows inflation cooling

USA Real Estate News-Inman - Wed, 2024-06-12 14:16
Rates have returned to last week's levels, when applications for purchase loans leapt by 9 percent from the week before, and refi applications surged by 28 percent.

Gitcha leverages proposed NAR settlement to bolster buyers

USA Real Estate News-Inman - Wed, 2024-06-12 14:09
A new company called Gitcha has launched which prioritizes an active buyer's needs in the same way a portal advertises available listings. It’s active in the greater Phoenix MSA, including Scottsdale.

Level-Up Your Leadership: How to Lead Agents in Fraught Times

USA Real Estate News-RISMedia - Wed, 2024-06-12 13:11

In today’s unprecedented times for residential real estate, leadership matters more than ever. Real estate leaders will share new strategies for leading in turbulent times in a special session at RISMedia’s CEO & Leadership Exchange being held Sept. 4-6 at the Mayflower Hotel in Washington, D.C. Click here to register now! The session, titled, “Level-Up…

The post Level-Up Your Leadership: How to Lead Agents in Fraught Times appeared first on RISMedia.

Sean Hannity parts ways with Long Island home for $12.7M cash

USA Real Estate News-Inman - Wed, 2024-06-12 13:10
The conservative talk show host put the property on the market in May, and it went under contract within one week after receiving four offers. A fan reportedly purchased the home, as well as its furniture and books from the library.

VA Temporarily Allows Military Borrowers to Pay Their Own Real Estate Agent’s Fees

USA Real Estate News-RISMedia - Wed, 2024-06-12 12:39

In a move designed to help military service members, veterans and eligible spouses stay competitive in the current housing market, the Department of Veterans Affairs (VA) announced Tuesday that it will temporarily allow VA borrowers to pay their own buyer agent fees in certain situations. The new policy, which goes into effect on Aug. 10…

The post VA Temporarily Allows Military Borrowers to Pay Their Own Real Estate Agent’s Fees appeared first on RISMedia.

Mortgage Industry Exodus: ‘Nearly Half’ of Producing Loan Officers Have Left the Business

USA Real Estate News-RISMedia - Wed, 2024-06-12 12:20

Christina Bennett loved the mortgage industry, but after undergoing multiple layoffs, she says the feeling wasn’t mutual. Bennett spent years in and out of mortgage roles in various underwriting posts, rising to the management ranks in her last company, Caliber Home Loans, where she spent nearly eight years. Although she had been through layoffs before,…

The post Mortgage Industry Exodus: ‘Nearly Half’ of Producing Loan Officers Have Left the Business appeared first on RISMedia.

Mortgage Applications Shift Upward This Week

USA Real Estate News-RISMedia - Wed, 2024-06-12 11:50

Mortgage applications shifted course and increased 15.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 7, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume, increased 15.6% on a seasonally adjusted basis from one week earlier. …

The post Mortgage Applications Shift Upward This Week appeared first on RISMedia.

Inflation Unchanged in May; Neutral News for Potential Fed Rate Cut

USA Real Estate News-RISMedia - Wed, 2024-06-12 11:15

The Consumer Price Index (CPI), an inflation gauge measuring goods and services costs across the U.S. economy, was unchanged in May on a seasonally adjusted basis, after rising 0.3% in April, the U.S. Bureau of Labor Statistics reported June 12.  After hitting a 40-year high of 9.1% in June 2022, inflation has slowed. But after…

The post Inflation Unchanged in May; Neutral News for Potential Fed Rate Cut appeared first on RISMedia.

Boutique Brokerage in Rhode Island Becomes ERA Powered

USA Real Estate News-RISMedia - Wed, 2024-06-12 11:07

ERA Real Estate announced today its latest affiliation with Empire Real Estate Group, a staple of residential Rhode Island real estate.  Broker/owner Jimmy Ranieri first founded the firm 13 years ago. Now as part of the ERA® network, Ranieri stated that he and his full-service company’s affiliated agents will be able to utilize the ERA®…

The post Boutique Brokerage in Rhode Island Becomes ERA Powered appeared first on RISMedia.

REALTORS® Relief Foundation Announces 2 Million in Aid for Arkansas Tornado Victims

USA Real Estate News-RISMedia - Wed, 2024-06-12 10:43

The REALTORS® Relief Foundation (RRF) has announced that an additional $1 million in disaster relief aid has been made available to Arkansas REALTORS® in response to the devastating tornadoes that impacted the state in late May.  RRF stated that this grant is in addition to the $1 million already awarded, bringing the total support to…

The post REALTORS® Relief Foundation Announces 2 Million in Aid for Arkansas Tornado Victims appeared first on RISMedia.

Local Logic helps power Lundy’s Finding Homes voice search

USA Real Estate News-Inman - Wed, 2024-06-12 07:00
Local Logic, the community and market insights marketing solution, will be working with Lundy, an AI-derived voice search option for the visually impaired.
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