Lennie   Frierson

Lennie Frierson

Managing Broker

Friersons Realty LLC

Mobile:
(317) 414-7889
Office:
(317) 891-8936
Email Me
Hire a top class real estate agent who will invest in your future.

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Single-Family Starts Dwindle in June

USA Real Estate News-RISMedia - Wed, 2024-07-17 12:26

Single-family housing starts dropped in June as a result of raised interest rates for mortgages and construction and development loans, despite overall housing starts jumping 3% to a seasonally adjusted rate of 1.35 million units, according to new data provided by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau.…

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Financing Agent Commissions Doesn’t Pencil Out for Buyers, Mortgage Experts Say

USA Real Estate News-RISMedia - Wed, 2024-07-17 12:24

As the real estate industry braces for new rules that remove all offers of agent compensation from for-sale listings, mortgage lenders are weighing their options on how to best help cash-strapped buyers who will ultimately be responsible for paying their agent’s commission. Beginning Aug. 17, the National Association of REALTORS® (NAR) will prohibit all offers…

The post Financing Agent Commissions Doesn’t Pencil Out for Buyers, Mortgage Experts Say appeared first on RISMedia.

Mortgage Applications Reverse Course, Rise as Rates Fall

USA Real Estate News-RISMedia - Wed, 2024-07-17 11:54

Mortgage applications rose this week as mortgage rates saw a decrease, increasing 3.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 12, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume, increased 3.9% on a seasonally…

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A CEO’s perspective on leading through constant change

USA Real Estate News-Inman - Wed, 2024-07-17 11:29
Leading during times of change is undoubtedly challenging, new Inman contributor Justin Bailey writes, but it also presents an opportunity to propel education, build stronger teams and enhance relationships.

Foreign Investment in U.S. Homes Down 21% in Recent 12-Month Span

USA Real Estate News-RISMedia - Wed, 2024-07-17 11:28

Foreign buyers purchased $42 billion worth of U.S. existing homes from April 2023 through March 2024, retreating 21.2% from the prior 12-month period, according to a new report from the National Association of REALTORS® (NAR). International buyers purchased 54,300 properties, down 36% from the previous year—the fewest number of homes bought since 2009 when NAR…

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Market headwinds stifled new construction growth in June

USA Real Estate News-Inman - Wed, 2024-07-17 10:52
High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains.

The Transformative Power of Trust

USA Real Estate News-RISMedia - Wed, 2024-07-17 10:50

The MOB gathered in Dallas recently at Coldwell Banker Apex for one of the group’s twice-yearly meetings.   One of the unique hallmarks of the residential real estate business is its widespread commitment to collaboration for the greater good, from the listings shared among brokerage firms to the strategies exchanged among friendly competitors.  When it comes…

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4 Money-Saving Maintenance Projects to Suggest to New Homeowners

USA Real Estate News-RISMedia - Wed, 2024-07-17 09:18

 While the homebuying journey may have ended happily for you and a new client, your work is not over. Keeping in touch with past clients for future endeavors is a crucial way agents maintain contacts that lead to new sales and referrals. One of the best ways to do that is to continue to…

The post 4 Money-Saving Maintenance Projects to Suggest to New Homeowners appeared first on RISMedia.

Housing Experts React to President Biden’s Proposal to Bring Down Rents

USA Real Estate News-RISMedia - Wed, 2024-07-17 08:31

High housing costs are one of the greatest burdens facing Americans today—and President Joe Biden and his administration have announced a new plan to deal with rising costs that are keeping prospective buyers from achieving the American Dream of homeownership. The proposal, first reported by the Washington Post, would institute a nationwide rule designed to…

The post Housing Experts React to President Biden’s Proposal to Bring Down Rents appeared first on RISMedia.

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