Raj  Patel

Raj Patel

REALTOR®

License #: 475.129666

RE/MAX Renaissance

Mobile:
630-205-6353
Office:
847-375-9293
Email Me

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BCI Up as Brokers Roll With the Punches

USA Real Estate News-RISMedia - 3 hours 53 min ago

A tumultuous summer so far in real estate has left brokers shaken, with signs of a broad housing pullback—including big hits to home sales, building permits and new construction starts—causing concern. Meanwhile, price drops and homes spending more time on the market have some worried about waning demand. But the latest edition of RISMedia’s Broker…

The post BCI Up as Brokers Roll With the Punches appeared first on RISMedia.

Democratic Bill Passes Senate, With Changes

USA Real Estate News-RISMedia - 3 hours 54 min ago

Not yet law but now much closer to receiving President Biden’s signature, the Democratic “Inflation Reduction Act” survived a careful balancing act between centrists and progressive members of the caucus, along with virulent opposition from Republicans and is likely headed for a vote in the House this week. Focused mostly on health care and climate…

The post Democratic Bill Passes Senate, With Changes appeared first on RISMedia.

Refinances Fuel Slight Increase in Mortgage Applications This Week

USA Real Estate News-RISMedia - 3 hours 55 min ago

For the second straight week, mortgage applications increased, up 0.2% from one week earlier, according to the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 5, 2022, released Wednesday. Data shows that while there was a decline in purchases, an uptick in refinances edged the overall…

The post Refinances Fuel Slight Increase in Mortgage Applications This Week appeared first on RISMedia.

National Association of REALTORS® Announces 2023 Leadership Academy Class

USA Real Estate News-RISMedia - 3 hours 56 min ago

NAR has announced the roster of its 2023 Leadership Academy class. Twenty REALTORS® from across the country have been chosen to participate in the 10-month program, which will prepare emerging state and local volunteers for future leadership positions at NAR. “NAR’s Leadership Academy identifies, inspires and mentors the next generation of REALTOR® leaders for future opportunities…

The post National Association of REALTORS® Announces 2023 Leadership Academy Class appeared first on RISMedia.

Inflation (Finally) Dips, Housing Still a Concern

USA Real Estate News-RISMedia - 7 hours 2 min ago

It’s still not good, but “better” is great news right now. That appears to be the consensus from economists after the latest inflation data from the Bureau of Labor Statistics (BLS) showed prices are finally starting to come down, with the Consumer Price Index (CPI) reading 8.5%—lower than expected, and a significant reversal improvement over…

The post Inflation (Finally) Dips, Housing Still a Concern appeared first on RISMedia.

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