Javed  Mufti

Javed Mufti

Broker Associate/REALTOR®

License #: CA DRE 01312004

REALTY EXPERTS®

Mobile:
510-691-9058
Office:
510-226-2444 ext. 2484
Email Me

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Southernmost home in US hits market for $18.5M in Key West

USA Real Estate News-Inman - Thu, 2024-07-18 11:16
Built in 1958, the mid-century home is a historical landmark. The estate is owned by Cecilia Joyce Johnson, the widow of late American artist Seward Johnson II, who passed away in 2020.

Mortgage Rates Continue to Fall as Other Economic Factors Cool

USA Real Estate News-RISMedia - Thu, 2024-07-18 11:11

The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.89% to an average of 6.77% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM averaged 6.77% as of July 18, 2024, down from last week when…

The post Mortgage Rates Continue to Fall as Other Economic Factors Cool appeared first on RISMedia.

Coldwell Banker adds generative AI to Listing Concierge platform

USA Real Estate News-Inman - Thu, 2024-07-18 11:08
With its new capabilities, the platform will allow agents and concierge coordinators to automate the generation of listing descriptions, image captions and property attributes "in minutes," the firm told Inman.

United Country Premier Properties Opens Flagship Office in Duluth, Georgia

USA Real Estate News-RISMedia - Thu, 2024-07-18 10:38

United Country Real Estate has announced a partnership with Virtual Properties Realty (VPR), one of the largest real estate companies in Georgia in agent count and sales volume, to create United Country Premier Properties.  According to a release, this new venture combines the expertise and innovation of United Country Real Estate with the dynamic growth…

The post United Country Premier Properties Opens Flagship Office in Duluth, Georgia appeared first on RISMedia.

Economic Index Fell Slightly in June; Year-Over-Year Growth More Positive

USA Real Estate News-RISMedia - Thu, 2024-07-18 10:36

The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, declined by 0.2% in June, following a decline of 0.4% (upwardly revised) in May. Over the first half of 2024, the LEI…

The post Economic Index Fell Slightly in June; Year-Over-Year Growth More Positive appeared first on RISMedia.

Realtor.com Parent Seeks Injunction Against CoStar as ‘Info-Theft’ Lawsuit Maneuvering Continues

USA Real Estate News-RISMedia - Thu, 2024-07-18 10:30

Citing recent media interviews given by CoStar executives, Move, Inc.—the parent company of Realtor.com®—filed for a preliminary injunction in a California U.S. District Court on Aug. 14, asking a federal judge to “(restrain and enjoin) Defendants CoStar Group, Inc. and (former Realtor.com employee) James Kaminsky from any further unauthorized access of Move-owned files, and from…

The post Realtor.com Parent Seeks Injunction Against CoStar as ‘Info-Theft’ Lawsuit Maneuvering Continues appeared first on RISMedia.

NAR Announces 12 Tech Startups for iOi Summit’s Pitch Battle

USA Real Estate News-RISMedia - Thu, 2024-07-18 10:15

The National Association of REALTORS® has announced the 12 companies participating in the Innovation, Opportunity & Investment (iOi) Summit’s Pitch Battle competition from August 28–29 in Chicago. NAR’s stated that their venture capital arm, Second Century Ventures, is set to present the live event, where each contestant will deliver a four-minute pitch on their product…

The post NAR Announces 12 Tech Startups for iOi Summit’s Pitch Battle appeared first on RISMedia.

Training in the New Real Estate World

USA Real Estate News-RISMedia - Thu, 2024-07-18 10:03

Above: Marki Lemons-Ryhal, Elias Astuto and Christa Ross. With the National Association of REALTORS®’ (NAR) post-settlement practice changes taking effect next month, real estate professionals are faced with the reality of having to alter the way they do business. The weight is also being felt among the coaches responsible for ensuring that the next generation…

The post Training in the New Real Estate World appeared first on RISMedia.

Housing Experts Split on Supreme Court’s Chevron Deference Decision

USA Real Estate News-RISMedia - Thu, 2024-07-18 09:32

With the Chevron deference now void, opinions from housing organizations and experts are split on how this might impact regulatory decision-making within the industry moving forward.  Earlier this month, the Supreme Court overturned the so-called “Chevron deference,” a legal principle originally set in Chevron U.S.A. Inc. vs. Natural Resources Defense Council, Inc that allowed courts…

The post Housing Experts Split on Supreme Court’s Chevron Deference Decision appeared first on RISMedia.

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