Edward  Giles

Edward Giles

Real Estate Broker

License #: DC:BR98366683 MD:677790 VA:0225073221 GA:312662

Georgetown Realty Group

Office:
202-746-8456
Email Me

Hire A Top Class Real Estate Agent Who Will Invest In Your Future

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Fannie Mae no longer expects mortgage rates to drop below 6%

USA Real Estate News-Inman - Tue, 2024-03-19 17:07
The recent surge in mortgage rates could take some air out of a projected rebound in 2024 home sales, with deals driven mostly by households who can no longer put off their moves due to life events.

Revamping the Mortgage Process for a Fast-Paced World

USA Real Estate News-RISMedia - Tue, 2024-03-19 15:21

Above, Guaranteed Rate Senior Production Manager Mike Dye While the mortgage industry has traditionally focused on lenders’ needs and priorities, Guaranteed Rate has flipped the script by putting the interests of customers first.  “In the age of Amazon, society has conditioned us to want quick results. What we have effectively created together is a niche…

The post Revamping the Mortgage Process for a Fast-Paced World appeared first on RISMedia.

RE/MAX National Housing Report Shows Sales Picked Up in February

USA Real Estate News-RISMedia - Tue, 2024-03-19 14:23

RE/MAX, which has pivoted to new leadership with a focus on recruitment in Q1 2024, has published its latest national housing report, chronicling the state of the U.S. real estate market up to February 2024. The report surveys and compares 50 large metropolitan areas to make conclusions about the market as a whole.  The report’s…

The post RE/MAX National Housing Report Shows Sales Picked Up in February appeared first on RISMedia.

Homes.com gets analyst boost amid 567% annual traffic spike

USA Real Estate News-Inman - Tue, 2024-03-19 14:18
Despite the initial controversy, Homes.com isn't letting up on its traffic war with Zillow, Realtor.com and Redfin. The CoStar-owned portal reported late last week that it reached 149 million unique visitors in February, which equals a mind-boggling 567 percent growth in unique visitors compared to February 2023.

Court weighs $4.7B Sitzer ruling against last holdout HomeServices

USA Real Estate News-Inman - Tue, 2024-03-19 14:16
Sitzer | Burnett plaintiffs asked the court to order the Berkshire Hathaway affiliate to pay most of the nearly $5.4 billion damages award after NAR, Keller Williams, Anywhere and RE/MAX settle.

The 87 Brokerages Not Included in NAR’s Lawsuit Settlement

USA Real Estate News-RISMedia - Tue, 2024-03-19 13:40

The National Association of REALTORS® (NAR), in choosing to settle commission lawsuits filed by sellers that have dogged the industry for five years (along with the cascade of copycats added over the past six months), framed the decision as being an effort to “protect our members to the greatest extent possible.”  Paying $418 million and…

The post The 87 Brokerages Not Included in NAR’s Lawsuit Settlement appeared first on RISMedia.

Agents storm TikTok with flood of complaints after NAR settlement

USA Real Estate News-Inman - Tue, 2024-03-19 12:33
Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers and the agents who represent them.

Marc Andreessen lists Atherton mansion for $33.475M

USA Real Estate News-Inman - Tue, 2024-03-19 12:26
The Andreessens have owned the home since 2007 and conducted extensive renovations. The couple also recently purchased several properties in Malibu, suggesting a switching of allegiances to Southern California.

Burnett Attorneys Want $4.7 Billion Judgment Against HomeServices Following NAR Settlement

USA Real Estate News-RISMedia - Tue, 2024-03-19 11:10

With the addition of a $418 million payment by the National Association of REALTORS® (NAR) agreed to last week, the industry has now agreed to pay out a total of $626 million to settle commission lawsuits filed by recent homesellers, who successfully argued to a jury in October that commissions were illegally fixed by real…

The post Burnett Attorneys Want $4.7 Billion Judgment Against HomeServices Following NAR Settlement appeared first on RISMedia.

New-Home Construction Rebounds With Spring Buying Season Underway

USA Real Estate News-RISMedia - Tue, 2024-03-19 11:05

New-home construction bounced back sharply in February due in part to slightly more favorable mortgage rates and a dearth of existing houses for sale. Housing starts rose 10.7% in February to an annual rate of 1.52 million, beating estimates of a 1.5 million increase, according to data released March 19 by the Census Bureau and…

The post New-Home Construction Rebounds With Spring Buying Season Underway appeared first on RISMedia.

Housing starts leap in February as homebuilders become optimistic

USA Real Estate News-Inman - Tue, 2024-03-19 09:40
Housing starts rose to a seasonally adjusted annual rate of 1.52 million in February — 10.7 percent higher than in January, according to data released Tuesday by the U.S. Census Bureau.
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