Christie - Real Estate Investor Pulse

First Team departs Christie’s, rebrands brokerage

October 25, 2023 Mariel Alumit Comments Off

First Team Real Estate, the largest independent brokerage in California, left Christie’s International Real Estate, the company first told Inman on Wednesday. Christie’s International Real Estate told Inman that the parting was “mutual.” “Christie’s will […]

Chris Lim steps down at Christie’s president; Hamrick and Van Eck to share role

September 19, 2023 Mariel Alumit Comments Off

Chris Lim is stepping down as president of Christie’s International Real Estate, according to an announcement on Tuesday. The brokerage noted that Lim will remain at Christie’s as a senior advisor and global brand ambassador, […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]