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During the 2021 REALTORS® Conference & Expo in San Diego, California, RISMedia’s Senior Online News Editor, Liz Dominguez, had the opportunity to sit down and speak with Tim Hur, managing broker and president of Point Honors and Associates, REALTORS® about his new role and responsibilities as president of The Asian Real Estate Association of America (AREAA).

Any successful real estate agent will tell you that their best source of leads exists within their own database. This was discussed during RISMedia’s Real Estate’s Rocking in the New Year virtual session, “New Leads vs. Database: How to Focus on Your Best Sources,” held earlier this month.

New home sales jumped up 11.9% in December versus November to an annual rate of 811,000, according to the latest joint report from the U.S. Census Bureau and Department of Housing and Urban Development. The steep increase is attributed to continued stable demand and diminished existing-home inventory.

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Mortgage applications decreased 7.1% from one week earlier, for the week ending January 21, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey.

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Crye-Leike Real Estate Services announced it experienced its best year in company history, generating $8.9 billion in sales volume and closing 32,499 transactions in 2021. This resulted in a 19% sales increase from 2020, the company reported.