Michael Catarevas

1 week ago | rismedia.com | Michael Catarevas

Government Big Data Management Inflation was mild in April as President Trump’s tariffs policy, which has generally been put on hold for the time being, did not impact numbers dramatically. Whether the oft-changing trade measures lead to noticeably higher prices by year’s end remains to be seen. From the same month one year ago, the PCE price index for April increased 2.1%. Excluding food and energy, the PCE price index increased 2.5% from one year ago.

1 week ago | rismedia.com | Michael Catarevas

Spring is to homebuying what winter is to skiing. Sure, they’re both doable during other times of the year, but pale in comparison to the peak three-month seasons. Unfortunately, for many residential real estate agents and brokers, spring 2025 will likely mirror how schussers would recall a winter season with limited snowfall quality and quantity on their favorite slopes…disappointing, but certainly not devastating. A myriad of sometimes conflicting factors have combined to define spring 2025.

1 week ago | rismedia.com | Michael Catarevas

It could be said that in many ways real estate sales mirror pugilism. It’s an intense competition to not only land clients and listings, but to decisively defeat competing agents by closing sales and collecting commissions. Boxing is a legitimate comparison, because just as a homebuyer having their offer accepted after a bidding war, there is only one winner following a boxing match.

2 weeks ago | rismedia.com | Michael Catarevas

Last winter, an elderly couple owning and inhabiting an oceanfront condo with two bedrooms and two baths in Palm Beach, Florida, decided it was time to sell and move to a senior living facility. So they hired an agent and put the place up for sale. But with the state’s condo market depressed due to new regulations, sky-high insurance rates and burdensome special assessments, months went by with few lookers and no offers.

2 weeks ago | rismedia.com | Michael Catarevas

Located within a coveted cul-de-sac, the estate feels both grant and intimate, weaving together personal legacy with high-end design. Existing-home sales slowed in April, according to the National Association of REALTORS®’ (NAR) latest report. Sales dipped in the Northeast and West, grew in the Midwest and were unchanged in the South. Year-over-year, sales declined in three regions and remained steady in the Northeast.