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In U.S. Markets With Skyrocketing Home Prices but Sluggish Jobs Recovery, How Long Can the Heat Last?


Mansion Global
In U.S. Markets With Skyrocketing Home Prices but Sluggish Jobs Recovery, How Long Can the Heat Last?
For some smaller metros that have boomed over the past year, the upswing hasn’t spread to the local economy
By Virginia K. Smith
 | 
Originally Published On April 5, 2021
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Mansion Global
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A waterfront home overlooks the Deschutes River in downtown Bend, Oregon.
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In a gangbusters year for real estate markets across the U.S., resort towns and smaller cities so-called “secondary markets” have been some of the biggest winners, seeing an influx of well-off buyers eager for spacious homes in which to ride out the pandemic. ....

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Knock Partners With The Agency For Home Swap's Expansion


The real estate technology company that specializes in empowering sellers to move before they sell will be partnering with Los Angeles’s The Agency to facilitate its services in what is now its most prominent market and the nation’s second largest housing market.
The company is now operating in 18 markets in seven states. Agents in The Agency’s Scottsdale, Arizona, and South Florida offices will also be eligible to facilitate a Knock Home Swap.
Mauricio Umansky
As part of Knock Home Swap, sellers are eligible for an interest-free bridge loan of now up to $250,000, increased from $200,000. The loan helps cover pre-market concierge services for home preparation and repairs, a down payment advance on the new property and up to six months of mortgage payments on the home being sold. Ninety percent of Knock homes sell in 90 days or less. ....

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The Agency Adds To Its Leadership Team With High-Profile Hires


Luxury real estate brokerage The Agency is shaking things up and adding two high-profile real estate hires to its team. Jim Ramsay takes on the role of the new executive vice president of franchise sales while broker Wendy Walker takes over as the managing director of its Scottsdale office.
Jim Ramsay
Ramsay, who was previously the chief operating and chief growth officer for Engel & Völkers Americas, will be in charge of expanding the brand to new target markets.
Founded by Mauricio Umansky out of Los Angeles in 2011, The Agency presents itself as a luxury brokerage that fosters a collaborative workplace in which agents share knowledge for each other’s clients. It currently has 36 branches throughout the U.S., Canada, Mexico and the Caribbean. ....

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