John   Martelotti

John Martelotti

Licensed Real Estate Salesperson

License #: 40MA0954369

Keller Williams Staten Island

Mobile:
917-202-8309
Office:
718-766-7159
Email Me

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

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Motto Mortgage Opens New Franchisee in New Hampshire

USA Real Estate News-RISMedia - Wed, 2024-07-17 13:33

Motto Mortgage—RE/MAX’s mortgage franchise—has opened a new office in Nashua, New Hampshire, serving all markets throughout the state.  Motto Mortgage Sail Home is now open, marking the first ever franchise office location in the state for the Motto Mortgage brand. The company stated that the new office will provide homebuyers and refinancers competitive rates and…

The post Motto Mortgage Opens New Franchisee in New Hampshire appeared first on RISMedia.

Swing state housing costs have skyrocketed since 2020 election

USA Real Estate News-Inman - Wed, 2024-07-17 13:28
Housing affordability will remain an issue at the forefront of the upcoming presidential election, where swing states will determine the next president and the future of housing costs.

Single-Family Starts Dwindle in June

USA Real Estate News-RISMedia - Wed, 2024-07-17 12:26

Single-family housing starts dropped in June as a result of raised interest rates for mortgages and construction and development loans, despite overall housing starts jumping 3% to a seasonally adjusted rate of 1.35 million units, according to new data provided by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau.…

The post Single-Family Starts Dwindle in June appeared first on RISMedia.

Financing Agent Commissions Doesn’t Pencil Out for Buyers, Mortgage Experts Say

USA Real Estate News-RISMedia - Wed, 2024-07-17 12:24

As the real estate industry braces for new rules that remove all offers of agent compensation from for-sale listings, mortgage lenders are weighing their options on how to best help cash-strapped buyers who will ultimately be responsible for paying their agent’s commission. Beginning Aug. 17, the National Association of REALTORS® (NAR) will prohibit all offers…

The post Financing Agent Commissions Doesn’t Pencil Out for Buyers, Mortgage Experts Say appeared first on RISMedia.

Mortgage Applications Reverse Course, Rise as Rates Fall

USA Real Estate News-RISMedia - Wed, 2024-07-17 11:54

Mortgage applications rose this week as mortgage rates saw a decrease, increasing 3.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 12, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume, increased 3.9% on a seasonally…

The post Mortgage Applications Reverse Course, Rise as Rates Fall appeared first on RISMedia.

A CEO’s perspective on leading through constant change

USA Real Estate News-Inman - Wed, 2024-07-17 11:29
Leading during times of change is undoubtedly challenging, new Inman contributor Justin Bailey writes, but it also presents an opportunity to propel education, build stronger teams and enhance relationships.

Foreign Investment in U.S. Homes Down 21% in Recent 12-Month Span

USA Real Estate News-RISMedia - Wed, 2024-07-17 11:28

Foreign buyers purchased $42 billion worth of U.S. existing homes from April 2023 through March 2024, retreating 21.2% from the prior 12-month period, according to a new report from the National Association of REALTORS® (NAR). International buyers purchased 54,300 properties, down 36% from the previous year—the fewest number of homes bought since 2009 when NAR…

The post Foreign Investment in U.S. Homes Down 21% in Recent 12-Month Span appeared first on RISMedia.

Market headwinds stifled new construction growth in June

USA Real Estate News-Inman - Wed, 2024-07-17 10:52
High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains.

The Transformative Power of Trust

USA Real Estate News-RISMedia - Wed, 2024-07-17 10:50

The MOB gathered in Dallas recently at Coldwell Banker Apex for one of the group’s twice-yearly meetings.   One of the unique hallmarks of the residential real estate business is its widespread commitment to collaboration for the greater good, from the listings shared among brokerage firms to the strategies exchanged among friendly competitors.  When it comes…

The post The Transformative Power of Trust appeared first on RISMedia.

4 Money-Saving Maintenance Projects to Suggest to New Homeowners

USA Real Estate News-RISMedia - Wed, 2024-07-17 09:18

 While the homebuying journey may have ended happily for you and a new client, your work is not over. Keeping in touch with past clients for future endeavors is a crucial way agents maintain contacts that lead to new sales and referrals. One of the best ways to do that is to continue to…

The post 4 Money-Saving Maintenance Projects to Suggest to New Homeowners appeared first on RISMedia.

Housing Experts React to President Biden’s Proposal to Bring Down Rents

USA Real Estate News-RISMedia - Wed, 2024-07-17 08:31

High housing costs are one of the greatest burdens facing Americans today—and President Joe Biden and his administration have announced a new plan to deal with rising costs that are keeping prospective buyers from achieving the American Dream of homeownership. The proposal, first reported by the Washington Post, would institute a nationwide rule designed to…

The post Housing Experts React to President Biden’s Proposal to Bring Down Rents appeared first on RISMedia.

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