Housing Wire
MAY 28, 2024
It’s the end of May and unsold inventory on the market is increasing across the U.S. Every state in the country has more homes on the market now than a year ago and, in many places, new construction is being completed and added to inventory, so it’s not just resale inventory that’s growing. There are more homes on the market now than anytime since August 2020.
Keeping Current Matters
MAY 28, 2024
Climate change is impacting where people buy homes.
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Housing Wire
MAY 28, 2024
Home prices in the United States continued their upward trajectory in March, with the S&P CoreLogic Case-Shiller U.S. National Home Price Index recording a 6.5% annual gain, matching February’s growth, according to the latest report. Meanwhile, the U.S. National Index posted a month-over-month increase of 0.3%, while the 20-City and the 10-City Composite both reported month-over-month increases of 0.3% and 0.5%, after seasonal adjustment.
Real Estate News
MAY 28, 2024
The latest Case-Shiller index reported another record high, with U.S. home prices increasing 6.5% year-over-year in March.
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Housing Wire
MAY 28, 2024
Mortgage rates kept sliding toward 7% as HousingWire ’s Mortgage Rates Center showed the average 30-year fixed rate for conforming loans at 7.25% on Tuesday, below the rate of 7.34% one week ago. At the same time one year ago, the average 30-year conforming rate was 6.8%. Meanwhile, the 15-year conforming fixed rate averaged 6.77% on Tuesday, up from 6.71% one week earlier.
Real Estate News
MAY 28, 2024
Recruiter Brent Gove has also been dismissed from the lawsuit involving allegations of sexual assault, while Michael Bjorkman’s motion to dismiss was denied.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
MAY 28, 2024
The organization is the first non-NAR MLS to announce its intentions, and it says keeping the compensation field provides more transparency for consumers.
Housing Wire
MAY 28, 2024
The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2024 Women of Influence award are open now through May 31st, 2024. Click here to nominate someone. For the past 15 years, the HousingWire Women of Influence award has celebrated the exceptional contributions of women leaders in the housing industry.
Real Estate News
MAY 28, 2024
Agents will be navigating new territory in August, and they'll need to avoid any hint of steering. CRMLS general counsel Ed Zorn offers some tips.
Housing Wire
MAY 28, 2024
The Federal Deposit Insurance Corp. (FDIC) this month announced a settlement with Arkansas-based Bank of England over alleged violations of the Federal Trade Commission Act, the Real Estate Settlement Procedures Act (RESPA), the Fair Credit Reporting Act (FCRA) and the Home Mortgage Disclosure Act (HMDA). The bank has been issued an order to pay a civil penalty of $1.5 million, and the FDIC has also issued similar enforcement actions to nine former employees of the bank. “ Veterans and their fam
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Inman
MAY 28, 2024
Compass Florida's No. 1 agent got into real estate at one of the worst times, right after the 2008 recession. But early sports training cultivated in him a dedicated work ethic that has allowed him to soar to great heights in his career.
Housing Wire
MAY 28, 2024
Two major Realtor associations announced a merger last week that would make the unified group the third largest in Florida and the sixth largest in the U.S. The news was first reported by Real Estate News and Inman. The Pinellas Realtor Organization/Central Pasco Realtor Organization (PRO-CPRO) is joining forces with the Greater Tampa Realtors (GTR) to form the Tampa Bay Realtors.
Inman
MAY 28, 2024
These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively.
Housing Wire
MAY 28, 2024
Ocwen Financial Corp , the parent company of PHH Mortgage Corp. and its reverse mortgage subsidiary Liberty Reverse Mortgage , announced on Tuesday that its shareholders have approved the company’s planned rebranding initiative to Onity Group. The initial phase of the rebranding will first go into effect for the parent company on June 10 and will roll out to other subsidiaries — including Liberty — by this fall.
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Inman
MAY 28, 2024
Despite short-term challenges in the space, multifamily real estate investment expert Michael Zaransky is still bullish on the long-term potential of the sector.
Housing Wire
MAY 28, 2024
Fathom Holdings , the parent company of cloud-based real estate brokerage Fathom Realty , appointed Jon Gwin as chief operating officer. He replaces Samantha Giuggio , who held the role since January 2022. Gwin brings a wealth of experience to the role, having previously held executive positions at American Financial Network , Wachovia Bank , Wells Fargo and Accredited Home Lenders.
Inman
MAY 28, 2024
We're all in this together, writes coach Darryl Davis, so here's how to avoid burnout and frustration by charting a path forward for your real estate business.
Housing Wire
MAY 28, 2024
Philadelphia-based Incenter Lender Services has promoted Sara Parrish to chief operating officer amid a plan to attract independent mortgage banks (IMBs) with variable-cost services. Parrish will remain as president of CampusDoor, an Incenter subsidiary that focuses on student loans. “A big part of my job is preparing us for scale,” Parrish said in an interview with HousingWire. “We are getting ready to tackle even more exciting projects, and we expect a lot of growth, e
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Inman
MAY 28, 2024
The two organizations are involved in a pilot program in which Side teams, who are branded independently, can choose to work with the creative agency in building promotional videos for use across multiple marketing channels.
Bigger Pockets
MAY 28, 2024
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Inman
MAY 28, 2024
National home prices jumped 6.5 percent in March from a year earlier to a new record high with the Northeast leading regionally.
Bigger Pockets
MAY 28, 2024
Imagine living in a home where your next-door neighbors are your best friends or family members.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Inman
MAY 28, 2024
The upending of NAR's cooperative compensation rule is a double-edged sword for Zillow and its rivals, experts told Inman. These are the tools and tactics they're adopting to suit the moment.
RIS Media
MAY 28, 2024
Equity Angels—a social impact organization dedicated to fostering fair access to innovation and opportunity—has named its 2024 cohort for its first-ever accelerator program. Upfront provides innovative financial solutions for agents and brokers, The Studio Home leverages Web3 visualization for curated home furnishings, Maverick Systems optimizes big data analytics for agent acquisition and retention, and Billions… The post Several Companies Join Equity Angels’ First Proptech Cohort a
Inman
MAY 28, 2024
By making homeownership more affordable, Bernice Ross writes, DPA enhances the value agents bring to the table and plays a vital role in helping those who might otherwise be excluded from the housing market.
Bigger Pockets
MAY 28, 2024
Rehabbing a home isn’t the same as preparing a home for rental, though. Not all homes require rehabbing, but all rental properties must be prepared for prospective renters.
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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.
Inman
MAY 28, 2024
Find out how dynamic real estate broker Dawn David creates deep down connections to create repeat and referral business with delighted clients.
RIS Media
MAY 28, 2024
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.5% annual gain for March, the same increase as the previous month. The 10-City Composite saw an increase of 8.2%, up from an 8.1% increase in the previous month. The 20-City Composite posted a slight year-over-year increase… The post Case-Shiller: Home Prices Way Up in March Due to Scarcity appeared first on RISMedia.
Inman
MAY 28, 2024
Four years after first engaging in a legal battle with disabled veteran Carl Westcott over the purchase of a Montecito mansion, pop star Katy Perry has finally emerged with the home's title in hand.
Seattle Times Real Estate
MAY 28, 2024
Western Washington's primary listing service for real estate agents says it will not join a national settlement regarding the way agents are paid.
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