Tuesday, December 3, 2024

Rocket Mortgage origination volume jumps 28% in Q3

Detroit-based Rocket Companies, the parent of Rocket Mortgage, saw its strategy of investing in technology and expanding its servicing portfolio start to pay off in the...

Weichert Realtors settles the commission lawsuits

Weichert Realtors has taken a page from eXp World Holdings and settled the commission lawsuits — but with the Hooper (formerly Phillips) plaintiffs rather than with the...

Housing market pauses for election

There are 28% more homes on the market than a year ago. Inventory was still growing each week in November of 2023. Remember that 2024 inventory...

States are making ADUs easier to build. Now it’s up to municipalities to follow...

The national housing shortage, the benefits of increased density, an ongoing shift in consumer tastes toward smaller homes closer to where the urban action is, and...

SERHANT. expands in South Carolina with addition of Charleston team

SERHANT. has added a high-performing team to its presence in Charleston, South Carolina. Key Avenue Group is leaving Keller Williams for SERHANT., bringing a team with more...

How have two hurricanes impacted housing inventory?

Here are new listings for last week over the past several years: 2024: 62,876 2023: 57,229 2022: 59,458 Price-cut percentage In an average year, one-third of all homes take a price...

Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it...

JPMorgan Chase and Wells Fargo are starting to feel the effects of the Federal Reserve’s 50-basis-point rate cut in September on their mortgage businesses. On Friday,...

Here’s what Kamala Harris has said about in-home care for older Americans

Democratic presidential nominee and incumbent Vice President Kamala Harris recently made a media blitz in an effort to appeal to voters ahead of next month’s presidential...

Citadel agrees to pay $6.5M to settle DOJ’s redlining claims

The U.S. Department of Justice (DOJ) announced on Thursday a $6.5 million agreement with Citadel Federal Credit Union to settle allegations of lending discrimination in certain...

Utah-based Realtor association no longer enforcing NAR’s Clear Cooperation

The real estate industry is currently divided over the National Association of Realtors’ Clear Cooperation Policy, but one local Realtor association and MLS has decided to...