Wednesday, November 6, 2024

Douglas Elliman settles the commission lawsuits

Douglas Elliman has joined the growing list of brokerages that have settled the commission lawsuits. In an 8K filed with the Securities and Exchange Commission (SEC) on...

Median payment on purchase mortgage applications rises to $2,201: MBA

Homebuyer affordability declined in March as mortgage rates and home prices remained elevated.  The national median monthly payment for purchase mortgage applicants rose to $2,201 in March,...

Retirement confidence hasn’t fully recovered, but survey shows hope for future prospects

Following a significant drop in retirement savings confidence in 2023, overall levels of confidence have yet to recover. But optimism about future retirement prospects are high,...

HUD walks back some proposed changes to HECM for Purchase program

The U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P)...

Acra CEO Keith Lind on staying the course amid choppy waters in non-QM

HousingWire sat down with Acra Lending CEO Keith Lind to discuss effective ways to not only survive, but profit in the non-QM space while so many...

Spring housing market gets more inventory

Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model with...

If reelected, Trump could seek greater control over Federal Reserve

A report published late Thursday by The Wall Street Journal said that allies of former president and presumptive 2024 Republican nominee Donald Trump are working behind...

Home sellers saw their profits shrink in the first quarter: Attom

U.S. home sellers reaped slimmer profit margins on median-priced single-family homes and condominiums during the first quarter of 2024. In fact, profit margins — the difference...

The best real estate podcasts for agents and brokers in 2024

Who doesn’t have a podcast these days? Anyone with a microphone and a cup of coffee can wax poetic about the ebbs and flows of the...

HomeServices settles commission lawsuits for $250M

HomeServices of America, the last remaining brokerage defendant in the landmark Sitzer/Burnett commission case, has agreed to pay $250 million in damages to settle lawsuits that...