Thursday, November 7, 2024

Housing inventory growth slows to a halt

Weekly housing inventory data All I wanted for Thanksgiving and Christmas was just a few weeks of active inventory growth between 11,000 – 17,000. But even with...

All-cash transactions gain traction amid high mortgage rates: Redfin

In September, all-cash purchases represented one-third of the U.S. home purchases, compared to 29.5% a year ago, according to a Redfin report. It’s the highest share...

Commission lawsuits spread to Manhattan

It appears that no real estate brokerage firm in the U.S. is safe from a commission lawsuit. On Wednesday, Manhattan home seller Monty March filed a...

Will falling mortgage rates entice potential homebuyers off the sidelines?

Mortgage rates this week saw the biggest one-week decline in a year and potential homebuyers waiting for rates to drop responded, said Josh Mettle, division president...

Commission lawsuits pile up: NAR, Keller Williams named in new South Carolina case

Another day, another commission lawsuit — this time in South Carolina. On Monday, plaintiff Shauntell Burton filed a federal antitrust lawsuit in the U.S. District Court...

Fidelity and Doma report Q3 title earnings

Fidelity National Financial finished out third-quarter earnings reporting for the Big Four title firms this week, hosting its earnings call with investors and analysts Wednesday morning. While...

Donna Gland, head of talent development and resources at NAR, to retire

Longtime National Association of Realtors’ (NAR) staff member Donna Gland has announced her retirement, according to an email sent by CEO Bob Goldberg to NAR members...

NAR president offers guidance on how agents can navigate commission lawsuit uncertainty

In her first video appearance since the jury verdict in the Sitzer/Burnett commission lawsuit, National Association of Realtors president Tracy Kasper told NAR members that she...

CoreLogic announces new augmented reality appraisal tool

CoreLogic announced on Thursday the launch of “ScanToSketch,” an augmented reality (AR)-based property measuring and sketching tool to create home appraisal reports. Developed using CoreLogic’s appraisal software...

Point, Redwood Trust issue $139M home equity investment securitization

Redwood Trust and home equity fintech lender Point have closed on a $139 million bond secured by 1,577 home equity investment (HEI) contracts. The two companies...