The business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement,will go into effect on Aug. 17, 2024, according to a letter sent to members on Friday by NAR chief legal officer […]
eXp Realty has acquired Broker’s LLC, a 500-agent independent brokerage based in South Florida and founded by Claudia Serna, eXp announced on Thursday. “Claudia’s impressive track record and the entrepreneurial spirit of Broker’s LLC […]
The Federal Housing Administration (FHA) on Friday published Mortgagee Letter 2024-08, which extends a foreclosure moratorium on the Hawaiian island of Maui through Aug. 4, 2024, for FHA-insured forward mortgages and Home Equity Conversion […]
Proptech company RealReports is partnering with New England-based PrimeMLS, the companies announced on Thursday. As a result, PrimeMLS’s 12,000 member agents will have access to RealReports’s wealth of property data. RealReports is a real […]
More nonwhite homebuyers and fewer White buyers have been taking out mortgages over the past five years, according to a data analysis by Redfin (NASDAQ:RDFN). Slightly less than two-thirds (62.2%) of new mortgages issued in 2023 went […]
This morning’s Labor Department data on the addition of 175,000 jobs in April and an uptick in the unemployment rate to 3.9% brought a mixed reaction from economists focused on the housing market. “An economy […]
Treasury Secretary Janet Yellen appeared to take on the role of campaign surrogate for the Biden-Harris re-election effort in a speech promoted to consider the “economic case for democracy.” In prepared remarks delivered before the […]
A landlord facing multiple indictments, a pair of new lawsuits and a boffo sale of a game show host’s estate. From the wild and wooly world of real estate, here are our hits and misses […]
The National Association of Realtors (NAR) updated when the policy changes of its Sitzer/Burnett settlement agreement will go into effect. Originally slated for July, the policies will now go into effect on Aug. 17. These […]
The minimum income required to buy a home now hovers at $116,000 nationwide, according to a new Realtor.com® report—but this threshold varies greatly based on where you live. On the high end is San Jose, CA, where homes are […]
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