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Top Mortgage Lenders Reveal Their Game Plans, Rebound Hopes for the Year Ahead

USA Real Estate News-RISMedia - Mon, 2024-03-25 13:06

Ask anyone in the housing industry and they’ll agree that 2023 was one of the most brutal years in the industry since the Great Recession. While some of the same headwinds—high mortgage rates, low housing inventory and lower mortgage demand—that stifled business growth last year have carried into this year, there’s reason for optimism. Executives…

The post Top Mortgage Lenders Reveal Their Game Plans, Rebound Hopes for the Year Ahead appeared first on RISMedia.

NYC’s ‘worst landlord’ attacked first day of 2-month Rikers sentence

USA Real Estate News-Inman - Mon, 2024-03-25 12:45
New York City's worst landlord, Daniel Ohebshalom, was punched on Friday during an inmate brawl at Rikers. Ohebshalom was sentenced for failing to fix more than 700 housing violations.

New Home Sales Fall in February

USA Real Estate News-RISMedia - Mon, 2024-03-25 12:32

After revised data on new home sales in January reflected continued strength in the sector, new home sales eased in February, but remained up over this time last year, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The latest new-home-sales report shows new single‐family…

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Let’s debunk 7 mainstream media falsehoods, post-NAR settlement

USA Real Estate News-Inman - Mon, 2024-03-25 12:30
Premier Sotheby’s International Realty President and CEO Budge Huskey corrects the record on commissions — and the potential impact of the NAR settlement on buyers, sellers and agents.

Squatting is having a moment. Ignore it

USA Real Estate News-Inman - Mon, 2024-03-25 12:24
A few high-profile squatting cases have gone viral in recent days, but no available data actually indicates the practice of unlawfully occupying property has become more frequent.

Independent MLS Leads Needed Industry Change: Borderless, Innovation, Ownership

USA Real Estate News-RISMedia - Mon, 2024-03-25 11:50

On a mission to move the MLS industry forward and put the power back in the hands of brokers, REsides is riding the wave of momentum that was set in motion with the launch of its revolutionary equity-ownership model for members.  Introduced in 2021, the MLS model is pioneering new ground for the real estate…

The post Independent MLS Leads Needed Industry Change: Borderless, Innovation, Ownership appeared first on RISMedia.

New-home sales fall abruptly in February for first time in 3 months

USA Real Estate News-Inman - Mon, 2024-03-25 11:39
Sales of newly built homes slipped a modest 0.3 percent between January and February to a seasonally adjusted annual rate of 662,000, according to data released Monday by the U.S. Census Bureau.

COURT REPORT: Compass Leads Copycat Settlements; Non-NAR Case Paused

USA Real Estate News-RISMedia - Mon, 2024-03-25 11:36

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. It has been just over one week since the National Association of REALTORS® (NAR) announced that it was settling seller lawsuits and agreeing to make major changes to commission practices, marking a new…

The post COURT REPORT: Compass Leads Copycat Settlements; Non-NAR Case Paused appeared first on RISMedia.

Home Prices Have Massively Outpaced Inflation

USA Real Estate News-RISMedia - Mon, 2024-03-25 11:31

Inflation and home prices: two large barriers for Americans in living their dream lives. While they both are very present issues, one has had a much stronger impact due to its drastic growth rate. Home prices have risen 2.4x faster than inflation since the 1960s, according to a new analysis from Clever Real Estate. To…

The post Home Prices Have Massively Outpaced Inflation appeared first on RISMedia.

A man is the face of SERHANT., but the firm is powered by women

USA Real Estate News-Inman - Mon, 2024-03-25 08:00
You probably know Ryan Serhant and Josh Team pretty well, but how about the firm's female leaders who are helping to drive it to success?
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