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How Brant Morwald Masters the Art and Science of Balance

USA Real Estate News-RISMedia - Thu, 2024-12-05 14:44

Above, Brant Morwald In just a few short years, Brant Morwald has had more global business interactions, and gleaned more cultural insights, than most executives experience in decades. That’s certainly a major reason he was chosen to lead Constellation1 as president at age 31. As he readily admits, his journey has been a combination of…

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Discovering a Hollywood Treasure in Beachwood Canyon

USA Real Estate News-RISMedia - Thu, 2024-12-05 14:41

Property Highlights: Location: Los Angeles, California Listing Price: $865,000 Features: Luxury condo with one bedroom and one bathroom. Added Appeal: Private patio with lush landscaping, dedicated garage space and just minutes from popular dining and shopping spots in Beachwood and Franklin Village, with easy access to Hollywood, Los Feliz and more. Amid the elusive allure…

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Judge Grants Protective Order Preventing Forensic Review of Cell Phone in eXp Sexual Assault Case

USA Real Estate News-RISMedia - Thu, 2024-12-05 14:08

During a video hearing held this week related to discovery in the Acevedo v. eXp sexual assault case, a judge heard arguments to decide whether or not to grant a protective order that would prevent a forensic examination of eXp Founder & Chairman Glenn Sanford’s cell phone, with the defense arguing that the plaintiff’s request…

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Are you a DINK? This luxe Brooklyn building is NOT about the kids

USA Real Estate News-Inman - Thu, 2024-12-05 13:42
655 Union Street is making an effort to appeal to younger dual-income, no-kids couples — colloquially known as "DINKs" — with an array of amenities for more mature residents.

Mortgage Rates Dip to Lowest Level in Over a Month

USA Real Estate News-RISMedia - Thu, 2024-12-05 13:29

The 30-year fixed-rate mortgage (FRM) averaged 6.69% this week, down from last week’s average of 6.81% and falling to its lowest level in over a month, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “Despite just a modest drop in rates, consumers clearly have responded as purchase demand has…

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Weichert, following eXp again, suffers settlement setback

USA Real Estate News-Inman - Thu, 2024-12-05 13:05
The company's request to pause one case while cutting a deal in another was just denied. The denial highlights a controversy over a settlement method known as a "reverse auction."

Second Consecutive Quarterly Gain for Mortgage Lending, a Pattern Not Observed for 3 Years

USA Real Estate News-RISMedia - Thu, 2024-12-05 12:53

The growth in mortgages issued showed a second consecutive quarter gain, a pattern not observed for three years, according to the latest loan origination report from ATTOM Data.  The latest report shows that in the third quarter of 2024, 1.67 million mortgages were issued, a 1.9% increase both quarterly and year-over-year. Despite this increase in…

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Aaron Kirman: ‘It’s business as usual’ after Compass acquisition

USA Real Estate News-Inman - Thu, 2024-12-05 12:34
The day after Compass announced its acquisition of Christie's International Real Estate and @properties, Christie’s International Real Estate Southern California owner Aaron Kirman said his brand will be unchanged.

Patrick Dovigi sells Aspen mansion for $55M, turns a $6.25M profit

USA Real Estate News-Inman - Thu, 2024-12-05 12:08
In the spring, he sold another Aspen mansion for $110 million, making a substantial profit after purchasing the property for $72.5 million in 2021. In September, he acquired Jack Nicholson's former estate for $59.75 million in an off-market deal.

Become a ‘knowledge broker’ as real estate turns the page

USA Real Estate News-Inman - Thu, 2024-12-05 12:00
In the wake of NAR’s settlement and rule changes, now is the time to communicate confidently, get creative and position yourself as a knowledge broker, Buying Beverly Hills’ Jon Grauman writes.

‘Active’ Agents Decreasing, but Brokers Looking Past NAR Settlement

USA Real Estate News-RISMedia - Thu, 2024-12-05 11:57

Real estate brokers are seeing an exodus of active agents in their markets—though whether this is a response to recent policy changes or just a seasonal fluctuation is currently unclear. According to RISMedia’s latest Broker Confidence Index (BCI) survey, a huge majority of brokers—90%—observed a decrease in the number of agents who are actually present…

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Appeals of NAR, HomeServices Lawsuit Settlement Approval Begin Rolling In

USA Real Estate News-RISMedia - Thu, 2024-12-05 11:32

A flurry of appeals of a federal judge’s final approval of the landmark National Association of REALTORS®’ (NAR) $418 million commission lawsuit settlement were filed with the Eighth District Court of Appeals days after the ruling, indicating the legal fight is far from over, according to new court documents. Although U.S. Judge Stephen R. Bough…

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Anywhere Supports Covenant House With ‘Sleep Out’ to Fight Against Youth Homelessness

USA Real Estate News-RISMedia - Thu, 2024-12-05 11:31

Above, Anywhere members of The Wharf team in Washington, D.C. set up their sleep stations for the night to support the Covenant House and its fight against youth homelessness. Anywhere Real Estate Inc. has announced its charitable foundation, Anywhere Gives, recently participated in “Sleep Out,” a program run by Covenant House, an organization that fights…

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PropStream Announces New Upside Down Lead List

USA Real Estate News-RISMedia - Thu, 2024-12-05 11:24

PropStream has announced a new Lead List to its menu: Upside Down. An “upside-down” mortgage is when a homeowner owes more on a property than it is worth, and is often referred to as “underwater” or “negative equity. PropStream stated that being able to research underwater properties is an excellent resource for real estate pros…

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