Editor's note: The COURT REPORT is RISMedia's weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Commission suits old and new remain in the news; however, not all lawsuits come from the consumer side of the real estate industry. Here's a roundup of ...read more
News Category: Real Estate News
Leading Real Estate Companies of the World® has announced that Notable has joined its Solutions Group program of preferred business resources for its global network of 550 market-leading real estate firms. Notable offers pay-at-close home improvement financing so sellers can prepare their homes to sell faster and for more....
Anywhere Real Estate Inc. has announced its inclusion on Fortune's America's Most Innovative Companies 2024 list. This marks the second year in a row Anywhere is ranked on the list, which honors companies who exhibit pioneering product innovation, process innovation, and innovation culture. The company is the highest ranking...
Above, Villa O'Calm, Saint Barthelemy, from LeadingRE memberSibarth Real Estate. Photo: Hugo Allard. Search MNPH on luxuryportfolio.com. In a real estate industry that has been riddled with strife—from inflation and high interest rates to a scarcity of inventory—finding new ways to grow brokerage business has become more challenging than ...read more
In ongoing efforts to address housing policy and lending concerns surrounding the recent National Association of REALTORS®' (NAR) settlement, NAR issued two letters this week to both the Department of Veterans Affairs (VA), GSEs and regulators. The letter to GSEs was also sent on behalf of the Mortgage Bankers...
Above, Doug Seabolt Doug Seabolt, CEO of Rocket Homes, spoke to RISMedia in the days before the National Association of REALTORS® (NAR) chose to settle seller commission lawsuits and make significant changes to real estate compensation practices. While the focus is now on those immediate policy shifts, Seabolt was...
Homebuyers are continuing to turn to new construction as the antidote for a continued lack of existing homes for sale. Mortgage applications for newly built homes jumped 15.7% in February from a year ago, according to data from the Mortgage Bankers Association's (MBA) latest Builder Application Survey. While new-home...
In our industry and world right now, there's a lot that feels heavy and/or overwhelming. And for many, that can mean a dip in motivation and a slide into “I don't want to” thinking. That's never going to help anyone succeed or lead a better life, right? I learned...
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) on March 28, showing the 30-year fixed-rate mortgage averaged 6.79%, down 8 basis points from the previous week—one basis point is equal to one hundredth of a percentage point. It follows the slight raise last week and...
Charleston, SC—Today, a panel of federal judges heard arguments from both plaintiffs and remaining brokerage defendants regarding whether the many disparate commission cases should be consolidated under one judge in one district—a decision with wide-ranging implications for the entire industry, as buyer suits remain a threat even to companies...