In what will certainly be one of the most important moments and choices in the history of organized real estate, the National Association of REALTORS® (NAR) has chosen to end its legal fight against a flood of commission lawsuits that have roiled the industry over the last five years,...
AI technology has taken hold of the real estate industry, and most agents don't want it to let go. In AI's early days, RISMedia shared strategies for real estate professionals to experiment with the tech, and as we've kept documenting, agents have found ways to save time with AI. ...read more
It can be frustrating and concerning when your house has been on the market longer than expected. You've made memories in this home and are likely looking forward to starting a new chapter elsewhere. However, when the sale stalls, it's crucial to reassess your strategy. We will explore five...
The influence of women in real estate leadership is growing, as is their impact on the future of the industry. That was one of the most fascinating takeaways from the Delta Media 2024 Real Estate Leadership Survey. Looking at the use of artificial intelligence in real estate, the new...
Though the housing market is correcting as of late, the rental market is still a strong contender for those seeking housing as home prices and mortgage rates remain on the higher side. While the rental market stays a strong housing contender, what markets are the ones feeling the most ...read more
First-time homebuyers have long faced a trifecta of high mortgage rates, low housing inventory and climbing home prices throughout much of the country, making homeownership a difficult journey. Despite these challenges, first-time homebuyers still made up the largest share (55%) of all agency mortgage purchase securities issuance in a...
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week's average of 6.66% to an average of 6.74% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week's numbers: The 30-year FRM averaged 6.74%, down from last week...
The American Real Estate Association (formerly but no longer using the acronym AREA) conceived in January as a potential alternative to the National Association of REALTORS® (NAR), held its first event virtually, a “listening tour,” where they heard from agents across the country about their hopes and concerns for...
The multifamily rental market recently stabilized as housing market challenges persist, seeing its first price rise in seven months. Yardi's latest National Multifamily Report for February found that multifamily rents rose slightly by $1 to $1,713, while year-over-year growth was unchanged at 0.6%. The Northeast and Midwest continue to...
Late last year, Washington, D.C. Attorney General (AG) Brian L. Schwalb announced the filing of a lawsuit against Curbio, a national pre-sale home renovation platform, for allegedly taking part in a scheme targeting the elderly and financially disadvantaged. Curbio is a fix now, pay-at-closing home improvement solution for real...