Designed to honor real estate agents who are new to the business yet already achieving extraordinary levels of success, RISMedia's third annual Real Estate Rookie of the Year award—sponsored by industry education leader, Colibri Real Estate—has announced five Regional Rookie of the Year winners for 2024. The five winners, ...read more
In a stunning development concerning major commissions lawsuit cases, U.S. District Judge Andrea R. Wood today recused herself from Batton vs. NAR, Moehrl vs. NAR and Batton v. Compass, Inc., citing a potential conflict of interest. “It has come to my attention that the spouse of a person related...
It's no secret that home affordability across the country has been an ongoing issue for years. Many are left wondering how long it will take them to save up to buy their first single-family home, and what life will be like with high mortgage payments and other monthly expenses....
Florida-based The Keyes Company/Illustrated Properties, which touts itself as the largest independent brokerage in the state, has reached an agreement to settle commission lawsuits filed by sellers, according to a filing in federal court today. No details of the agreement were immediately released. A representative from the brokerage could...
Realty ONE Group International announced it has surpassed 20,000 real estate professionals worldwide. The brand noted that their popularity continues to grow due to its 100% commission model and comprehensive offering of business coaching, support, tools and marketing. In two years, Realty ONE stated they have grown from locations ...read more
The National Association of REALTORS® has announced that Tether RE won the sixth annual Pitch Battle competition at the recent 2024 Innovation, Opportunity & Investment (iOi) Summit. NAR stated that their strategic investment arm, Second Century Ventures, presented this year's Pitch Battle in Chicago, where participating proptech startups were...
Residential home lending saw its first gain in a year during Q2 2024, with the issuance of 1.62 million mortgages secured by residential property. This represents a 23.2% increase over the first quarter. This reporting, provided by ATTOM Data Solutions, found that lenders' issued mortgages this quarter came out...
Homebuyers are increasingly stretched to buy a home, and some existing homeowners are feeling the pressure of higher homeownership costs and missing mortgage payments. Overall, there is more caution in the housing market as housing indicators continue to revert to pre-pandemic trends and both buyers and investors carefully evaluate...
Photo credit: AJ Caneria Editor's Note: Social Skills is a bi-monthly feature in RISMedia's Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. As a real estate professional, attending industry events like RISMedia's 2024 CEO & Leadership Exchange offers unlimited opportunities ...read more
Editor's Note: The Mortgage Mix is RISMedia's weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. – A Federal Reserve interest rate cut is looking more and more imminent with this month's Personal Consumption Expenditures (PCE) price index data. The PCE index increased 0.2% from...