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Real Estate News for Realtors and Brokers
URL: https://www.inman.com
Updated: 1 day 2 hours ago

Lending activity plummeted during Q1, fastest YOY decline in 8 years

Wed, 06/08/2022 - 21:01
A report found overall residential lending to be down 32 percent between the first quarters of 2021 and 2022, with refinancing lending dropping 22 percent and mortgages dipping 18 percent.

Homeowners gained $3.8T in equity over the past year, CoreLogic says

Wed, 06/08/2022 - 15:17
Homeowner equity grew by 32.2 percent in the past year as the number of borrowers underwater on their mortgages fell to a new low. California, Hawaii and Washington led the way.

Mortgage demand drops to 22-year low as rates rebound: MBA survey

Wed, 06/08/2022 - 12:44
As Fed embarks on "quantitative tightening," interest rates could come under renewed pressure.

Move acquires real estate agent marketplace UpNest

Wed, 06/08/2022 - 12:23
Move has acquired real estate agent marketplace UpNest for an undisclosed amount. UpNest will be used to bolster Realtor.com's buyer and seller services, the company said.

Better CEO to colleagues: Biden death would be a boon for business

Wed, 06/08/2022 - 12:09
New whistleblower lawsuit claims Vishal Garg made misstatements 'all aimed at duping investors and shareholders' amid quest to bring Better public.

Part of the job? Hell no! Harassment of female agents has to end — now

Wed, 06/08/2022 - 09:07
A man, possibly operating under a pseudonym, has been harassing women in real estate online and on phone calls for the past two years. He has been the subject of several complaints across the country, in New Jersey, Ohio, Virginia and California.

Coldwell Banker agent cold call suit heads to trial as a class action

Wed, 06/08/2022 - 07:34
Homeowner plaintiffs allege Realogy uses its corporate structure to profit from and escape liability for letting its agents violate the law through "incessant unwanted telemarketing calls."

Ribbon partners with Coldwell Banker Heritage for Ohio launch

Wed, 06/08/2022 - 06:47
Ohio is the sixth new state the New York-based Power Buyer has added this year, giving it a presence in 13 states.

Collabra Technology debuts real estate marketing platform RElumio

Wed, 06/08/2022 - 06:00
RElumio is available through partnerships with MLSs and Realtor associations, designed to make it easy for agents to share marketing materials.

How are the schools? Three alternative rating sites to help your clients research their options

Wed, 06/08/2022 - 02:00
There's more than one online resource to help your clients research local school systems. Taking a broader view of school ratings and the methodologies they use to arrive at their conclusions can elevate thousands of schools nationwide that are unfairly underrated by today’s dominant system.

Preventing unintentional housing discrimination

Wed, 06/08/2022 - 02:00
As Realtors, we are responsible for ensuring that our actions do not unintentionally discriminate against any individual or group. Unfortunately, unintentional discrimination can be challenging to identify and even more difficult to avoid.

The most important mortgage column you may ever read

Wed, 06/08/2022 - 02:00
An “All-In-One-Mortgage” combines a bank account, a mortgage, and an equity line of credit (the equivalent of a HELOC) into a single product that accomplishes each of these goals. Author and consultant Bernice Ross discusses its potential for homeowners and investors.

What’s the craziest way you’ve kept a transaction together? Pulse

Wed, 06/08/2022 - 02:00
This week, we're wondering: What's the wackiest thing you've had to do to get a deal done? Let us know in this week's Pulse.

Get on board: Training your team for fair housing

Wed, 06/08/2022 - 02:00
Any time you spend preparing your teams to handle fair housing questions will save you time, money and reputation in the long run. Agent Joel Lock provides strategies that allow you to go above and beyond so that the fair housing message truly sinks in with agents.

RE/MAX Holdings appoints its first-ever Black female board member

Tue, 06/07/2022 - 16:00
RE/MAX Holdings has chosen hospitality mogul Annita M. Menogan to become its first-ever Black female board member, according to an announcement on Tuesday. Menogan will serve alongside ten other members including founder Dave Liniger, interim CEO Steve Joyce and Teresa Van De Bogart, who shareholders also re-elected on Tuesday.

Homebuyer sentiment hits new low for 3rd month in a row

Tue, 06/07/2022 - 14:07
Although 76 percent said it was a good time to sell, rising mortgage rates are likely to make some would-be sellers reluctant to give up their existing mortgage.

The brokerage slowdown has begun: Mike DelPrete

Tue, 06/07/2022 - 14:02
The market is softening and it's reflected in quarterly declines. Fewer transactions mean less brokerage revenue.

Madison ‘TheNYCAgent’ Sutton leaves BHS for SERHANT.

Tue, 06/07/2022 - 12:48
Seven months after joining Brown Harris Stevens, real estate agent and TikTok phenom Madison Sutton has jumped ship to SERHANT. Sutton and her five-person team will operate under broker Sean McPeak, who also found early success at BHS and Halstead.

CoreLogic Chief Economist Frank Nothaft dies unexpectedly

Mon, 06/06/2022 - 16:17
Nothaft "was a brilliant spokesperson and brand ambassador" whose absence "will be felt profoundly throughout the organization and beyond," the company said.

Appeals court rejects NAR class certification challenge in lawsuit

Mon, 06/06/2022 - 14:06
The ruling means that Sitzer/Burnett moves forward as a multibillion-dollar class action, currently headed for trial in February 2023.
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