by Beth McGuire | Jul 24, 2024 | Best Practices, Brokers, Industry News, Latest News, National, News, Premier |
In a court filing July 23, CoStar Group has asked a judge for an order for expedited discovery in its legal conflict with realtor.com parent Move, Inc. Included in the filing is that James Kaminsky, the CoStar employee formerly employed by Move, who Move claims...
by | Jul 24, 2024 | Industry News, Latest News, National, News, Premier |
Rent prices continued to drop for the 11th straight month this June, according to the latest data from Realtor.com®. Despite continued decreases, however, rents remain elevated from the pre-pandemic levels of 2019. Realtor.com’s Rental Report for June found that...
by | Jul 24, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Sales of single-family homes in June were 0.6% below the May rate of 621,000, reaching a seasonally adjusted rate of 617,000, according to data released by the U.S. Census Bureau and the Department of Housing and Urban Development. This is significantly below—7.4%,...
by | Jul 24, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
CoStar Group, the commercial real estate heavyweight that is making waves in residential spaces, announced in an earnings call July 23 that revenue for the quarter ended June 30, 2024 was $678 million, up 12% over revenue of $606 million for the quarter ended June 30,...
by | Jul 24, 2024 | Industry News, Latest News, National, News, Politics, Premier |
Six federal agencies—including the Consumer Financial Protection Bureau (CFPB), the Federal Housing Finance Agency (FHFA) and the Federal Deposit Insurance Corporation (FDIC)—recently announced a new standard of quality controls for automated valuation models, or...
by | Jul 23, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Despite a barrage of headwinds agents are facing in the current market–notable reductions in sales volume, record-high home prices, elevated inflation and increased uncertainty they will even stay in the business over the next two years–inventory has been increasing...