by | Feb 27, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In a Q4 2023 earnings call Feb. 26, iBuyer Offerpad put a positive spin on negative news of a $15.4 million loss, down 23% from Q3 2023 and 87% down from a year ago, when the company lost $121.1 million. Offerpad’s overall 2023 net loss totaled $117.2 million, down...
by | Feb 27, 2024 | Industry News, Latest News, National, News, Premier |
January saw median rents drop for the sixth straight month, with year-over-year prices down -0.3%, according to Realtor.com’s January 2024 Rental Report. Renters are experiencing much-needed relief, although prices are still 18.3% higher than pre-COVID. There is...
by Beth McGuire | Feb 26, 2024 | Industry News, Latest News, National, Premier, Teams |
Above, from left, Robert Little, Nina Gallagher and Erik Coulter Robert (Bob) Little was a mortgage broker in Las Vegas, Nevada in 2007 when the industry imploded during the worst recession in his memory. But it may have been a blessing in disguise. “In my five years...
by | Feb 26, 2024 | Industry News, Latest News, National, News, Premier |
As the housing market correction continues to unfold in 2024, with inflation slowing and mortgage rates leveling out, new-home sales saw continued growth in January after a bounce-back in December. New-home sales registered at a rate of 661,000 in January, 1.5% above...
by | Feb 26, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In the wake of a significant but expected ruling by a federal judge allowing class-action claims by recent homebuyers against real estate incumbents to go forward, both parties are laying out diverging roadmaps for a case that could prove much more significant than...
by | Feb 26, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
In a forceful commentary regarding the Department of Justice’s (DOJ) Feb. 15 Statement of Interest calling for “decoupled commissions” in rebuke of a lawsuit settlement of a case known as Nosalek v. MLS PIN, the National Association of REALTORS® (NAR) said...