by | Apr 2, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In 2023, 308,922 single-family homes and condos were flipped in the United States, according to ATTOM’s year-end 2023 U.S. Home Flipping Report. This marks a 29.3% decline from 436,807 in 2022—the largest annual drop since 2008. In short, home flipping plummeted in...
by | Apr 1, 2024 | Industry News, Latest News, National, News, Premier |
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Commission suits old and new remain in the news; however, not all lawsuits come from the consumer side of the...
by | Mar 28, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In ongoing efforts to address housing policy and lending concerns surrounding the recent National Association of REALTORS®’ (NAR) settlement, NAR issued two letters this week to both the Department of Veterans Affairs (VA), GSEs and regulators. The letter to GSEs was...
by | Mar 28, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Above, Doug Seabolt Doug Seabolt, CEO of Rocket Homes, spoke to RISMedia in the days before the National Association of REALTORS® (NAR) chose to settle seller commission lawsuits and make significant changes to real estate compensation practices. While the focus is...
by Beth McGuire | Mar 28, 2024 | Industry News, Latest News, National, News, Premier |
Homebuyers are continuing to turn to new construction as the antidote for a continued lack of existing homes for sale. Mortgage applications for newly built homes jumped 15.7% in February from a year ago, according to data from the Mortgage Bankers Association’s (MBA)...
by | Mar 28, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) on March 28, showing the 30-year fixed-rate mortgage averaged 6.79%, down 8 basis points from the previous week—one basis point is equal to one hundredth of a percentage point. It follows...