Inflation and home prices: two large barriers for Americans in living their dream lives. While they both are very present issues, one has had a much stronger impact due to its drastic growth rate. Home prices have risen 2.4x faster than inflation since the 1960s, according to a new analysis from Clever Real Estate. To… The post Home Prices Have Massively Outpaced Inflation appeared first on...
March 2024
On a mission to move the MLS industry forward and put the power back in the hands of brokers, REsides is riding the wave of momentum that was set in motion with the launch of its revolutionary equity-ownership model for members. Introduced in 2021, the MLS model is pioneering new ground for the real estate… The post Independent MLS Leads Needed Industry Change: Borderless, Innovation, Ownership...
After revised data on new home sales in January reflected continued strength in the sector, new home sales eased in February, but remained up over this time last year, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The latest new-home-sales report shows new single‐family… The post New Home Sales Fall in February appeared first on...
Ask anyone in the housing industry and they’ll agree that 2023 was one of the most brutal years in the industry since the Great Recession. While some of the same headwinds—high mortgage rates, low housing inventory and lower mortgage demand—that stifled business growth last year have carried into this year, there’s reason for optimism. Executives… The post Top Mortgage Lenders Reveal Their Game...
Century 21 Real Estate LLC. has further shored up its presence in the Salt Lake City Metropolitan area with its latest affiliation of Wasatch Life Realty. Now doing business as CENTURY 21 Wasatch Life Realty, the brokerage is located roughly 20 minutes from downtown Salt Lake City in Draper. The company is owned and operated… The post Century 21 Expands Further in Salt Lake City appeared first on...
Leading Real Estate Companies of the World recognized top-performing member firms and individuals at its Awards Gala, held last month at Wynn Las Vegas. The Gala was the culmination of LeadingRE Conference Week, a series of specialized events with participants from 20 countries and nearly 300 cities worldwide who came together to explore the trends… The post LeadingRE Honors Top Performers appeared first...
Fostering lifelong relationships with customers is one of the core values that drives business for leading real estate technology innovator Real Estate Webmasters (REW). Committed to building a community of customers for life, Real Estate Webmasters is celebrating their clients’ loyalty in a big way with the launch of REWards—a loyalty program that will establish… The post Building Customers for Life...
Gibson vs. NAR, one of the many real estate commission lawsuits across the industry, has proposed a trial date in the Western District of Missouri. With the onslaught of news surrounding NAR’s recently proposed settlement, it may seem confusing that Gibson vs. NAR is moving forward. The settlement, however, does not cover many of the… The post Gibson vs. NAR Proposes September 2027 Trial Date appeared...
Friday, March 15, 2024 will very likely go down in history as the day residential real estate changed forever. Whether that’s for the better is yet to be determined. On that day, the National Association of REALTORS® (NAR) agreed to settle its legal fight against a flood of commission lawsuits that have roiled the industry… The post Real Estate Reacts! NAR Settlement Views From Agents, Brokers and...
Compass is the latest major brokerage to announce that it is settling commission lawsuits, and is the first company that has only been named in copycat suits to do so, agreeing to pay $57.5 million and change practices in exchange for immunity from seller claims. The choice potentially is a harbinger of how the remaining… The post Compass Settles, Becoming First ‘Copycat’ Defendant to Tap Out...