Equity Angels—a social impact organization dedicated to fostering fair access to innovation and opportunity—has named its 2024 cohort for its first-ever accelerator program. Upfront provides innovative financial solutions for agents and brokers, The Studio Home leverages Web3 visualization for curated home furnishings, Maverick Systems optimizes big data analytics for agent acquisition and retention,...
28 May 2024
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.5% annual gain for March, the same increase as the previous month. The 10-City Composite saw an increase of 8.2%, up from an 8.1% increase in the previous month. The 20-City Composite posted a slight year-over-year increase… The post Case-Shiller: Home Prices Way Up in March Due to...
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. This week saw previously decided matters on the legal side of the real estate world revived, with the National Association of REALTORS® (NAR) arguing against the renewal of investigations and suits against itself.… The post Court Report: Parks...
Do you know a new agent who is achieving extraordinary results in their rookie year? RISMedia’s third-annual 2024 Real Estate Rookie of the Year contest is accepting nominations, and now is your chance to recognize a real estate rookie! Nominations may be submitted here. Deadline ends 11:59 p.m. on Wednesday, June 5. RISMedia’s Rookie of… The post It’s Time to Nominate a 2024 Real Estate Rookie...
Longtime Homes.com President David Mele has officially parted ways with CoStar Group. Mele had previously hinted at an upcoming career move in recent conversations with RISMedia, indicating that he would be taking some time off before pursuing his next role. He reported to real estate trade media last week that this role will not be… The post David Mele Departs CoStar With Homes.com in Prime Position...
The 22nd anniversary of my real estate license passed a few weeks ago. Ooh Rah! (Sorry. My military is showing.) While I have had a license for that many years, I have been involved in real estate since 1988. That’s when I purchased my first rehab property—36 years ago. In the 14 months before obtaining… The post Op-Ed: Our Industry is Finally Studying the Craft of Buyer Agency—It’s About Dang...
National Association of Home Builders (NAHB) and Wells Fargo have released a new quarterly Cost of Housing Index that underscores the housing affordability crisis in America. The report revealed that in Q1 2024, 38% of a typical family’s income was needed to make a mortgage payment on a median priced new single-family home in the… The post Families Must Spend 38% of Their Income on Mortgage Payments,...
Consumers are experiencing conflicting feelings about the economy as differing reports come in from The Conference Board and University of Michigan, with a more positive assessment of the current business climate clashing with renewed worries about inflation. Consumers’ confidence reversed course and saw an increase in May after three months of decreases, according to the… The post Consumer Confidence...