With President Biden bowing out, and Kamala Harris now the likely Democratic nominee for the 2024 presidential election, real estate practitioners will want to know where she stands on key housing issues. After all, it’s hard to understand a leader without understanding the context of her career (Harris didn’t just fall out of a coconut… The post Where Does Kamala Harris Stand on Housing? What You...

What region of the country is seeing the most booming real estate market? While the South seems to be the obvious answer currently—with lower taxes and booming industries a natural draw to homebuyers—data suggests 17 out of 20 Sun Belt states are actually overvalued, a tell that a market at least isn’t cold.  Research by… The post Regional Spotlight: Maine and New Hampshire Outpace Fellow New...

Restb.ai has debuted a new “Special Report Series” to unlock unique visual insights provided from Restb.ai’s proprietary AI models. The inaugural report is the first-of-its-kind study to examine the impact of floor plans on Days on Market (or DOM). Restb.ai’s study examined 100,000 single-family properties listed between May 1, 2023, and April 30, 2024, across… The post Restb.ai Debuts New...

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -A rule to create more standards and quality controls for automated value models (AVMs) that are used in mortgages was finalized earlier this month. The changers were originally championed by Vice President Kamala Harris in… The post Mortgage Mix:...

The personal consumption expenditures price index (PCE) increased 0.1% in June (slightly up from May’s 0% monthly change) and was up 2.5% from a year ago, according to estimates released by the U.S. Bureau of Economic Analysis on July 26, with the annual rate showing a slight decline from the prior month. The results bode… The post Potential Rate Cut in September Still in Play After June Inflation...

Consumers continued to keep their economic hopes in check in July, as sentiment readings continue to slowly decrease. Consumer sentiment fell 2.6% in July, from 68.2 in June to 66.4, according to the University of Michigan’s latest report. This is the fifth straight month of decreases, with a 0.5% decrease in March, a 1.9% fall in… The post Consumer Sentiment Continues to Fall for Fifth Month Straight...

James Kaminsky, the former Realtor.com® and current CoStar Group employee in the middle of a data-theft lawsuit between two real estate portal giants, Realtor.com (owned by Move, Inc.) and CoStar’s Homes.com, on July 25 provided his side of the story in a court filing, writing that while he did access documents and information from Move,… The post Employee in the Middle of CoStar/Realtor.com...

Above, Kimberly Harris Campbell and Kate Reisinger RISMedia’s 36th Annual CEO & Leadership Exchange, set to unfold September 4 – 6 in Washington, D.C., promises to be an unrivaled convergence of industry luminaries and thought leaders—with a star-studded lineup of speakers who demonstrate the depth of expertise and insight crucial to addressing some of the… The post Women in Real Estate:...

This week’s blog is sparked by my recent experience at the Mike Ferry Superstar Retreat in Las Vegas, NV—an annual event that not only gathers the crème de la crème of the real estate world but also serves as a potent reminder of the foundational practices that fuel success. Immersed in the electrifying atmosphere of… The post Thoughts on Leadership: The Power of a Morning Routine appeared first on...

On July 24, one day after CoStar Group asked a judge in the U.S. District Court in California for an order for expedited discovery in its continuing legal conflict with Move, Inc., the parent company of Realtor.com, Move responded with its own filing, asking Judge George H. Wu to deny the request. The case revolves… The post Realtor.Com Parent Opposes CoStar Filing for Continuance, Expedited Discovery...