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Redfin expands agent compensation plan to seven new markets

Housing Wire

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. In the wake of the NAR settlement, customers are telling us this is more important to them than ever before.” and the growing South Florida hub of Palm Beach.

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Here’s why we’ll see more affiliated arrangements being built in 2024

Housing Wire

Although what lies ahead in the world of real estate and mortgage services in 2024 remains a bit uncertain, it’s now crystal clear that, beyond the already-tired suggestion that we “survive until ’25,” quite a few businesses will be seeking to find additional sources of revenue. Here’s why.

Brokerage 408
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Pennymac pulls back on 2021 plan to hire 300+ workers in North Carolina

Housing Wire

In 2021, Pennymac vowed to create 322 jobs in Wake County, North Carolina and invest $4.3 Due to the cyclical nature of the mortgage industry, we were hopeful that the duration of elevated interest rates would not be long lasting,” Janis Allen, executive vice president of corporate real estate at Pennymac, wrote in a Dec.

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Raleigh Real Estate Trends + Forecast for 2022

Raleigh Realty

In fact, it’s estimated that owner-occupied real estate accounts for over a quarter of American households’ net worth. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing? for homebuilding prospects and number two for overall real estate prospects.

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What’s the Cost of Living in Raleigh, North Carolina?

Raleigh Realty

In fact, the Wall Street Journal recently ranked Raleigh as the third-hottest job market in America. Housing Costs Raleigh real estate trends may show some rising prices but the median price for a home in Raleigh is $419,000 — slightly below the national median of $423,600. There’s no inheritance or estate tax in North Carolina.

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Real estate agents wonder if inventory levels will ever return to ‘normal’

Housing Wire

And just like the bears who are starting to wake up from their long winter naps, homebuyers and sellers are coming out of hibernation… or at least they normally do. The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said.

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Insurance carrier exodus rattles California and Florida housing markets

Housing Wire

In addition, litigation costs on insurance claims have risen dramatically in the wake of a 2017 State Supreme Court decision that allowed courts to award plaintiff’s attorneys up to 2.5 I don’t think we will see a flood of people leaving or anything like that,” Anne Marie Würzel, an Orlando-based Mainframe Real Estate agent, said.

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