Housing Wire

JANUARY 18, 2024

Lights, camera, lawsuit! A copycat commission lawsuit has been filed in Los Angeles. The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. It was filed on Wednesday in U.S. District Court in Los Angeles. Patrick Thurber, a California home seller, is an additional named plaintiff in the suit.

Realtors 531

Realtors Brokerage Realty Real Estate 531

Real Estate News

JANUARY 18, 2024

The latest case, which focuses on Los Angeles, lists 35 defendants including the largest MLS in the U.S., major brokerages and two dozen associations.

Brokerage 247

Brokerage 247

Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. The 30-year fixed-rate mortgage averaged 6.6% as of Jan. 11, a decrease from last week’s 6.66%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

Mortgage 530

Mortgage Inventory Retail Construction 530

Real Estate News

JANUARY 18, 2024

Lower rates are good news for buyers, but increased demand could further erode limited inventory.

Inventory 305

Inventory Mortgage Buyers 305

Housing Wire

JANUARY 18, 2024

The city of Laguna Beach, Calif. recently offered details of its city-sponsored aging-in-place program, dubbed “Lifelong Laguna,” in a profile published by CNBC. It provides new insight into the measures cities can explore to more easily facilitate aging-in-place goals for older residents. 2021 research from AARP indicates that 77% of adults at or over the age of 50 want to stay in their homes as they get older, but the figure in Laguna Beach is much higher.

Realtors 464

Realtors 464

Real Estate News

JANUARY 18, 2024

Defendants in the Gibson case — which no longer includes Hanna — were also denied a request for a delay on Wednesday.

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224

Real Estate News

JANUARY 18, 2024

A jury ruled in September that Zillow was not deceptive in the way it displayed non-MLS listings.

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Housing Wire

JANUARY 18, 2024

Closing software provider Qualia is accusing a former employee and startup title production software firm Settlor of stealing trade secrets. In a lawsuit filed on Tuesday in U.S. District Court in Denver, Qualia claims that its former senior manager of product at Resware Krista Myers , who is now a product manager at Settlor, secretly stole data from Qualia before she resigned from her position.

Contracts 421

Contracts Government Business Marketing 421

Eyes on Housing

JANUARY 18, 2024

The NAHB/Westlake Royal Remodeling Market Index (RMI), a measure of sentiment among professional remodelers, for the fourth quarter posted a reading of 67, increasing two points compared to the previous quarter. Remodelers’ sentiment was quite positive at the end of 2023, when seasonally adjusted for the slowdown that invariably occurs during that part of the year.

Marketing 187

Marketing 187

Housing Wire

JANUARY 18, 2024

Ted Tozer, former president of Ginnie Mae during the Obama administration and current president Alanna McCargo’s most recent Senate-confirmed predecessor, applauded the news that the company is looking into the development of a new Home Equity Conversion Mortgage (HECM)-backed Security (HMBS) product. Announced earlier this week as a part of a broader effort to introduce more liquidity into reverse mortgage-backed securities, the new product would enable the acquisition of loans from an HMBS poo

Development 421

Development Government Insurance Mortgage 421

Inman

JANUARY 18, 2024

Fannie Mae economists no longer expect a recession and are considerably more optimistic that mortgage rates have additional room to come down below 6 percent.

Mortgage 195

Mortgage Marketing 195

Housing Wire

JANUARY 18, 2024

Dark Matter Technologies , formerly Black Knight Origination Technologies, is gearing up to bring more lenders on to use its Empower loan origination system in 2024. The firm is primarily focused on creating an application programming interface (API) marketplace where Dark Matter Technologies can collaborate with developers on automation and cutting expenses for third-party vendors and lenders.

Technology 418

Technology Marketing Architecture Clients 418

Inman

JANUARY 18, 2024

As many as 80 percent of agents are using AI to do things like write listing descriptions, but real estate leaders also have concerns about "guardrails" for the tech.

Real Estate 187

Real Estate Agents Technology 187

Housing Wire

JANUARY 18, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Jim Butler, chief technology officer at Stavvy , to talk about moving real estate from paper to a digital transaction, how the company is using AI, and the vibe you get working with industry experts. Previously, Butler served as CTO of HqO, an employee experience platform for commercial office buildings, and CTO of Global Supply Platforms for Verizon Media.

Technology 322

Technology Real Estate Architecture Investing 322

Inman

JANUARY 18, 2024

The duplex at Central Park Tower marks one of the rare deals in New York City that has commanded nine figures in recent years. When it was first listed in early 2023, the unit asked $175 million.

Contracts 176

Contracts Development Marketing 176

Empire Appraisal Group

JANUARY 18, 2024

Parkland Market update, YTD and Q3 2023 For over 20 years we have been providing real estate valuation services to Parkland and the rest of Broward County. We specialize in setting an accurate listing price for your home whether you are selling for sale by owner or using an agent, we value the marital home for divorce / dissolution of marriage, for estates we can provide the properties value as of the date of death, for immigration purposes as part of an affidavit of support, trusts, guardians

Marketing 78

Marketing Valuation Real Estate Agents 78

Inman

JANUARY 18, 2024

Attorney and new Inman Contributor Rachel Streitfeld examines how changes to Florida's zoning laws could free up vast tracts of land for high-density new home construction.

Law 175

Law Construction Real Estate Agents 175

Boston Appraisal

JANUARY 18, 2024

The post Let’s embark on a journey to know about Boston’s Neighborhoods appeared first on Boston Appraisal Services.

Appraisal 78

Appraisal 78

Inman

JANUARY 18, 2024

With its new Power Players list, Inman recognizes 137 industry leaders for their power and influence as it kicks off a year of expanded awards.

Real Estate 192

Real Estate Brokerage Agents Mortgage 192

Boston Appraisal

JANUARY 18, 2024

The post Let’s embark on a journey to know about Boston’s Neighborhoods appeared first on Boston Appraisal Services.

Appraisal 78

Appraisal 78

Inman

JANUARY 18, 2024

The Federal Trade Commission has ordered Ganadores Real Estate to refund consumers after making false real estate coaching and mentoring promises. The group charged $28,000 per student and promised six-figure returns.

Real Estate 165

Real Estate Investing 165

Lamacchia Realty

JANUARY 18, 2024

Thursday, January 18 th, 2024- Chief Operating Officer Jackie Louh announced that Sarah Hatch has been promoted to Vice President of Relocation. This comes after over six years of Sarah being in the relocation business and recently passing upon her first attempt and receiving her designation as Certified Relocation Professional, CRP. Sarah has been managing most of the Relocation Department for over a year and took on even more of the leadership role last May when Shane Bronson, who was the pre

Clients 74

Clients Real Estate Training Realty 74

Inman

JANUARY 18, 2024

When New Mexico builder Abrazo Homes named its floor plans after iconic historical women, it ignited a social media firestorm. Here's why using celebrities and cultural figures without permission to market your business is such a bad idea.

Marketing 164

Marketing Business Construction Brokerage 164

BiggerPockets

JANUARY 18, 2024

Want to learn how to buy a house in 2024? Whether you have outstanding credit or your score could use a little work, there are different ways to buy.

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79

Inman

JANUARY 18, 2024

Find out how this luxury specialist is achieving record sell-outs of high-end developments throughout South Florida and motivating her teammates to achieve the extraordinary.

Development 164

Development Brokerage 164

Mortgagebroker News

JANUARY 18, 2024

The direction of rates will have huge influence over Canada’s housing and mortgage markets in 2024

Mortgage 78

Mortgage Marketing 78

Inman

JANUARY 18, 2024

Trend could bode well for the spring homebuying season, the Mortgage Bankers Association said Wednesday, but Fed may take its time before cutting rates.

Mortgage 176

Mortgage Marketing 176

Mortgagebroker News

JANUARY 18, 2024

Renewal-related uncertainty "will shape 2024," company says in outlook for the year

Mortgage 71

Mortgage 71

Inman

JANUARY 18, 2024

In his latest Snapshot profile, Brandon Doyle looks at the career of Sunny Lake Hahn, traces her real estate journey and shares her best advice.

Business 180

Business Real Estate Agents 180

Mortgagebroker News

JANUARY 18, 2024

Artificial intelligence and machine learning are poised to shake up the mortgage industry

Mortgage 71

Mortgage 71

Inman

JANUARY 18, 2024

Pacaso's senior vice president of industry relations sat down with Inman ahead of Inman Connect New York next week to share the vacation-home platform's big expansion plans for the new year.

Investing 160

Investing Marketing 160

Mortgagebroker News

JANUARY 18, 2024

Ensuring clients are as prepared as possible is a key consideration for top brokers

Clients 70

Clients Mortgage 70

Inman

JANUARY 18, 2024

MV Realty was under scrutiny for deceiving homeowners in financial distress into signing exclusive listing agreements that lasted 40 years in exchange for cash.

Realty 166

Realty Brokerage Real Estate Agents 166

BiggerPockets

JANUARY 18, 2024

Snowbird season is coming to THESE real estate markets.

Marketing 78

Marketing Real Estate 78