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Rising Rates Result in Mortgage Application Reversal
With mortgage rates climbing to their highest point since August recently, the role of steadily increasing home purchase application and refinance activity has reversed, with both indexes by the Mortgage Bankers Association (MBA) showing sharp decreases this week. According to the latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage loan…
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Strategic Painting Upgrades to Boost a Seller Home’s Value
As homeowners across the country seek impactful ways to boost their property’s market value, LIME Painting notes that targeted painting upgrades can significantly enhance curb appeal and resale potential. Industry research shows that professional paint projects are among the most effective home improvements for sellers and value-focused owners alike. Here are some LIME recommendations for…
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Staying Ahead in a Shifting Market
Above: Todd Engels. Todd Engels Founder SWAT Realty Group powered by Fathom Realty North Dallas, Texas https://soldinnorthtexas.com Region served: Dallas-Fort Worth Years in real estate: 10 Number of offices: We don’t operate out of traditional offices—instead, we’re structured by divisions to better serve the North Texas market. Number of agents: 21 What is the biggest…
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Forget the market reset: New England real estate holds steady
Newly Promoted Compass Exec Talks Private Listings, Bringing Tech to Anywhere Brands
Compass continues to make headlines this week as Compass International Holdings has announced the appointment of Rory Golod—previous co-leader of Compass’s brokerage business and chief of staff for CEO Robert Reffkin—to the new role of president of Growth. As the company moves forward, restructuring and setting a new path after its massive merger with Anywhere…
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Rechat lands Webby nomination, putting proptech on a bigger stage
eXp, Weichert Get Settlement Sign-Off in Copycat Lawsuit, Paying Over $44 Million
A federal judge in the Northern District of Georgia has granted final approval to a series of commission-related antitrust settlements involving several real estate brokerages, bringing an end to the cases after a prolonged fight between two groups of plaintiffs and accusations that the companies negotiated “sweetheart” deals. The dispute stems from a broader clash…
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Housing Affordability Sees Minor Improvements Despite Historic Gap: Report
Despite a trend of significant depreciation in home-price growth, home prices remain elevated overall. Coupled with rising mortgage rates, elevated inflation and wages not rising in tandem with home prices, affordability still feels out of reach for many in the housing market. However, while homeownership remains widely unaffordable, there are minor improvements being seen, according…
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Brown Harris Stevens CEO on the Value of Transparency and Resilience in Real Estate
“Standing on business” is a very Gen-Z internet term, but it has an age-old meaning. To stand on business is to stand by your morals, not cave your opinions to the whims of others and the trends. It’s a respectable trait, and one Bess Freedman—CEO of Brown Harris Stevens—emulates. As an icon of the industry,…
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Stop chasing leads! How one agent built a $150M business on YouTube
National Association of Realtors® Begins Governance Overhaul With Initial Committee Streamlining Changes
The National Association of Realtors® (NAR) has announced the first phase of governance updates aimed at improving efficiency, modernizing its committee structure and better aligning with member needs and industry priorities—specifically, “sunsetting” a handful of committees, groups and forums. The changes follow member feedback and an internal review process, according to NAR, and are part…
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EXp, Weichert settle Hooper buyer-broker commission lawsuit
Lamacchia Realty Expands in Connecticut With Acquisition of Briotti Group
Above, from left, Jackie Louh, Stephen Briotti and Anthony Lamacchia Lamacchia Realty has expanded its presence in Connecticut through the acquisition of Briotti Group, adding two offices in Waterbury and Wolcott and strengthening the brokerage’s footprint in New Haven county. The merger brings Broker/Owner Stephen Briotti and 24 agents into the Lamacchia network, as the…
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Restore the MLS: A return to cooperation, not control
Offerpad bets on AI to deliver higher-quality seller leads
Bess Freedman to Receive Lifetime Achievement Honor at REBNY’s Residential Deal of the Year Celebration
Above, Bess Freedman Brown Harris Stevens announced that CEO Bess Freedman will receive the Henry Forster Memorial Award for Lifetime Achievement at the Real Estate Board of New York’s (REBNY) 37th Residential Deal of the Year Benefit & Celebration. The Henry Forster Memorial Award honors REBNY members who have demonstrated outstanding leadership, integrity and contributions…
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