Two more states sue MV Realty
Earlier this month, the attorney general’s office in Florida sued real estate brokerage MV Realty for what it called a “complex and deceptive scheme” involving the company’s Homeowner Benefit Program. Now, attorneys general Josh Shapiro in Pennsylvania and Maura Healey in Massachusetts have also filed lawsuits against MV Realty and its founder, Amanda Zachman. The […]
Real estate market starts to thaw as mortgage rates drop
As inflation and mortgage interest rates ease down this December, the ice cold real estate market of the fall seems to be thawing just a bit. Available inventory of homes on the market is declining faster that we expected — implying slightly more purchases than we expected. At the end of the year inventory always […]
Pacaso and Realm announce partnership
Second-home co-ownership company Pacaso has launched a joint effort with Realm to match luxury properties with Realm’s membership network of luxury real estate professionals. Pacaso’s listings are being integrated with Realm’s listing network, which currently operates in 42 states in the U.S. and 14 countries, representing approximately 400,000 high net worth individuals who are clients […]
4 success strategies from Century 21 agents heading into 2023
The real estate market is shaping up to be challenging, yet there are agents who are committed to going big next year by setting aggressive growth goals for the coming 12 months. What are these agents planning to do to fill the year with appointments, listings and showings? How will they have a major impact […]
Side’s Guy Gal on trends in the team business model
Today’s RealTrending features Side Real Estate co-founder Guy Gal. Side is expanding quickly despite the market headwinds. Gal discusses the future of teams, how team business models are changing, the trends he’s seeing with boutique models and what his company is doing to move the industry forward. Here is a small preview of today’s interview […]
Postcard from Australia
For an American, a first visit to Australia has a bit of a Star Trek feel to it: like being teleported to a planet with an alternate USA. The land is just as breathtakingly beautiful; the people every bit as friendly and welcoming. But close up, everything seemingly familiar turns out to be different. The […]
Forbearance rate remained flat in November
The forbearance rate held steady in November, but there are signs of deterioration in the portfolios of servicers. The Mortgage Bankers Association (MBA) reported Monday that the total number of loans in forbearance remained at 0.70% of the servicers’ total portfolio volume in November. There were 350,000 U.S. homeowners in forbearance plans as of November 30, up […]
The Omnibus Appropriations Act and the Curious Incident of the Dog That Doesn’t Bark
With the passage of another continuing resolution (CR) last week, we are ever closer to the end of Congress debacle that will fund the remaining 20 percent of federal government spending the Appropriations Committees are still responsible for. As usual, the dire consequences of what would happen to our nation’s defenses in the absence of […]
Local Markets: Louisville, Reno and San Diego
Local markets is a HousingWire magazine feature spotlighting housing trends across the country. Louisville, Kentucky Affordable housing prices combined with a vibrant history and a thriving culinary scene have certainly made Derby City a popular destination for homebuyers. However, even Louisville’s active housing market has slowed down recently. “I haven’t been seeing as many multiple […]