Trial for NAR, brokerage class action commission lawsuit is postponed
Those awaiting the verdict from a federal class action commission lawsuit filed against the National Association of Realtors (NAR) and several national brokerages will have to wait a bit longer. The trial in the Sitzer lawsuit (named after its lead plaintiff) was scheduled to begin on February 21, 2023, but at the request of real […]
Eight can’t-miss conferences for agents in 2023
Are you looking to up your real estate game in 2023? Attend a conference! Attending in-person conferences allows real estate professionals to connect with their peers from across the industry, gain invaluable insights into today’s market and grow their businesses. There is no shortage of fantastic conference options in 2023, but RealTrends has compiled eight […]
Altos President Mike Simonsen’s 2023 housing market outlook
It’s been quite a year. When we started 2022, everything was crazy — bidding wars, immediate sales, overbidding on homes, mortgage rates under 3% — what a year it’s been. This article will focus on what we can see for 2023. We’ve got a few more weeks of this year, we have the second week […]
Corcoran Group pieces an affiliate back together in NorCal
After announcing on Monday that Corcoran Group was terminating all Corcoran Global Living franchise agreements, which sent affiliated agents and teams throughout California, Nevada and Ohio adrift, the firm has announced the launch of its newest affiliate, Northern California-based Corcoran Icon Properties. The new affiliate is comprised of 24 offices and over 900 sales associates […]
Snow Job: Fed Admits Gov’t Job Estimates too High by Over 1-Million, which Means Serious Peril!
Having written that Powell’s Peril Lies in the Lanquishing Labor Market and that we are Fed up and Under-Fed All at the Same Time because Everyone Sings the “Strong Labor Market” Tune in Unison … and They’re All DEAD Wrong, I finally get some VINDICATION! Major vindication! Until now, I’ve read no one agreeing with […]
Five Notable Items for Asia Watchers in the National Defense Authorization Act
The National Defense Authorization Act (NDAA) for 2023 authorizes $857.9 billion in national defense spending and includes numerous important provisions related to the Indo-Pacific region. Below are five of the top items related to Asia, followed by a full list of relevant NDAA sections. Supporting Taiwan: Congress included the Taiwan Enhanced Resilience Act, which includes […]
FHA clarifies dual role restrictions for single-family transactions
The Federal Housing Administration (FHA) issued clarification on Thursday regarding the extent in which employees in single-family housing transactions are allowed to play dual roles — and how much they are allowed to be compensated from a single FHA-insured transaction. The clarification, issued in a Mortgagee Letter by FHA Commissioner Julia Gordon, notes that participants who […]
ALTA: Protecting property rights with title insurance
For most real estate industry professionals, title insurance needs no introduction. A trusted product, title insurance has been used to protect real estate transactions and property rights for over a century. However, most Americans don’t learn about title insurance until they buy their first home and amid the often stressful, frenetic activity of the closing […]
HW+ Member Spotlight: Nicole Fortunaso
This week’s HW+ member spotlight features Nicole Fortunaso, Head of Marketing at PropStream. Below, Fortunaso answers questions about the housing industry: HW Media: What is your current, favorite HW+ article and why? Nicole Fortunaso: I loved the announcement that you purchased Altos Research and then explored it on Clayton Collins’s Podcast with Mike Simonsen — The Altos CEO. HW […]