New-Home Sales Jump in March
As mortgage rates rose back up to the 7% range last week and home prices remain elevated, market signs don’t necessarily point to significant improvement anytime soon. Despite the challenges, however, new-home sales continue to fight through—posting a strong rise in March. New-home sales rose 8.8% in March to a rate of 693,000, up 8.3%…
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2024 Rookie of the Year Nominations to Open May 1
After two years of incredible industry response—and an expansion to honor not just a national winner but five regional winners and 20 runners-up—RISMedia’s third annual Real Estate Rookie of the Year contest opens for nominations on May 1. A program designed to honor real estate agents who are new to the business yet achieving extraordinary…
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Stellar MLS CEO “Stands Tall” as Industry Faces Tough Questions Post-Settlement
Compensation is being removed from the MLS, and buyer agents will be required to sign written agreements with clients. Those changes affect everyone, but not everyone is reacting, adapting or preparing for them in the same way. With how local real estate remains, the path forward will depend on who you are following. Merri Jo…
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Introducing The Real Estate Agent Pledge: A Commitment to Transparency and Fairness in Real Estate Transactions
In a profession built on trust, integrity, and fairness, a new initiative is emerging to raise the bar for real estate professionals nationwide. The Jason Mitchell Group (JMG) has announced the launch of The Real Estate Agent Pledge—a transformative movement aimed at promoting transparency and fairness in every real estate transaction. The Real Estate Agent…
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Wallpaper Removal Cost Guide: DIY vs. Professional Removal
Removing wallpaper can rejuvenate or transform any space. Whether you’re updating your home’s look or preparing to put your house on the market. However, deciding between embarking on a DIY project or hiring professionals involves more than just time and effort. It’s also about understanding the costs involved. I will share my knowledge of the…
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CoStar Drops $1.6 Billion to Acquire 3D Camera Pioneer Matterport
CoStar, the commercial conglomerate-turned residential portal gate-crasher, announced today that it is acquiring Matterport in a deal worth $1.6 billion, adding what appears to be a highly complementary new business to its growing arsenal of real estate-focused companies. “CoStar Group and Matterport have nearly identical mission statements of digitizing the world’s real estate,” said Andy…
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COURT REPORT: Countdown for NAR Settlement Begins; Failed Consolidation Could Reopen Cases
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Courts rarely move fast. Although it has been over a month since the National Association of REALTORS® (NAR) announced that it was settling seller lawsuits, and 10 days since a judicial panel issued…
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What Lenders Should Do Now to Capitalize on a Potential Refinance Rebound in 2024
It wasn’t long ago when mortgage refinancing was king, generating record-breaking profits and driving lenders with more business than they could handle. During the height of the COVID-19 pandemic in 2020 and 2021, average 30-year mortgage rates in the 2% to 3% range were a boon for business. Mortgage lenders originated $2.57 trillion in refinance…
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Report: The Top 5 Cities to Move to in 2024
From a young age, we all have an idea of a dream destination that we’d like to call home; somewhere luxurious on the water, or in some cases, a small remote cabin on a lake far from civilization. The idea to call a house or community our own is what most in modern society strive…
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HomeAdvantage Acquires Real Estate Connection
HomeAdvantage—a subsidiary of Jason Mitchell Group Holding Partners—announced the acqusition of Real Estate Connection (REC)—a REALTOR® management company and brokerage. REC will now offer the HomeAdvantage product and nationwide MLS for lender accounts. HomeAdvantage is a tech-enabled platform providing nationwide MLS portals along with a nationwide network of real estate professionals, streamlines the home buying…
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