Real Estate Industry Overview & Trends
Colorado-based Covius will continue to provide integrated title and closing services to Blend's customers, and Title365 President Kirby Hulbert will join Covius' settlement services team
The federal law enforcement agency withdrew objections to a 4th proposed settlement between plaintiffs and MLS PIN Tuesday, but cautioned that the MLS was not immune to future legal action
The 4th amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN's platform and raises the total proposed settlement fund from $3M to $3.95M
Since peaking at 246 offices in the fourth quarter of 2023, RE/MAX's mortgage brokerage franchising business has experienced declines for 5 consecutive quarters
Months after streamlining its communications and PR department, the National Association of Realtors has tapped 2 journalism and public relations veterans to lead its comms strategy
Even with more inventory entering the market, homebuyers are struggling with elevated mortgage rates, NAR Chief Economist Lawrence Yun said, leading to fewer signed contracts
Promise that the government will maintain 'implicit guarantees' of the companies' obligations suggests that what Trump has in mind is monetization, not privatization
The new rendition of UD Advisor adds upgraded visual presentations, quicker report delivery times, a scalable version of the service for teams or entire brokerages and an appraiser slide
Changes would offer a specific definition of 'harassment' and aim to reduce liability. The prospect of change comes as Texas lawmakers consider a bill that could conflict with current NAR rules
The companies settled in a case known as Hooper. Their settlements have been the subject of months of legal wrangling over allegations that they shopped around for the best deal
In notifying shareholders of its upcoming June 18 annual meeting, the company detailed $49.8M in restricted stock awards granted to 5 top executives over the past 3 years
Zillow will send warnings about non-compliant listings beginning May 28 but enforcement won't start until June 30. Agents will receive 2 warnings before their 3rd non-compliant listing is blocked
Lone Wolf began notifying customers of the popular customer relationship manager software's imminent shutdown 'a few weeks ago,' Lone Wolf CEO Jimmy Kelly told Inman exclusively
Lawsuit seeks class action status to represent Redfin shareholders, claiming they need more information about financial advisor's potential conflict of interest before June 4 merger vote
New Elevate program providing 'concierge-level services' to agents is off to such a strong start that Fathom executives have temporarily suspended guidance while they rework 2025 forecast
Texas Gov. Greg Abbott announced that he'd halted development on a Muslim mixed-use project in Plano. Developers said Abbott's investigations are unfounded and rooted in Islamophobia
Opinion
Many agents work with sellers to make presale updates or help buyers decide on a home because of its renovation potential. Trump's tariffs could make those pitches harder to land