The Fed doesn't have direct control over mortgage rates, but they've come down dramatically as investors are convinced policymakers will cut rates at their 3 remaining 2024 meetings
by Matt Carter Aug 28
Shares in the cloud banking solutions developer are down 14% after it says that mortgage tech business acquired for nearly $1B has been a drag on growth but is expected to pick up
by Matt Carter Aug 28
James Kaminsky, a former Realtor.com editor accused of taking trade secrets with him to CoStar, transferred access to at least 40 documents 2 days before he left the job, according to legal filings
by Taylor Anderson Aug 28
Victims have been cheated out of hundreds of thousands of dollars overnight, with imposters also gaining access to borrowers' sensitive personal information, California regulators say
by Matt Carter Aug 28
The case is part of a long-running legal battle between Davis, an ex-CEO of Keller Williams, and his former employer. An earlier case Davis filed against KW was also ordered into arbitration
by Jim Dalrymple II Aug 28
In June, the median down payment soared to a record $67,500, a 14.8% increase from $58,788 the previous year, according to a Redfin analysis
by Richelle Hammiel Aug 28
Herman was one of the first agents to follow Ryan Serhant to his eponymous firm from Nest Seekers International, where she had been a member of his team for more than 5 years
by Lillian Dickerson Aug 28
The first season of the hit reality series featuring agents from Ryan Serhant's brokerage dropped on Netflix 2 months ago. A release date for the second season wasn't immediately revealed
by Lillian Dickerson Aug 28
The franchise has 24 offices with the launch of its latest in Palo Alto, Inman has learned. Managing Broker Benyam Mulugeta and Sales Manager and Partner Susan LaRagione are at the helm
by Lillian Dickerson Aug 28
Reimagine sales, marketing and instruction by using digital avatars to bring the human touch to content without the cost, land investment specialist Curtis Williams writes
by Curtis Williams Aug 28
In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer
by Andrea V. Brambila Aug 27
Touted as faster and more affordable, Calque's new 'Contingency Buster' product is tailored to homeowners who don't need to tap their equity when buying their next home, executives say
by Matt Carter Aug 27
The supermodel and her husband are the proud new owners of the iconic $29.5M Malibu, California, 'Wave House,' sold for the first time in 36 years
by Richelle Hammiel Aug 27
How low do rates need to go to reinvigorate the housing market? Buyer and seller responses vary in the latest Inman-Dig Insights consumer survey, suggesting its contours are still being shaped
by Daniel Houston Aug 27
The move follows a public rift between the CEO of Tesla and the maker of ChatGPT. Musk had previously been paying rent for OpenAI's headquarters.
by Taylor Anderson Aug 27
Lender creates and funds an escrow account that's used to cover the difference between the full monthly mortgage payment and the payment with the reduced rate until the buydown expires
by Matt Carter Aug 27