Real estate influencers allegedly scammed investors out of millions
A Florida-based couple running a real estate coaching and investment company is operating a scam that’s defrauding rookie investors, according to a handful of lawsuits filed in federal court
by Taylor Anderson Aug 21
Home prices ticked up in April as market faced a mixed bag
One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat
by Jim Dalrymple II Jun 27
Anthony Hitt: E&V looks to future while doubling down on the basics
Following a brand 'refinement,' Engel & Völkers will continue rolling out more technology updates to better arm agents to serve the clients of tomorrow, all while sticking to its core values, Hitt said
Luxury home purchases hit record low as buyers eye other investments
Luxury home sales fell 44.6% year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say
by Jim Dalrymple II Mar 10
Homebuyer dollar stretching further as rates drop: Zillow
As mortgage rates have dropped from a roughly 7% peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3K monthly payment
A basketball just missing the basket
Deal that values Suns and Mercury at $4B sets the stage for nation's largest mortgage lenders, United Wholesale Mortgage and Rocket Mortgage, to be court rivals
by Matt Carter Dec 21
The Agency expands to include mortgage and other services
Luxury brokerage The Agency announced national partnerships Friday with CrossCountry Mortgage, Choice Home Warranty and home inspection provider Pillar to Post
by Matt Carter Nov 15
EXp picks up top-performing teams from Keller Williams, RE/MAX
The Incorvaia Team and the Ige Johnson Group are the latest in a long string of teams to jump ship for the virtual brokerage
by Jim Dalrymple II Sep 1
Inventory insanity: Why are there no homes for sale in America?
Inventory has been tight for a long time now, but this spring agents across the country are seeing something different — and more difficult
by Jim Dalrymple II Apr 12
Rents rise in suburban and rural areas, remain flat in urban centers
Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines
by Lillian Dickerson Mar 29
Frontline workers are at greatest risk of housing shortage
A new study from the Urban Land Institute shows that middle-income households of frontline workers are being impacted most significantly by exacerbated housing shortages as a result of the pandemic
by Lillian Dickerson Mar 16
US home equity levels rose in Q3
Equity-rich properties made up about 28.3% of mortgaged homes in the US during the third quarter, up from 26.7% the previous year, according to a new report by Attom Data Solutions
Vacant zombie properties continue to decline amid foreclosure moratorium
In the fourth quarter of 2020, properties in the process of foreclosure decreased 7.3% from the previous quarter while the number of properties sitting empty declined 4.4%
by Lillian Dickerson Oct 28
Foreclosure activity hits historic lows as filings drop 81%
Foreclosure filings dropped to a new low in the third quarter of 2020 to a number not seen since the first quarter of 2008
by Lillian Dickerson Oct 14
Zombie foreclosures see modest increase in third quarter
Although the total number of properties in foreclosure is down 16% from the previous quarter, zombie foreclosures increased from 3% to 3.7% of all properties, according to Attom Data Solutions
by Lillian Dickerson Aug 26