Corcoran Group enters nation's capitol with new franchise
In welcoming Corcoran McEnearney to its network, Corcoran grows the number of its affiliated agents by nearly 10%. The new company has offices in DC, Maryland, Virginia and West Virginia
by Lillian Dickerson Nov 19
NAR perks and lavish spending spotlight of New York Times report
Volunteer National Association of Realtors' leaders received perks and payment that lawyers say could run afoul of US tax laws, according to an investigation by the Times published on Monday
by Taylor Anderson Nov 18
CoStar moves one step closer to securing Arlington HQ
CoStar Group inked a deal with a longtime tenant of its new Arlington HQ. The tenant agreed to downsize to two floors, giving CoStar enough space for the 500 employees moving to the new HQ
by Marian McPherson Nov 4
Loose election talk is creating anxiety for agents and clients alike
With the 2024 presidential race among the tightest in memory, hundreds of agents and brokers told Inman the real estate industry is encountering prickly situations amid a contentious election
by Daniel Houston Nov 4
Share of renters paying under $1,000 hits record low, Redfin says
Only 32.1% of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2% in 2022 and 50.4% in 2012, according to an analysis from Redfin released Wednesday
by Richelle Hammiel Oct 31
A house divided? 2024 election tests the agent-client bond: Intel
Business goes on mostly undisturbed. But a survey of hundreds of agents and brokers suggests the real estate industry is facing more thorny situations amid a contentious 2024 election
by Daniel Houston Oct 21
Real estate vets launch Realty of America virtual brokerage
Led by CEO Eddie Garcia, the firm born out of Realty of Chicago already has 2,000 agents who represent more than $5B in volume. Founders have plans for expansion and, eventually, an IPO
by Lillian Dickerson Sep 23
Rocket is first mortgage lender to raise its conforming loan limits
Rocket will treat loans of up to $802,650 as conforming ahead of expected increase. Last year UWM and Rate also got a jump on the official announcement by Fannie and Freddie's regulator
by Matt Carter Sep 13
Curbio to pay $7.5M to settle Washington DC fraud lawsuit
The pre-sale home renovation company denied all allegations and said it decided to settle to focus on its path forward. Attorney General Brian Schwalb called it a win for consumers
by Taylor Anderson Sep 12
City National revamps mortgage after redlining settlement
Royal Bank of Canada subsidiary now offering grants of up to $50K in minority census tracts in the metro LA market as part of larger initiative to boost lending in underserved communities
by Matt Carter Sep 5
DC-area title companies settle agent steering scheme with AG
DC Attorney General Brian Schwalb found that 4 title companies gave financial and other perks to real estate agents in return for homebuyer referrals. The companies have agreed to pay $3M
by Lillian Dickerson Aug 29
HomeLight lands $20M, adds 40 new 'Buy Before You Sell' states
HomeLight is now partnered with more than 10K loan officers and 28K real estate agents to offer Buy Before You Sell everywhere but Alaska, Massachusetts, New York and Rhode Island
by Matt Carter Aug 26
DOJ takes aim at RealPage rent-pricing algorithm in antitrust suit
‘Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law,’ Attorney General Merrick Garland said on Friday
by Taylor Anderson Aug 23
Miami investors lose another hotel to foreclosure auction
In the same week that the investment firm lost the Waldorf Astoria in Washington DC to a foreclosure auction, CGI Merchant also had to let go of the Gabriel Miami in a second auction
by Lillian Dickerson Aug 12
Investors aren't ready to buy in to Better's comeback story
Digital mortgage lender boosted Q2 loan production by 45% and says it's on track to originate more than $1B in mortgages in Q3 for the first time in 2 years, but losses continue to mount
by Matt Carter Aug 8