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Real’s latest roster addition is the 150-agent ROVI Homes

Housing Wire

Steve Rovithis ROVI Homes arrived on the scene in 2015. He launched ROVI Homes in 2015. Real announced Wednesday the affiliation of ROVI Homes , a brokerage operating in the New England states of Massachusetts , Connecticut and Rhode Island , as well as Sarasota, Florida.

Agents 397
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Douglas Elliman fires brokerage CEO Scott Durkin

Housing Wire

Durkin joined Douglas Elliman in 2015, becoming chief operating officer in 2016 and president in 2017. .” Durkin’s dismissal came just days after the firm announced the retirement of parent company CEO Howard Lorber. Michael Liebowitz, the firm’s board director, was named the new chairman and CEO.

Brokerage 434
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MLS owners pursuing sale of software company Remine

Housing Wire

Founded in 2015, Remine faced financial instability, workforce reductions, and controversy over its use of MLS data. An ABC proceeding is the most efficient and responsible path forward for Remine, Unlock MLS told Inman in a statement. million professionals.

Realtors 338
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Surging home prices lead more Americans to stay in the renter pool

Housing Wire

million additional renter households and marks the second-fastest yearly pace of growth since 2015. This rate of growth is three times faster than the 0.9% increase in homeowner households, which now total 86.9 Notably, the 2.7% increase represents 1.18 The median asking rent was up 0.6%

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This Cybersecurity Awareness Month, let’s spread awareness about real estate wire fraud

Housing Wire

FBI data shows that scams in real estate deals have skyrocketed over the last 10 years from under $9 million in losses in 2015 to $446 million in 2022.

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Movement Mortgage names Steve Smith president and CFO

Housing Wire

He joined Movement in March 2015 to lead the Northeast region, was promoted to chief performance officer in 2020 and president in 2021. Michael Brennan was previously listed as the company’s president but is now listed as the national director of partner sales, according to the company’s website.

Mortgage 370
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U.S. Commercial Foreclosures Spike YoY  

Appraisal Buzz

Between 2014 and 2015, the number of business foreclosures increased steadily, reaching a high of 889 in October 2014. This early spike indicates that there was more financial turmoil in the commercial real estate market at the time.