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A new report from the Washington, D.C. -based Consumer Policy Center (CPC) warns that the common practice of percentage-based real estate commissions may be a financial disadvantage for home buyers and sellers. The report is titled How Percentage-Based Commissions Can Harm Home Buyers and Sellers and What They Can Do About It. The CPC points to commission structures that discourage price negotiations and cause consumers to underestimate the true cost of agent fees.
The housing market has underwent significant changes over the past few years, but there are still good deals in great locations to be had. Vacasa has just released its 2025 Top 25 Best Places to Buy a Vacation Home report , a helpful resource for vacation rental home buyers new and old, as well as those seeking investment properties. Vacation Rental Real Estate Market Trends Inventory : The good news is that after the past few years of historically low listings, market inventory is slowly growi
Generating a new lead can feel like magic. That little dopamine kick you get just from talking to someone who might hire you is part of what makes this job so fulfilling. Its thrilling and addictive. But what if you could get that same rush without having to white-knuckle it through a cold call or shell out a thousand bucks a month to Zillow? Laura Griffin did just that by accident.
The U.S. Census Bureau and the U.S. Department of Housing & Urban Development (HUD) have announced new U.S. residential sales statistics for February 2025. Sales of new single-family houses in February 2025 were at a seasonally adjusted annual rate of 676,000, according to estimates released by the Census Bureau and HUDthis is 1.8% above the revised January rate of 664,000, and 5.1 % above the February 2024 estimate of 643,000.
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
New York City real estate agent Eric Conover, who built a 2.7 million subscriber YouTube following by showcasing luxury homes in New York , Miami and Aspen, was charged with attempted murder after allegedly trying to kill a police officer with his Jeep. Conover, an agent with Nest Seekers International , was arrested in Bartlett, New Hampshire, last week following a police pursuit, local TV station WMUR reported.
New home sales increased 1.8% in February compared with January to reach a seasonally adjusted annual rate of 676,000, according to estimates released jointly today by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Year-over-year, new home sales increased 5.1%. Regionally, and year-over-year, new home sales were up 12.4% in the South but were down 6.7% in the West, 13.5% in the Midwest and 50.8% in the Northeast.
New home sales increased 1.8% in February compared with January to reach a seasonally adjusted annual rate of 676,000, according to estimates released jointly today by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Year-over-year, new home sales increased 5.1%. Regionally, and year-over-year, new home sales were up 12.4% in the South but were down 6.7% in the West, 13.5% in the Midwest and 50.8% in the Northeast.
A duo of bipartisan lawmakers in the House of Representatives is proposing a bill that would establish the Federal Emergency Management Agency (FEMA) as an independent, cabinet-level agency that would be broken away from its current home inside the U.S. Department of Homeland Security (DHS). The FEMA Independence Act , sponsored by Florida Rep. Jared Moskowitz (D) and co-sponsored with his state colleague Rep.
About 298,000 single-family homes and condos were flipped in 2024 a decrease of 7.7% compared with 2023 and down 32.4% from a peak of nearly 441,000 reached in 2022, according to ATTOM. In addition, flips only represented about 7.6% of all home sales in 2024, down from 8.1% in 2023, as inventory dried up and investors struggled to find homes to flip.
After months of debate, the National Association of Realtors (NAR) has made a decision about its contentious Clear Cooperation Policy. In an announcement on Tuesday, the trade organization unveiled its new Multiple Listing Options for Sellers policy. According to the release, this new policy compliments NAR s existing MLS policies and that it will exist in conjunction with CCP.The trade group feels the policy provides sellers and their agent more options and choice when marketing a property.
After the pandemic, the U.S.renovation market surged above $600 billion and, even with a recent slowdown, is still 50% higher than it was before the outbreak. This is according to a new analysis from the Harvard Joint Center for Housing Studies (JCHS, the Center); however, the industrys capacity to completely satisfy demand is threatened by inflation, industry fragmentation, and a lack of qualified trade workers.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
News Corp. , the parent company of Realtor.com owner Move , and the National Association of Realtors (NAR) may have been dismissed from the Bandy suit, but the plaintiffs arent letting them go without a fight. On Monday, James Bandy, the lead plaintiff in the Bandy lawsuit, which alleges that Move sold agents fake leads, filed an appeal of Judge Stanley Blumenfelds dismissal of NAR , News Corp., and Move subsidiaries Move Sales, Inc. , OpCity, Inc. , OpCity Acquisition, LLC , RIN , and RealSelec
According to a recent analysis by Realtor.com , the U.S. is experiencing a scarcity of around fourmillion houses as a result of more than ten years of underbuilding. This ongoing supply deficit is making homeownership more and more unaffordable for millions of Americans as rents and property prices push budgets to their limits. Realtor.com is launching Let America Build , a nationwide campaign that promotes solutions that increase the supply of housing, to address one of the largest obstacles t
Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans. The agreement is designed to fit the New York-based lender’s asset-based underwriting model, allowing for greater flexibility in how capital is allocated across its varied loan portfolio.
wnerYoung Americans are tracking behind their parents generations in terms of the homeownership rate, a recent report from Redfin shows. For instance, 33% of 27-year-olds own their home today, compared with 40% of baby boomers when they were 27. A little over a quarter (26.1%) of Gen Zers owned their home in 2024, essentially flat compared with 2023 (26.3%) and 2022 (26.2%).
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
What’s the deal with all the discussion across the lending community about the fluctuation of the loan officer population recently? There have been social media posts and editorials debating the current total number of loan officers, whether the population has decreased, and if so, by how much. That’s not the right focal point: It’s time to shift from focusing on the size of the LO population to how productive its members are.
BSI Financial Services has launched a tech-driven HELOC subservicing solution offering enhanced borrower access, risk mitigation, and compliance management. The specialized HELOC subservicing solution is designed to address critical inefficiencies in the HELOC servicing market, the firm says in a release. The new offering comes at a time when HELOC volume is growing, yet many servicers still struggle with inefficient draw management, inconsistent compliance controls, and suboptimal borrower expe
Today, HousingWire announced the winners of the 2025 Tech100 award, representing the most innovative and impactful tech organizations in mortgage and real estate. This year, 100 honorees were selected in the mortgage category and 100 in the real estate category, highlighting the cutting-edge solutions shaping the future of housing. For the past 13 years, the Tech100 program has provided housing professionals with a definitive list of the most forward-thinking organizations in the industry.
Originally published on 04/05/2017 Unlock the power of digital agricultural data for smarter farm management From field workers to agricultural managers, the effective collection and use of farm data are essential to business success and quality assurance. Too often, this valuable information remains trapped in paper forms, creating inefficiencies and limiting visibility.
To ensure better representation this Women's History Month and beyond, she writes, its critical to reduce barriers to entry, support women in their journeys and celebrate their success.
A new complement to CCP will allow for delayed marketing, giving home sellers the ability to keep their listings out of the IDX feed and off search sites.
By continuing to invest wisely, women like Judith Ahdoot are not only securing their own futures but also setting the stage for future generations to thrive, coach Melanie Klein writes.
The real estate industry had mixed reactions to NARs decision to keep Clear Cooperation and add a policy that allows sellers to delay marketing via IDX.
A slight decline in mortgage rates and limited existing inventory helped new home sales to edge higher in February even as housing affordability challenges continue to act as a strong headwind on the market. Sales of newly built, single-family homes in February increased 1.8% to a 676,000 seasonally adjusted annual rate from a revised January.
Stop thinking of yourself as "just" a new real estate agent, coach Darryl Davis writes. What you don't yet know can offer a distinct advantage as you launch your career.
After months of debate, NAR announced Tuesday it will keep its policy requiring properties to be listed on an MLS within one day of marketing while adding new "delayed marketing exempt listings.
Compass CEO Robert Reffkin also criticized Northwest MLS, describing its rules as uniquely restrictive. But Windermere fired back at what it criticized as "hoarding inventory.
February 2025 SOUTH FLORIDA Housing Report SOUTH FLORIDA Home Sales Down, Average Price Up Home sales are down 10.6% year over year, with February 2025 at 4,725 compared to 5,284 last February. Sales aredown across all categories. Single families: 2,621 (2024) | 2,514 (2025) Condos & Townhomes: 2,663 (2024) | 2,211 (2025) Average sale price increased 17.3% year-over-year, now at $885,732 compared to $755,351 in February 2024.
The Consumer Policy Center argues that percentage-based commissions give buyers' agents a "backward incentive" and that consumers now have a chance to save money.
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