"I think the important thing to remember about insurance is it is a financial risk-transfer mechanism — it doesn't actually reduce risk," Lindsay Brugger, vice president of resilience for the Urban Land Institute, told Real Estate News.
December was the 17th consecutive month of year-over-year rent declines for 0-2 bedroom properties in the 50 largest metro areas, according to Realtor.com's latest rental market report.
A refurbished apartment on the top floor of a duration structure with significant views throughout Tenby’s North Coastline. It has actually two recently fitted restrooms and comes with accessibility to a public garden with a course and a terrace leading straight to the beach. 2 beds, 2 bathrooms, open-plan kitchen/living location, balcony, off-road parking. This...
In a message to the agent community this week, the agency said price gouging during a state of emergency is a criminal offense and carries penalties including fines of up to $10,000 and/or imprisonment for up to one year.
How the scope has changed: In addition to RealPage, defendants now include six major rental investment or management companies — Greystar, LivCor, Camden, Cushman, Willow Bridge and Cortland — which operate more than 1.3 million units in 43 states and the District of Columbia, according to a news release from the DOJ.
To comply with the NAR settlement, the organizations can no longer include offers of compensation on their platforms — a change that has made MLSs "somewhat" or "much" less valuable, according to 55% of real estate professionals in an October survey from WAV Group.
Consumer sentiment has continued to trend upward, reaching 73.1 in December — "substantially above year-ago levels," said Mark Palim, Fannie Mae SVP and chief economist.
Instead, United, which operates on a flat fee model, offers other benefits — such as health care and financial planning — which Duffy believes are more valuable to agents and their primary business of selling real estate, not being a recruiter.
In an interview on PBS NewsHour last week, Shaun Donovan, CEO and president of Enterprise Community Partners and a former HUD chief, said the improvement in the veteran population illustrates a "really a hopeful sign we do know how to solve homelessness" and could help serve as a blueprint as policymakers work to address the crisis more broadly.
A recent T3 Sixty survey of real estate association and MLS executives found that more than 70% are budgeting for a projected decrease in membership, citing a combination of external and internal factors.
The bond market's response to economic and political conditions — in particular, concerns about deficit spending and inflation stemming from Trump administration proposals — is also having an effect, said Selma Hepp, chief economist at CoreLogic.
During that time, monthly mortgage payments have nearly tripled, said Redfin Senior Economist Sheharyar Bokhari — and while rents spiked during the pandemic, a recent apartment construction boom has kept rents "relatively flat over the past two years as home prices and mortgage rates continued to climb," Bokhari noted.
Amanda Bryden, Head of Mortgages, Lloyds said: “London’s dominance in the list of priciest streets underscores the city's continued appeal and the resulting competitiveness at the very top end of the property market.
The consumer guides, published on NAR's "facts" page, cover a variety of subjects aimed at educating buyers and sellers, including settlement-related topics, questions to ask agents and transaction details.
While it's too early to know who will be victorious — or even declare a stalemate or truce — in the ongoing battle between CoStar and Move, the legal wrangling between the fierce home search rivals is poised to spill over into the new year.
Ashley Yarabinec, Director of Member Relations at the Mortgage Bankers Association (MBA), noted that her generation knows how to use technology effectively, "but if the industry doesn't embrace that and bring in younger professionals, they'll fall behind.
"We're presenting an unusually wide sales range this year because while high housing costs may price out some would-be buyers, there's a fair amount of pent-up demand in the market," they said in their forecast.
