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Would-be homebuyers put off by higher mortgage rates

USA Real Estate News-Inman - Wed, 2024-10-16 16:53
Demand for purchase mortgages fell by a seasonally adjusted 7 percent last week, and requests to refinance were down 26 percent as mortgage rates continued to climb, MBA survey finds.

Fairway blasts federal regulators in $10M redlining settlement

USA Real Estate News-Inman - Wed, 2024-10-16 15:46
Nation's third biggest lender casts itself as a victim of politics, noting CFPB launched its investigation the day after Biden Administration took office.

Women in Real Estate: Unlocking Value With Niche Strategies

USA Real Estate News-RISMedia - Wed, 2024-10-16 14:19

Above, Sarah Galperin In the luxury real estate arena, where trust and exclusivity are paramount, Sarah Galperin of Compass Florida is reshaping the standards of success. With a background in fashion and photography, Galperin brings a creative edge to marketing properties, turning each listing into a sought-after masterpiece. Her secret? Building deep connections and offering…

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Future of GSEs: How Fannie, Freddie Privatization Might Shake Out Under a Second Trump Term

USA Real Estate News-RISMedia - Wed, 2024-10-16 14:05

With the U.S. presidential election just weeks away, broader discussions about solving the nation’s housing affordability woes are taking center stage, much to the relief of many in the housing industry. If former president Donald Trump were to win a second term, privatizing Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSEs) that have been…

The post Future of GSEs: How Fannie, Freddie Privatization Might Shake Out Under a Second Trump Term appeared first on RISMedia.

Mortgage Applications Continue Decline

USA Real Estate News-RISMedia - Wed, 2024-10-16 12:23

With mortgage rates rising for the last three weeks, the Mortgage Bankers Association (MBA) is reporting another week of declining home purchase applications. According to the latest Weekly Applications Survey, mortgage applications decreased 17.0% from one week earlier for the week ending October 11, 2024.  “Mortgage rates moved higher for the third consecutive week, with…

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Startup Palazzo Seeing Success Expanding Its Virtual Staging Offering to Brokers

USA Real Estate News-RISMedia - Wed, 2024-10-16 12:21

Staged listing photos have been an effective—and expensive—tool meant to pique the interest of inquiring home seekers. But given the ever-growing landscape of artificial intelligence (AI) in real estate, that hurdle could soon be a thing of the past.  At least, that is where things are headed for Palazzo, an AI-driven interior design platform that…

The post Startup Palazzo Seeing Success Expanding Its Virtual Staging Offering to Brokers appeared first on RISMedia.

Clear Cooperation: When fiduciary duties clash with personal ethics

USA Real Estate News-Inman - Wed, 2024-10-16 12:19
Former Phoenix Realtors President Butch Leiber writes that industry policy must be grounded in promoting and protecting the best interests of clients.

$195M Bel-Air megamansion returns to the market

USA Real Estate News-Inman - Wed, 2024-10-16 12:19
Built in 1937 by famed architect James E. Dolman, Casa Encantada is considered one of the most iconic estates in Los Angeles and possibly the entire country, according to the property's listing.

OneKey® MLS Appoints Three Staff Members, Recognizes Achievements of Team Leaders

USA Real Estate News-RISMedia - Wed, 2024-10-16 11:55

Pictured above, top row, from left, Gary Connolly and LaVerne Brown and bottom row, from left, Jeff Marzo, Tom Hurdelbrink and Trish Ketelson New York state’s OneKey® MLS has announced several staff appointments and industry achievements. Gary Connolly has been named senior vice president of business development for OneKey MLS. He will be responsible for…

The post OneKey® MLS Appoints Three Staff Members, Recognizes Achievements of Team Leaders appeared first on RISMedia.

Brokers envision existential threat to MLS in Clear Cooperation debate

USA Real Estate News-Inman - Wed, 2024-10-16 11:30
In a webinar Tuesday, Keller Williams' Jeff Hickey, NextHome's James Dwiggins, Miami MLS's Liz Sturrock and Seven Gables' Mike Hickman clashed over the future of NAR's pocket listing rule.

DOJ’s data sharing statement has implications for MLSs, associations

USA Real Estate News-Inman - Wed, 2024-10-16 11:06
The DOJ's recent statement, made in relation to a lawsuit against pork producers, notes that the sharing of information among competitors could violate antitrust law "even without proof of an agreement to fix prices."

In its effort to add more supply, Airbnb rolls out co-hosting feature

USA Real Estate News-Inman - Wed, 2024-10-16 10:45
Short-term rental leader keeps its sights set on lowering barriers to entry for people who might be interested in offering their homes on Airbnb.

Growing Through Every Step of Your Real Estate Career

USA Real Estate News-RISMedia - Wed, 2024-10-16 10:42

Above, Terri Chapman Making your way in real estate is a journey that’s difficult to navigate alone. From becoming an agent to climbing the ladder into leadership, coaching can help guide real estate professionals through every step of their journey, laying the foundation to earn the trust and confidence they need to successfully navigate the…

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