Mortgage Demand Falls 8.5% Due to 18% Decline in Refinance Applications
Mortgage applications declined by 8.5% as the 30-year fixed rate reached 6.65%. Refinances dropped 18%, while purchase demand slightly eased by 0.4%.
Eastwood Homes Acquires Peachtree Building Group in Atlanta
Eastwood Homes enhances its Southeastern presence by acquiring Atlanta's Peachtree Building Group, bolstering operational capacity and market reach.
Compass Agent Creates Local Real Estate Hub with AI Despite No Coding Skills
Private lender insights from Irina Norrell, leader of the Irina Norrell Team, on improving local education standards in the Washington, D.C. metro area.
Court Orders MRED to Reinstate Zillow Property Listings
Chicagoland home listings vanish from Zillow and Trulia after MRED's action, impacting market visibility. Learn more about the court's ruling.
Smartfi Introduces 50-Basis Point Reverse Mortgage Discount for Veterans
Smartfi Home Loans launches Choice Service, offering a 50-bps rate reduction on its proprietary reverse mortgage for qualifying veterans, enhancing access to financial solutions.
CMLS: Forge Alliances Now or Let Compass Take the Lead
Darryl Davis calls for CMLS to form an MLS-controlled alliance, highlighting recent Compass MLS agreements and a Zillow antitrust lawsuit's implications.
RE/MAX Select Attributes Transaction Growth to Collaborative Efforts
REMAX Select experienced a 67% growth in sides, totaling 7,005 transactions, driven by enhanced collaboration and strong internal referral strategies.
Luxury Home Prices Increase by Almost 4%
Luxury home listings increased by 2% year-over-year, outpacing non-luxury listings, with prices rising nearly 4%, signaling a competitive market shift.
NYC Mayor Mamdani Introduces Comprehensive Housing Initiative
Explore NYC Mayor Mamdani's comprehensive 'Block by Block' housing initiative aimed at addressing urban displacement and enhancing community stability.
Missed Calls: The Impact on Real Estate Agents’ Closures
Agents risk significant revenue loss, averaging $16,000 monthly, from unanswered leads. With a 20% conversion rate, each closure could yield $8,000.