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4 Ways to Tap an Often-Overlooked Senior Housing Market
Today’s Baby Boomers—some 76 million of them—are in better health and, by and large, have more resources than their parents did at their age. In just four years, though, the inhabitants of this demographic bubble will start turning 80, and their real estate needs will change with them. When a person hits 80, the idea…
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Is Clear Cooperation Really Helping the Broker and the Seller Today?
Since inception, the MLS was defined as participating in cooperation and the offer of compensation between brokers. The second half of compensation has been carved away for now. What we have left is cooperation. In my business, I see how cooperation helps consumers daily. There’s an opportunity for MLSs to help seller financing for repairs…
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Vamos a Guatemala! KW expands in Central America
The company is opening its first franchise in the Central American country amid an ongoing push to expand in new global locations.
New Home Sales Back Up This Month
Sales of newly built homes continued their rollercoaster ride this month, rising 4.1% above the revised August rate of 709,000, which was down from the month before that and a continuation of vacillating levels since the beginning of the year. The latest numbers released jointly Thursday by the U.S. Census Bureau and the Department of…
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CoStar Sees Revenue, Traffic Growth, Reaffirms Investments
CoStar Group, the real estate conglomerate that has been making a concerted push into the residential space, posted overall revenue growth of 11%, to $693 million for the third quarter, as well as continued growth in its consumer awareness and web traffic, with traffic up to 130 million unique visitors to the Homes.com network. Acknowledging…
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EXp Realty’s $34M settlement is a ‘sweetheart deal’: Gibson plaintiffs
Lawyers filed motions Tuesday arguing eXp’s decision to come to a settlement in the commission lawsuit through a "reverse auction" should compel the brokerage to return to the bargaining table.
Mortgage Rates See Fourth Straight Week of Increases
Mortgage rates are still ticking up, thanks to strong economic data including good jobs reports and stubborn core inflation, economists say, noting that rates are still expected to come down in the months ahead as data falls more in line with expectations. This week, the 30-year fixed-rate mortgage averaged 6.54%, up from 6.44% last week,…
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Infamous investor Patrick Carroll arrested in Wyoming
Multifamily investor Patrick Carroll was arrested in Wyoming this week due to a warrant issued for aggravated stalking charges in Florida. The investor was recently in Massachusetts for mental health treatment.
The most undervalued real estate markets in the US - Mortgage Professional
The most undervalued real estate markets in the US Mortgage Professional
Plaintiffs Move to Block Proposed eXp Settlement in Smaller Case
Plaintiffs in the Gibson case have filed in opposition to eXp’s motion for a stay following its proposed settlement, looking to halt the settlement’s approval process so it can be evaluated. Earlier this month, the brokerage filed that it had struck a settlement in seller-filed commission lawsuits for $34 million, and agreed to “adopt certain…
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Mastering the Art of Buyer Agency
Above, from left: Gretchen Pearson, Jennifer Lind, Ken Baris, Joe Skousen and Whitney LaCosta. Photo by AJ Canaria. While real estate professionals have spent the last six months trying to hit a moving target, leaders today are laser-focused on moving forward. And as commission lawsuits continue to play out in court, now’s the time to…
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Mayor outside Chicago has evaded eviction server, landlord claims
Landlord Genetta Hull filed eviction papers in September alleging that Dolton Mayor Tiffany Henyard and her roommate, Kamal Woods, owe more than $3,350 in rent and late fees on her property.
Political disputes rise among neighbors as election nears
When Redfin's survey looked at participants planning to vote for Donald Trump or Kamala Harris, it showed that 23.1 percent of Trump voters reported political disagreements with neighbors while 19.5 percent of Harris supporters have done the same.
