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More lenders partner with Calque to offer ‘The Trade-In Mortgage’

Jul 10, 2024

EMM Loans, Searchlight Lending join growing list of mortgage lenders who have partnered with Calque to help homeowners tap their equity and buy before they sell.

FHA, VA requests drive pickup in purchase mortgage demand

Jul 10, 2024

Rates surged and then pulled back last week in what could foreshadow more election-year volatility in the months ahead. Jerome Powell tells Congress Fed will remain above the fray.

DirectOffer to provide 10-language audio search for Staten Island MLS

Jul 10, 2024

DirectOffer provides the industry with a valuable and long-neglected resource by which to empower visually- and hearing-impaired homebuyers.

Final Offer buys North American operations of Openn Negotiation

Jul 10, 2024

The acquisition will allow Final Offer, a platform for managing and negotiating offers, to provide a "transparent and straightforward experience when buying and selling a home," executives said.

Here’s why specialization matters for buyer’s agents

Jul 10, 2024

Developing areas of specialization enhances service, efficiency, and effectiveness and results in greater professional success for both teams and individual agents, coach Verl Workman writes.

5 easy ways to stay in your lane during a transaction

Jul 10, 2024

Stop trying to be all things to your clients, broker Joseph Santini writes. Focus on the things that fall within your purview and direct traffic as needed on your transactions.

Andy Florance calls Realtor.com lawsuit ‘PR stunt,’ talks future

Jul 10, 2024

Florance says Realtor.com lawsuit against CoStar is a response to Homes.com surpassing it in web traffic and takes aim at Zillow.

Multifamily building permits have dropped 30% since 2021: Redfin

Jul 9, 2024

Rising interest rates and market saturation have caused multifamily builders to slow the rate of new projects, according to a Redfin report published on Tuesday. Between 2021 and 2023, builders filed an average of 18 permits to build multifamily housing units for every 10,000 people in the U.S. However, that number has dropped to an average of 13 permits as of May 2024.

No HomeServices deal yet, months after settlement announcement

Jul 9, 2024

The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250 million in April.

3rd round of layoffs at Newrez brings 2024 job cuts to 750

Jul 9, 2024

After cutting nearly 500 jobs after Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida.

CoStar censured for claims made about traffic in Homes.com ads

Jul 9, 2024

The Better Business Bureau's National Advertising Division has recommended that CoStar Group's residential portal Homes.com ceases using claims that it has double the traffic of Realtor.com in its ads. CoStar Group has complied with the request.

Alexander brothers rape allegations draw scrutiny from FBI

Jul 9, 2024

Women who claim to be victims of the Alexander brothers, or witnesses to alleged assaults, have been approached by agents from an FBI task force, "The Wall Street Journal" reported Tuesday.