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Homebuyers falter as mortgage rates hit new 2024 highs

Apr 24, 2024

Requests for purchase loans were down 1 percent week over week and 15 percent from a year ago, according to the latest Mortgage Bankers Association survey.

Fed’s ‘higher for longer’ gambit may yet cool home price gains

Apr 24, 2024

Fannie Mae and MBA economists are now in agreement that mortgage rates will come down only gradually this year and next but that home price appreciation will slow.

California Association of Realtors CEO resigns after 2 years

Apr 24, 2024

Two years after taking the helm, California Association of Realtors CEO John Sebree has stepped down from his post. His resignation went into effect immediately, with C.A.R. subsidiary Real Estate Business Services (REBS) CEO Debra Ferrier taking over as interim CEO as the Association launches a nationwide search for a new leader.

New San Francisco showroom offers private islands and yachts

Apr 24, 2024

Demand for some of the most exclusive luxuries remains, even as the city of San Francisco itself grapples with plunging home prices and an all-time high in office vacancies.

Maxwell’s AI tool probes inner workings of mortgage lending

Apr 24, 2024

Mortgage lenders using AskMax no longer need to be database engineers. They can ask for — and receive — business intelligence in plain English.

Are real estate’s best-paid CEOs worth the money? DelPrete

Apr 24, 2024

Industry expert Mike DelPrete looks at CEO compensation for some of the biggest names in real estate and how it relates to company performance.

Decades of NAR membership data has vanished amid enrollment dip

Apr 24, 2024

Each month, the trade group publicly reports the size of its ranks and other data on its official website. But as recently as this month, state-by-state and national data is nowhere to be found.

Once bright buyer hopes plummet as agents process NAR changes

Apr 24, 2024

Agent optimism over future buyer pipelines fell from 44 percent before the deal to 27 percent afterward — one of the starkest monthly shifts in sentiment that Intel has recorded in the last year.

When it comes to choosing a brokerage, one size does not fit all

Apr 24, 2024

Conrad Miller shares what the right brokerage can do for your professional growth and personal satisfaction at every stage of your real estate career.

Sign a buyer brokerage agreement to see a property? No way!

Apr 24, 2024

Buyers and sellers are confused about the new rules of the road. Trainer Bernice Ross and Jeff Lobb discuss how agents can change up the conversation and add clarity and confidence.

Will listing agents have the upper hand post-NAR settlement? Pulse

Apr 24, 2024

Share your back-in-the-saddle, boots-on-the-ground perspectives now that NAR's settlement has received preliminary approval.

CoStar Group tallies Q1 revenue growth on success of Homes.com

Apr 23, 2024

The Virginia-based commercial and residential real estate behemoth released its first-quarter earnings on Tuesday, which revealed the company grew its revenue 12 percent year over year to $656 million. The company remained profitable, although its net income dropped 91 percent from $87 million in Q1 2023 to $7 million.