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Zonda beefs up portal presence with NewHomeSource acquisition

USA Real Estate News-Inman - 4 hours 57 min ago
The homebuilding data provider acquired the company behind NewHomeSource.com and the home-design platform Envision.

Rising mortgage rates taking a big bite out of homebuyer demand

USA Real Estate News-Inman - 5 hours 24 min ago
Applications for purchase loans plummeted by a seasonally adjusted 10 percent last week, according to a survey of lenders by the Mortgage Bankers Association.

California Regional MLS Offers New Tools to Users

USA Real Estate News-RISMedia - 6 hours 17 min ago

California Regional MLS (CRMLS) has entered into an agreement with software firm Immobel to offer two new products to its 110,000-plus users: MLS Match, an agent referral network program, and Xomio, an IDX website that provides visibility online in 19 languages. MLS Match is a core product available for brokers and agents at no cost,…

The post California Regional MLS Offers New Tools to Users appeared first on RISMedia.

Why Teams and AI Are the Perfect Marriage

USA Real Estate News-RISMedia - 6 hours 19 min ago

This year will mark a breakthrough in deploying AI in real estate. As AI continues to rapidly advance in its capabilities as a personal assistant, real estate agent teams have become the perfect partner for this cutting-edge technology. The rise of AI in real estate McKinsey reports that within this decade, up to 30% of…

The post Why Teams and AI Are the Perfect Marriage appeared first on RISMedia.

The Top 3 Mistakes Listing Agents Make and How to Avoid Them

USA Real Estate News-RISMedia - 6 hours 20 min ago

Growing and maintaining a real estate career is a promising yet challenging endeavor. The failure rate for agents is staggering—nearly half of all agents fail in the first five years. If you make it past this hump, you are still not immune to the ebbs and flows of the real estate market. To continue growing…

The post The Top 3 Mistakes Listing Agents Make and How to Avoid Them appeared first on RISMedia.

Judge Removes HomeServices, Two States From Mega Buyer Suit

USA Real Estate News-RISMedia - 6 hours 26 min ago

In a split decision Feb. 20, the judge overseeing the goliath buyer-side commission case dismissed some state-level claims by plaintiffs—and dropped one of the defendants entirely—in an opinion that appears to be a relatively small victory for big real estate brokerages, with most claims in the lawsuit still moving forward. Judge Andrea R. Wood, overseeing…

The post Judge Removes HomeServices, Two States From Mega Buyer Suit appeared first on RISMedia.

Arrest warrant issued for Real agent accused of romance fraud

USA Real Estate News-Inman - 6 hours 47 min ago
Police are seeking to arrest Rob Harris for allegedly swindling his ex-girlfriend out of $70,000 through theft and credit card fraud.

Study: Racial Minority Groups Increased Homeownership Rates in 2022

USA Real Estate News-RISMedia - 7 hours 58 min ago

Homeownership rates for racial minorities increased in 2022, with Asian and Hispanic Americans achieving historic peaks. Despite these advancements, disparities persist among racial and ethnic groups, notably with Black homeownership lagging. People of color continue to endure significant buying challenges throughout and after their home purchases, according to a new report from the National Association…

The post Study: Racial Minority Groups Increased Homeownership Rates in 2022 appeared first on RISMedia.

Objection-handling scripts for the buyer representation agreement 

USA Real Estate News-Inman - 8 hours 56 min ago
If you're rethinking your buyer consultation process and implementing a buyer representation agreement, team leader Carl Medford shares what you need to know to explain the change to your clients.

Mortgage Applications Slump Following Rate Hike Back Over 7%

USA Real Estate News-RISMedia - 9 hours 2 min ago

Mortgage applications decreased sharply this week, down 10.6% from last week’s decrease of 2.3%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association for the week ending Feb. 16, 2024. Here are this week’s numbers: The refinance share of mortgage activity decreased to 32.6% of total applications from 34.0% the previous…

The post Mortgage Applications Slump Following Rate Hike Back Over 7% appeared first on RISMedia.

Homes.com Targeting $10 Billion in Subscriptions as CoStar Puts ‘Pedal to the Floor’

USA Real Estate News-RISMedia - 10 hours 15 min ago

CoStar-owned Homes.com has remained a ubiquitous presence across television broadcasts, internet browsers and radio airwaves over the last couple weeks, thanks to a billion-dollar marketing push (included four Super Bowl commercials) and has so far achieved 560 million impressions. On the company’s Q4 and full-year 2023 earnings call yesterday, CoStar CEO Andy Florance kept up…

The post Homes.com Targeting $10 Billion in Subscriptions as CoStar Puts ‘Pedal to the Floor’ appeared first on RISMedia.

Homes.com Targeting $10 Billion in Subscriptions as CoStar Puts “Pedal to the Floor”

USA Real Estate News-RISMedia - 10 hours 15 min ago

CoStar-owned Homes.com has remained an ubiquitous presence across television broadcasts, internet browsers and radio airwaves over the last couple weeks, thanks to a billion-dollar marketing push (included four Super Bowl commercials) and has so far achieved 560 million impressions. On the company’s Q4 and full-year 2023 earnings call yesterday, CoStar CEO Andy Florance kept up…

The post Homes.com Targeting $10 Billion in Subscriptions as CoStar Puts “Pedal to the Floor” appeared first on RISMedia.

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