Real Estate News by RealEstateNews.com
WEBThe association will ask the highest court to weigh in on the case after a lower court ruled that the DOJ could continue its investigation into NAR policies. Objective, in-depth coverage of residential real estate news, data, technology and trends for real estate agents, real estate brokers and executives.
Buyers backing out of deals in record numbers as market shifts
WEBJul 24, 2024 · More buyers are backing out. According to the Redfin report, roughly 56,000 home purchase contracts were canceled last month, which Redfin says is more than any other June on record. And the main issue, Redfin researchers and agents suggest, is housing affordability and the steep costs to purchase. "Buyers are …
Brokerage News - RealEstateNews.com
WEBBrokerage Beat: News from Realty ONE, Compass, Coldwell Banker, C21. MVP Realty joins Realty ONE in Florida; Compass adds two top NYC agents; Coldwell Banker gains luxury Boca Raton agent; No. 1 C21 team moves to SoCal franchise. Real Estate News Staff. Updated August 17, 2024.
Trends 2024: The 4 main brokerage models, and how they’ve …
WEBDec 11, 2023 · Editor's note: Since 2006, the Swanepoel Trends Report has provided in-depth research and analysis to help leaders understand the forces shaping residential real estate.This exclusive series of excerpts highlights each trend featured in the 2024 report, which was released in November 2023. 4 Primary Brokerage Business Models: The traditional way of operating a brokerage company has endured for ...
Mortgage rates tumble; time for buyers to ‘get serious’
WEBJul 18, 2024 · The 15-year fixed-rate dropped to 6.05%. The rate drop has helped ease affordability challenges, but buyers appear to be waiting to see how far rates fall. The typical monthly mortgage payment is down $115 from its April peak. Mortgage interest rates continued to drop this week with growing expectations that interest rate cuts are coming.
By the Numbers - realestatenews.com
WEBThe state of mortgage rates depends on which state you're in. A new survey of lenders reveals a 38 basis point difference between mortgage rates by state, which can mean hundreds of dollars a year for borrowers. Stephanie Reid …
Trends 2024: Big brokerages are scooping up more deals
WEBJan 29, 2024 · Not only is an increasing share of sale volume concentrated among the largest brokerages, but the latest data shows that the biggest players also complete a growing share of transactions. The 1,000 largest brokerages accounted for 45.0 percent of all transactions in 2022, up from 36.3 percent in 2017. Moreover, the nation's 100 largest ...
Agent News - RealEstateNews.com
WEBBuyer agent commissions already falling, new report finds. Redfin reports that the typical commission for buyer agents slipped to 2.55% ahead of the August 17 deadline for rule changes related to the NAR settlement. Dave Gallagher. August 2, 2024.
Brokerage Beat: News from Real, The Agency, ERA, eXp, Coldwell …
WEBApr 6, 2024 · The Real Brokerage adds 13 offices from U.S. and Canada in March. The Real Brokerage Inc. added 13 high-performing offices during March. Three of the brokerages – F3 Home Team of Jacksonville/St. Augustine, Florida; River City Elite Properties of Richmond, Virginia; and the Nussbaum Team of New Jersey – all topped $100 million in sales in 2023. Real has more than 16,000 agents throughout ...
Newer brokerages take top spots in Mega 1000 rankings
WEBApr 25, 2023 · Several of the top brokerages in T3 Sixty's Mega 1000 list were founded after 2000, including top-ranking Compass. Compass has taken the top spot for the third year in a row, with a 2022 sales volume of $228 billion. Anywhere Advisors, HomeServices of America, eXp and Douglas Elliman rounded out the top five.