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Hanna fights back against homebuyer commission suit
REACH Commercial announces latest proptech class
Douglas Elliman sees revenue tick up in Q2 2024
Mortgage rates bounce back before homebuyers can pounce
Zillow Group names Jeremy Wacksman as new CEO
Zillow Q2 revenue exceeds expectations, grows 13% to $572M
Most Americans weren’t expecting the big drop in mortgage rates
Proposed Expansion of CFIUS Poses Increased Risks to U.S. Real Estate Investors and Operators - Manatt, Phelps & Phillips, LLP
Fannie Mae Update Says Potential Homebuyers are Frustrated by Market
Fannie Mae has released its latest Home Purchase Sentiment Index® (HPSI), tracking changes in consumer attitude over the month of July 2024. That month, the index decreased 1.1% to 71.5, suggesting an overall lack of enthusiasm. Changes in consumer responses are minute but indicative of a negative trend. Key details: 17% of respondents said that…
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Report: Rent Growth Picked Up in July
Consistent economic growth and demographic trends sustained multifamily demand at the start of the third quarter, according to the latest Yardi® Matrix National Multifamily Report. Yardi stated that the average U.S. publicly advertised rent or “asking rent” rose 0.8% year-over-year through July, or $4 to $1,743. The national occupancy rate in June remained at 94.6…
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Columbus named United States' most popular housing market - The Columbus Dispatch
Redfin CEO Alarmed at Pace of 2024 Home Sales; Earnings Tread Water
Corporate quarterly reports, unless they include dramatic swings in earnings, are often same-old, same-old. However, when the industry is in a state of flux, as is the case with residential real estate, often the comments made by the leading executives are more telling than the numbers. That was the case with Redfin on Aug. 6,…
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Consumer Advocate Group Highlights ‘Opportunities and Risks’ of NAR Settlement
With just over a week before the changes agreed to by the National Association of REALTORS® (NAR) in its lawsuit settlement go into effect, the Consumer Federation of America (CFA), a non-profit that has been sharply critical of the real estate industry, released guidance aimed at consumers ostensibly meant to help buyers and sellers through…
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Teachers: What to Know About Home Loan Programs For You - U.S News & World Report Money
Mortgage Applications Reach Highest Volume Since January
Mortgage applications increased 6.9% from one week earlier, reaching the highest volume seen since January of this year, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending August 2, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume, increased 6.9% on a…
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