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UWM’s controversial mortgage site now an official NBA partner

USA Real Estate News-Inman - Thu, 2024-05-16 16:46
Lawsuit alleges search results on Mortgage Matchup are "designed to steer borrowers to brokers who funnel nearly all their business to UWM, regardless of whether UWM offers the most competitive loan terms."

Don’t Get Angry, Get Educated: How MLS Data, Buyer Contracts Can Transcend Settlement Changes

USA Real Estate News-RISMedia - Thu, 2024-05-16 14:34

You don’t have to like it. But you can only hate it for so long. More than two months after the National Association of REALTORS® (NAR) announced it was paying $418 million and making long-resisted changes to MLS policy and compensation, brokers and MLS leaders are still seeing that anger in the real estate community.…

The post Don’t Get Angry, Get Educated: How MLS Data, Buyer Contracts Can Transcend Settlement Changes appeared first on RISMedia.

Escrow Holdbacks vs. Repair Escrows: What’s the Difference?

USA Real Estate News-RISMedia - Thu, 2024-05-16 13:28

Escrow holdbacks and repair escrows are common tools in real estate transactions, used to facilitate smooth property transfers under certain conditions. These financial arrangements help manage and mitigate risks associated with property conditions at closing. I will clarify the distinctions and similarities between escrow holdbacks for repairs and other types of escrow accounts. You will…

The post Escrow Holdbacks vs. Repair Escrows: What’s the Difference? appeared first on RISMedia.

SERHANT. snags sales of NYC new development from The Agency

USA Real Estate News-Inman - Thu, 2024-05-16 12:45
The Agency repped the building’s sales for one year before SERHANT. stepped in to take the reins on the 21-unit UWS boutique luxury residence known as 'Fifteen.'

Budnick Out, Blefari Returning as CEO at HSF Affiliates

USA Real Estate News-RISMedia - Thu, 2024-05-16 12:39

In an unexpected move last week but made public May 16, Christy Budnick announced that she was stepping down June 3 as CEO of HSF Affiliates, the franchisor of Berkshire Hathaway HomeServices (BHHS). The company said that Gino Blefari would return as CEO of HSF Affiliates, adding to his position as CEO of HomeServices of…

The post Budnick Out, Blefari Returning as CEO at HSF Affiliates appeared first on RISMedia.

Mortgage Rates Decrease Again

USA Real Estate News-RISMedia - Thu, 2024-05-16 12:32

The 30-year fixed-rate mortgage (FRM) averaged 7.02% this week, down for the second week in a row from last week’s 7.09%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:  The 30-year FRM averaged 7.02% as of May 16, 2024, down from last week when it averaged…

The post Mortgage Rates Decrease Again appeared first on RISMedia.

Housing Starts Rebound in April, Rising 5.7% 

USA Real Estate News-RISMedia - Thu, 2024-05-16 12:23

With the U.S. still experiencing a housing shortage due to construction halts from the COVID-19 pandemic, housing completions, and starts, should continue to push positive, as each showed true in April—and the need for housing remains everlasting. According to data released by the U.S. Census Bureau, housing starts reached a seasonally adjusted rate of 1.360…

The post Housing Starts Rebound in April, Rising 5.7%  appeared first on RISMedia.

Thoughts on Leadership: Honoring the Leadership Journey of Motherhood

USA Real Estate News-RISMedia - Thu, 2024-05-16 12:08

Editor’s Note: This article was originally published on May 9, 2024.  As we approach Mother’s Day this Sunday, I want to express my profound respect and admiration for all mothers—those who are planning to start families, those eagerly anticipating the arrival of their children, those who are navigating the early days of motherhood, and those…

The post Thoughts on Leadership: Honoring the Leadership Journey of Motherhood appeared first on RISMedia.

Investor purchases increased for the first time in 2 years during Q1

USA Real Estate News-Inman - Thu, 2024-05-16 11:47
Real estate investors bought roughly 44,000 homes during the first quarter of 2024, a 0.5 percent uptick from a year ago.

A Bay Harbor Island home in Miami sets new $21.95M sales record

USA Real Estate News-Inman - Thu, 2024-05-16 11:38
Shock-Gard CEO Matthew Bullock and his wife are the buyers of the spec home. The sale bests a previous record set last month by Brazilian race car driver Claudio Dahruj's home purchase.

Change, With a Backbone of Consistency

USA Real Estate News-RISMedia - Thu, 2024-05-16 11:37

As the adage goes, the only thing constant is change. But what if embracing change becomes the new constant?  I firmly believe change is good. To grow, it is important to not only welcome change but to use it to inspire opportunities to evolve and innovate. Yet, equally as important, as we prepare for what…

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