Monthly Archives: May 2022

Reese Witherspoon sells Brentwood estate for $21.5M within 1 month

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The 10,000-square-foot home was originally purchased by a trust linked to Witherspoon in 2020 for $15.895 million. Continue reading →

Housing affordability races toward levels not seen since 2006 bubble

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If mortgage rates rise by another half a percentage point — or if home prices go up another 5 percent — affordability will hit the worst levels on record, Black Knight warned on Monday. Continue reading →

NAR tackles racial wealth gap as midyear conference gets underway

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Former Atlanta mayor Keisha Lance Bottoms and former Trump adviser Ja’Ron Smith shared how discrimination hurts the economy as NAR unveiled its goal to add 3 million Black homeowners by 2030. Continue reading →

Redfin settles ‘digital redlining’ discrimination case

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Redfin has reached a settlement with the National Fair Housing Alliance in its discrimination case after nearly two years. The brokerage will pay $4 million along with making several policy changes. Continue reading →

Rush to invest in latest rentals crashes Bezos-backed Arrived Homes

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Arrived Homes unveiled 13 new rental homes, allowing investors to buy shares for as little as $100. The demand quickly crashed the single-family rental platform’s website. Continue reading →

Watchdog calls for ban on sellers offering buyer agent commissions

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In a new report alleging the majority of commissions are nearly identical in 35 U.S. cities, the Consumer Federation of America said offers to buyer agents should be legally prohibited. Continue reading →

Family, staff and hours: 7 sacrifices agents are making amid tough times

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As they consider the uncertain future ahead, here’s what real estate agents are giving up in their professional and personal lives. Continue reading →

Don’t let inflation break your budget! Fix your spending now

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Between inflation and fewer transactions anticipated this year, you may be getting concerned about your finances. The good news is that when you start looking at your expenses, you’ll probably find that there are plenty of places where you can cut enou… Continue reading →

Drumroll please! This year’s ICLV theme is…

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Real estate is changing fast. Stay ahead of your competition — join thousands of pros at Inman Connect Las Vegas and mingle with the brightest and most successful real estate pros in the business. Continue reading →

NAR heads into midyear gathering while under siege on multiple fronts

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The National Association of Realtors, which boasts 1.5 million members, will tackle real estate’s hottest topics a week after suffering a series of legal setbacks in court. Here’s a breakdown of the agenda. Continue reading →