Locked & Loaded: How the lock-in effect is impacting US consumers

Homeowners with at least a 5 percent mortgage rate are three times more likely to enter the market soon as those with a sub-3.5 percent rate, according to results from Inman-Dig Insights’ latest consumer poll. Continue reading

RealScout becomes LeadingRE’s newest preferred vendor

California-based proptech leader RealScout has become Leading Real Estate Companies of the World’s newest Solutions Group program member, according to an announcement on Wednesday. LeadingRE member brokers who register for a new RealScout account throu… Continue reading

Buyer appeals Keller Williams, Anywhere, RE/MAX settlements

The franchisors are not required to implement the business practice changes they agreed to until after the appeals process. Continue reading

UWM’s 0-down loans a hit with buyers, worry consumer advocates

Unlike subprime loans that were subjected to minimal underwriting standards in the runup to the housing crash and 2007-09 Great Recession, UWM’s zero-down loans have to meet criteria set by mortgage giant Freddie Mac. Continue reading

Opendoor rolls out mobile truck with instant offers in Nashville

“The Offer Mobile” is driving around neighborhoods in Nashville, Tennessee, to literally bring Opendoor’s instant offers to consumers’ front doors. Continue reading

Developers sit on empty lots as higher rates delay projects

After a generationally high apartment construction boom, some developers are now finding that the economics no longer make sense on in-progress projects. Continue reading

Median price per square foot is up 52.7% since 2019: Realtor.com

Home values have boomed over the past five years, with New York, Boston and Nashville experiencing double-digit gains in the median price per square foot. Continue reading

Which is better: high volume or high profitability? How about both?

While awards and honors are geared toward high volume, it’s high profitability that offers the rewards you’re really looking for, coach Verl Workman writes. Continue reading

Gwyneth Paltrow asks nearly $30M for Brentwood mansion

Now that Paltrow’s kids and those of her husband, Brad Falchuk, are all college-bound, the couple is downsizing. She originally bought the property in 2012 with then-husband Chris Martin for $9.95 million. Continue reading

RE/MAX announces more changes in its C-suite offices as COO resigns

RE/MAX Chief Operating Officer Serene Smith is leaving after 7 years in the role. Rob Fuchs has signed on as a new EVP. Changes follow departure of former CEO Nick Bailey, who exited in February. Continue reading