Author Archives: Patrick Kearns

The ‘coronavirus clause’ is now a thing

By Patrick Kearns | February 24, 2020 - 10:59 pm |February 24, 2020 Uncategorized

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Red Oak Realty had to create a special contingency for a Bay Area property as the seller is trapped in the Wuhan Province, ground zero of coronavirus. Continue reading →

Goodbye ‘NRT,’ hello ‘Realogy Brokerage Group’

By Patrick Kearns | February 24, 2020 - 7:32 pm |February 24, 2020 Uncategorized

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Realogy is changing the name of its company-owned brokerage to Realogy Brokerage Group, but Realogy Franchise Group will retain its name. Continue reading →

Keller Williams has lost agents in 4 consecutive months

By Patrick Kearns | February 15, 2020 - 9:00 pm |February 15, 2020 Uncategorized

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Transaction volume and tech adoption are up, according to year-end results released in conjunction with the company’s annual Family Reunion event. Continue reading →

Redfin expands brokerage services to Flagstaff

By Patrick Kearns | February 14, 2020 - 3:40 pm |February 14, 2020 Uncategorized

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The company is also launching in Flagstaff with its 1 percent listing fee for consumers, according to an announcement on Friday. Continue reading →

First American acquires Docutech

By Patrick Kearns | February 13, 2020 - 3:39 pm |February 13, 2020 Uncategorized

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The move furthers First American’s goal of providing a digital, end-to-end closing platform. Continue reading →

Fannie Mae posts $14.2B in profit in 2019 as it eyes exit from conservatorship

By Patrick Kearns | February 13, 2020 - 1:23 pm |February 13, 2020 Uncategorized

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The FHFA is taking steps to free Fannie Mae from government conservatorship as the company posts big profits. Continue reading →

SoftBank Vision Fund lost $2.1B in Q3 as profits continue to plummet

By Patrick Kearns | February 12, 2020 - 9:35 pm |February 12, 2020 Uncategorized

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The Japanese conglomerate and backer of Compass and Opendoor, is scaling back plans for its second Vision Fund. Continue reading →

Corcoran expands to Florida 1 week after franchising in San Francisco

By Patrick Kearns | February 12, 2020 - 4:05 pm |February 12, 2020 Uncategorized

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Premier Realty Partners, a 20-agent, two-office indie brokerage is affiliating with Corcoran. Continue reading →

It keeps getting easier for Americans to afford a home

By Patrick Kearns | February 12, 2020 - 3:27 pm |February 12, 2020 Uncategorized

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NAR’s affordability index showed more improvement in the fourth quarter of 2019. Continue reading →

Metro home prices increased 6.6% in Q4

By Patrick Kearns | February 12, 2020 - 3:19 pm |February 12, 2020 Uncategorized

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Home price growth outpaced wage growth in the nation’s metro areas — in every quarter of 2019. Continue reading →