Author Archives: Patrick Kearns

Existing-home sales climb for 2nd straight month: NAR

By | | Uncategorized
Comments Off on Existing-home sales climb for 2nd straight month: NAR

Existing-home sales inched up 2.6 percent year-over-year in August, according to the latest data from the National Association of Realtors. Continue reading →

IBM sues Zillow over multiple charges of patent infringement

By | | Uncategorized
Comments Off on IBM sues Zillow over multiple charges of patent infringement

IBM is suing real estate tech giant Zillow over seven charges of patent infringement related to a host of computer processes that Zillow uses to run its website. Continue reading →

Fed lowers interest rates again. Will mortgage rates follow?

By | | Uncategorized
Comments Off on Fed lowers interest rates again. Will mortgage rates follow?

Economists and agents offered different opinions on how the second rate cut of the year will impact the housing market overall. Continue reading →

Coldwell Banker Bain expands by acquiring another CB franchisee

By | | Uncategorized
Comments Off on Coldwell Banker Bain expands by acquiring another CB franchisee

Coldwell Banker Bain acquired Coldwell Banker Morris Real Estate, giving the combined company four offices and more than 300 agents in Oregon. Continue reading →

Compass’ head of comms to depart after 9 months

By | | Uncategorized
Comments Off on Compass’ head of comms to depart after 9 months

Jason Post, Compass’ vice president of communications, is leaving the well-funded, growing real estate brokerage to join Google, Post confirmed to Inman, Wednesday. Post took the helm in January 2019, after former head of communications Julie Binder le… Continue reading →

NAR calls for improvements to the qualified mortgage rule

By | | Uncategorized
Comments Off on NAR calls for improvements to the qualified mortgage rule

The National Association of Realtors is calling on the Consumer Finance Protection Bureau to improve the qualified mortgage definition and government-sponsored entity patch, as well as support an extension before figuring out the long term solution. Continue reading →

Allen Tate acquires vacation and investment property brokerage

By | | Uncategorized
Comments Off on Allen Tate acquires vacation and investment property brokerage

The acquisition of Blowing Rock Investment Properties is Allen Tate’s first since joining Hanna Holdings, the parent company of Howard Hanna Real Estate. Continue reading →

Builder confidence hits yearly high in September

By | | Uncategorized
Comments Off on Builder confidence hits yearly high in September

The National Association of Home Builders’ monthly measure of market conditions reached its highest point in 2019 and the highest point since October. Continue reading →