Surveys reveal why some buyers don’t shop for a mortgage

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Shopping around can save thousands of dollars, but one in three prospective homebuyers only get a quote from one lender, Freddie Mac surveys show. Continue reading →

‘The Goonies’ house in Oregon hits the market for $1.65M

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“People from many countries and all walks of life are calling to inquire about how they can be the next owner of this iconic property,” the listing agent said about the birthplace of the truffle shuffle. Continue reading →

Corcoran Global Living CEO awash in lawsuits amid agent pay delay

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Agents at some of the California-based franchisee’s 70-plus branches allege delayed commission payments and power outages as CEO Michael Mahon battles lawsuits on multiple fronts. Continue reading →

Corcoran Perry & Co. adds More Lifestyle Management services

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The Denver-based Corcoran Group affiliate’s clients will now have access to More Lifestyle Management’s services, which include personal assistants, home management, moving management, concierge services and event planning. Continue reading →

Mortgage rates dropped faster this week than at any time in 40 years

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The fall from 7.08 percent to 6.6 percent would save buyers approximately $100 a month on a median priced home, according to a report released Thursday from Redfin. Continue reading →

Existing-home sales slip for ninth-consecutive month in October

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Sales of existing homes fell 5.9 percent to a seasonally adjusted rate of 4.43 million — 28.4 percent lower than in October 2021, according to data released Friday by the National Association of Realtors. Continue reading →

Why are so many real estate agents leaving the industry? The Real Word

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This week on The Real Word, Byron Lazine and Nicole White discuss the imminent mass exodus of real estate agents from the industry, lead gen myths and cryptocurrency coverage. Continue reading →

NAR passes proposals to encourage MLS data sharing statewide

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Aiming to compete with search portals, the National Association of Realtors will create a toolkit with resources, best practices and case studies that MLSs will be able to use if they choose to share listing data across states. Continue reading →

Confront this shifting market at Inman Connect New York

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Join us Jan. 24-26 at Inman Connect New York to gain insights on how to crush it and come out on top in 2023. Continue reading →