Author Archives: AJ LaTrace

FHFA, HUD approve VantageScore 4.0 for government-backed loans

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VantageScore 4.0 will now be accepted by Fannie Mae and Freddie Mac, with the Federal Housing Administration also moving to adopt the model. Continue reading →

NAR says it’s making quick progress on 3-year Strategic Plan

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“Rebuilding trust requires more than words — it requires visible progress,” NAR CEO Nykia Wright said in the report. Continue reading →

Pocket listings reshape access as agent commissions remain largely unchanged: Watchdog

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A new report suggests that the industry’s push toward pocket listings is emerging as a pressure point for first-time buyers. Continue reading →

Is the US short 1M or 10M homes? Here’s why nobody can agree

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A new White House economic report estimates the country is short 10 million homes, but researchers can’t seem to agree on the number. Continue reading →

Disney outlines plans for 4,000-home North Carolina community

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Dubbed Asteria, the 1,500-acres development will include a mix of single-family homes, condos, duplexes and apartments. Continue reading →

New data shows Compass dominating key markets and keeping more deals in-house

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Compass now holds 30 percent to 39.5 percent of unit sales across five major markets — a share at least four times larger than the next biggest brokerage. Continue reading →

From Warped Tour to home tours: Meet the musicians who found their second stage in real estate

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For many touring musicians, the transition into a second career in real estate isn’t as surprising as it sounds. Continue reading →

The Fed is putting rate hikes back on the table. Here’s what that means for agents

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Some policymakers raised the possibility of rate increases if inflation proves more stubborn than expected. Continue reading →

Florida just made it harder to block new housing development

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Appeals to neighborhood character alone won’t be enough to kill a proposal if a developer has proposed reasonable mitigation measures. Continue reading →

NWMLS blasts Compass’ ‘Orwellian’ listing strategy in new legal filing

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NWMLS is escalating its legal battle with Compass, filing federal counterclaims that accuse the brokerage of a deceptive listings strategy. Continue reading →