Tag Archives: inman

Senate confirms Scott Turner as HUD secretary in 55-44 vote

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Former Texas state representative and NFL star Scott Turner will now lead the Department of Housing and Urban Development after being confirmed in a Senate vote of 55-44. Continue reading →

Inventories on track to normalize in 40% of US markets this year

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After growing by 22 percent last year, inventory is “a bright spot for a market that’s been dealing with deep deficits in recent years,” according to ICE Mortgage Monitor report for February. Continue reading →

Wells Fargo closes 2 more consent orders in quest to shed asset cap

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Getting out from under $1.95 trillion cap would allow the bank to grow its deposit base, providing more room on the balance sheet to originate jumbo mortgages too big for Fannie and Freddie. Continue reading →

Commissions have fallen for homes above $500K, Redfin says

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Overall buyer’s agent commissions average 2.37 percent, essentially unchanged since August. Commissions rose for homes below $500,000, according to the new report. Continue reading →

Climate change reshapes real estate, putting $1.5T in value at risk

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Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases. Continue reading →

Nominate a rising star of the real estate industry

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Public nominations are now open in six categories for 2025, recognizing the real estate industry’s emerging leaders. Continue reading →

Corcoran adds trending listings feature to website

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The new feature, which the brokerage calls “like Netflix for real estate,” highlights for homebuyers trending properties based on unique views, interactions and leads, the firm has informed Inman. Continue reading →

Homebuilders warn they’re facing a 40% tariff on Canadian lumber

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In renewing a call that building materials be exempt from tariffs, trade group notes that more than 70 percent of imported softwood lumber and gypsum used for drywall comes from Canada and Mexico. Continue reading →

Compass launches ‘Compass One’ client portal and dashboard

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The new portal went live on Monday as debates over Clear Cooperation have come to a peak. It will allow clients access to Compass exclusives, and to track transactions. Continue reading →

Homebuilders anxiously await details on Canada, Mexico tariffs

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Bond market investors who fund most mortgages didn’t panic Friday over reports that the U.S. will impose tariffs on China, Canada and Mexico on Saturday, but details remain sketchy. Continue reading →