Cost of insurance, property tax top triggers of mortgage delinquencies

Hidden costs of homeownership, like property taxes and homeowners insurance, were given a 37 percent risk factor for triggering mortgage delinquency by leaders in default servicing, according to a survey by Auction.com. Continue reading

Summer slump sees buyers back out of deals at record rates

Rising home prices and mortgage rates, and sticker shock from surprise housing costs, pushed buyers to cancel 56,000 home-purchase agreements in June, according to Redfin. Continue reading

Dwiggins’ warning on commission workarounds: Prepare to be sued

NextHome CEO James Dwiggins shares his thoughts on agents who use websites designed to advertise offers of compensation from listings after the NAR settlement takes effect next month. Continue reading

Suffering from commission anxiety? Here’s how to heal it

When your pipeline dwindles and your next payday is uncertain, anxious thoughts can consume your day. Rachael Hite offers a financial and self-care prescription. Continue reading

Credit reports should be non-negotiable in divorce proceedings

Credit reports offer a wealth of valuable insights and can be especially important in evaluating client needs post-divorce, Lindsey Harn writes. Continue reading

Eyeing next refi boom, lenders plan to maintain or grow payrolls

Lending industry leaders surveyed by Fannie Mae see the lack of housing supply as the biggest risk factor in 2024, but most expect refinancing to pick up next year if rates continue to fall. Continue reading

Real Talk: We can no longer ignore RPAC’s ethics problems

Trump’s newly appointed VP candidate introduced a bill in June that highlights the need to review RPAC’s ethics policies for candidates receiving funds, Rachael Hite writes. Continue reading

Homebuyers dig the NAR deal until they learn the details: Intel survey

Even if the settlement brings down commissions overall, buyers grow warier the more they learn about what the policy means for them, according to the latest Inman-Dig Insights consumer poll. Continue reading

The analyst who predicted a 30% fall in commissions has more to say

Veteran KBW analyst Ryan Tomasello will be talking about the “watershed moment” that could lead to consolidation and innovation across the real estate industry at Inman Connect Las Vegas. Continue reading

Disparity in agent splits evident in Northeast, Intel analysis reveals

These times have been hard on nearly every real estate business. But different parts of the country report unique challenges and business approaches, as illustrated by Intel’s monthly gauge of industry sentiment. Continue reading