Tag Archives: News Brief

Fannie Mae lays off 100 workers citing unethical conduct

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Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program. Continue reading →

Build-to-rent homes hit record high in 2024 with no signs of slowing

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In 2024, a record 39,000 single-family rental homes were completed, marking a 15.5 percent jump from the previous year, according to a Point2Homes analysis of Yardi Matrix data released Wednesday. Continue reading →

First American CEO accused of choking barefoot cruise passenger

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Kenneth DeGiorgio now faces a criminal assault charge following an incident aboard the Virgin Voyages Resilient Lady cruise ship, according to an FBI criminal complaint. Continue reading →

Private listings offer no clear advantage for sellers: Bright MLS

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As the debate over Clear Cooperation has hit a peak in recent weeks, the new study suggests that seller flexibility may not mean much when it comes to looking at hard numbers from MLS transactions in the last year. Continue reading →

Ricky Carruth joins RLTYco as ambassador following series A

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Carruth will be spreading the word about RLTYco’s commission advance, tax, legal, and healthcare network services for agents on his social channels and through his agent training and education programs. Continue reading →

Condos are selling below list price as fees discourage buyers

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According to a new Redfin report, an overwhelming 68.4 percent of condos sold below their asking price — the highest share in five years. That’s a jump from 63.3 percent last year, signaling a cooling condo market. Continue reading →

North Texas MLS names Chris Carrillo as next CEO

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Carillo has been active in the industry for 26 years and has served as Metro MLS CEO in Milwaukee for the last 14 years. His appointment will begin on June 1. Continue reading →

Nimble enhances CRM with email marketing update

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Nimble, a company that provides the real estate industry with software for creating and managing customer relationships, has launched an on-board email marketing feature to bolster its lineup of flexible business tools. Continue reading →

Boomers claim top homebuyers spot, leaving millennials behind

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In a surprising shift, baby boomers have now surpassed millennials as the largest group of homebuyers, according to a new report released by the National Association of Realtors (NAR). Continue reading →

RealPage sues Berkeley, California, over rental algorithm ban

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Berkeley passed a local law against rental algorithms last month. RealPage says the rule is unconstitutional and the result of “an intentional campaign of misinformation.” Continue reading →