Compass recruits top-performing Redfin agent in Washington

Hal Bennett is based in the Seattle metro area. He joins Compass as brokerages continue to compete for top agent talent. Continue reading

Mortgage rates retreat as wave of data suggests economy is cooling

In less than a week, a series of reports has changed the outlook for the timing and magnitude of future Fed rate cuts, sending mortgage rates into a five-day tailspin. Continue reading

Derek Jeter finds buyer for New York castle after 6 years

Located 50 miles from Manhattan in the town of Greenwood Lake, New York, Tiedemann Castle has seen $8 million in discounts since it was first listed in 2018. Continue reading

The Great Renovation is set to refresh aging US home inventory

The Great Renovation is already in process. Author Bernice Ross and New Western’s Kurt Carlton discuss how it can solve our inventory problems by breathing new life into America’s aging and abandoned vacant homes. Continue reading

Locked & Loaded: How the lock-in effect is impacting US consumers

Homeowners with at least a 5 percent mortgage rate are three times more likely to enter the market soon as those with a sub-3.5 percent rate, according to results from Inman-Dig Insights’ latest consumer poll. Continue reading

RealScout becomes LeadingRE’s newest preferred vendor

California-based proptech leader RealScout has become Leading Real Estate Companies of the World’s newest Solutions Group program member, according to an announcement on Wednesday. LeadingRE member brokers who register for a new RealScout account throu… Continue reading

Buyer appeals Keller Williams, Anywhere, RE/MAX settlements

The franchisors are not required to implement the business practice changes they agreed to until after the appeals process. Continue reading

UWM’s 0-down loans a hit with buyers, worry consumer advocates

Unlike subprime loans that were subjected to minimal underwriting standards in the runup to the housing crash and 2007-09 Great Recession, UWM’s zero-down loans have to meet criteria set by mortgage giant Freddie Mac. Continue reading

Opendoor rolls out mobile truck with instant offers in Nashville

“The Offer Mobile” is driving around neighborhoods in Nashville, Tennessee, to literally bring Opendoor’s instant offers to consumers’ front doors. Continue reading

Developers sit on empty lots as higher rates delay projects

After a generationally high apartment construction boom, some developers are now finding that the economics no longer make sense on in-progress projects. Continue reading