Nation's largest mortgage lender says brokers "will no longer need to work with a title company or settlement agent for title work, balancing fees, scheduling closing or any related communication."

RE/MAX has published its latest monthly report tracking updates to the national housing market (based on survey results of 50 metro areas). The report goes up to April 2024, which a press release noted is often the beginning of a summer pick-up for home sales. RE/MAX’s findings indicate this April won’t be any different. RE/MAX…

The post RE/MAX Publishes April 2024 Housing Report appeared first on RISMedia.

Above, Morgan Carey Celebrating 20 years of excellence, Real Estate Webmasters has spent the past two decades serving the real estate industry, adapting to changes and staying true to their commitment to delivering exceptional service. Having become a force in the real estate industry over the last 20 years, Real Estate Webmasters has consistently raised…

The post Shaping the Future of Real Estate Technology appeared first on RISMedia.

Drop In U.S. Jobless Claims Signals Labor Market Resilience Despite Florida Spike  Benzinga

Keller Williams announced today it is backing down on planned changes to profit sharing that sparked numerous lawsuits by former agents, allowing people who “vested” in the company’s sponsorship and recruiting program to continue receiving their full payments even if they affiliate with a competing brokerage. In a statement, Keller Williams President and CEO Mark…

The post Keller Williams Walks Back Profit-Sharing Cuts After ‘Unprecedented’ Meeting appeared first on RISMedia.

Nine of the 10 cities with the steepest drops in rent in April were in the Sun Belt, according to Redfin.

Stellar MLS is hosting “Elevate”—an innovative real estate event for industry professionals featuring top-tier vendors, informational sessions and networking opportunities—May 23 in New Smyrna Beach. Hundreds of agents, brokers and other industry professionals from Volusia, Flagler, Orange and Osceola counties, and other areas, are expected to attend Elevate, which will be held from 9 a.m.…

The post Stellar MLS to Host ‘Elevate’ May 23 in New Smyrna Beach appeared first on RISMedia.

A company that builds software for homeowners’ associations, PayHOA, landed a Series A funding round of $27.5 million.

The cuts, initially approved last summer, were set to go into effect this July. But as of this spring, Keller Williams was facing multiple class action lawsuits over the changes.

Grant Cardone's Prophecy Rings True: U.S. Mortgage Drop Bolsters Warning On Short-Term Rentals  Benzinga

In the face of so much rapid change and an often-frustrating lack of clarity from The Powers That Be, what the heck are you supposed to tell your buyers and sellers now?

United® Real Estate has announced its promotion of Leigh Ann Bogran to the position of vice president of operations. Bogran joined the team two years ago as director, strategic project management. In her previous role, she spearheaded operational and enterprise-level programs and services for United’s agents and brokerages.  Bogran has 15 years of experience in…

The post United Real Estate Announces New Vice President of Operations appeared first on RISMedia.

Roy Mcllroy's property empire: What's at stake in the pro golfer's $200M divorce from Erica Stoll?  Daily Mail

The Serbian government signed a deal with a Kushner-affiliated development company earlier this week that will allow them to redevelop the former headquarters of the Serbian army.

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. The Consumer Price Index (CPI) released by the U.S. Bureau of Labor Statistics showed an increase of 0.3% in April on a seasonally adjusted basis, after rising 0.4% in March. Bright MLS Chief Economist Dr.…

The post Mortgage Mix: Rates Finally Come Down, but in Baby Steps appeared first on RISMedia.

A total of 31,649 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in April 2024, according to the latest data from ATTOM. ATTOM’s Foreclosure Market Report for April 2024 found that foreclosure filings were down 4% from a month ago, and down 4% from a year ago. On the other hand, the report found…

The post Foreclosure Starts Decline Slightly in April, While Completions Rise appeared first on RISMedia.

The Conference Board Leading Economic Index (LEI) for the U.S. decreased 0.6% in April to 101.8, after decreasing 0.3% in March. Over the six-month period between October 2023 and April 2024, the LEI contracted 1.9%—a smaller decrease than its 3.5% decline over the previous six months. “Another decline in the U.S. LEI confirms that softer…

The post Economic Index Declines Again in April, Pointing to Slower Growth appeared first on RISMedia.

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Overlooked in the national scramble to address the National Association of REALTORS®’ (NAR) settlement, and comprehend (or decry) all the changes that are coming to the industry, is the foundational truism that applies to every facet of real estate: that it is local. Just like with every other issue, every region and even every state…

The post States Face Unique Risks, Scrutiny as NAR Settlement Trickles Down appeared first on RISMedia.

With the expansion, Redfin Next is now available to agents in 36 markets nationwide, according to an announcement Friday. Redfin execs said the plan has "proven to be even better" than expected.