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Investors now certain Fed will cut in September. But by how much?

USA Real Estate News-Inman - Wed, 2024-08-21 16:28
Falling mortgage rates have more homeowners interested in refinancing, but homebuyers are largely staying on the sidelines. Rates may now be poised for a bigger drop.

RE software company reAlpha Tech Corp hires new CFO

USA Real Estate News-Inman - Wed, 2024-08-21 15:15
Publicly traded real estate software company reAlpha Tech Corp (AIRE) has hired a new chief financial officer. William Brent Miller will start his role immediately, taking the reins from Chief Operating Officer Michael J. Logozzo who's been reAlpha's interim CFO since July 12.

Inside Real Estate Expands Partnership with RE/MAX With Launch of Back Office Suite Powered by BoldTrail

USA Real Estate News-RISMedia - Wed, 2024-08-21 14:58

Inside Real Estate, a real estate software company, has announced it has expanded its enterprise partnership with RE/MAX, LLC, to bring its next-gen technology portfolio, BoldTrail, to all RE/MAX network members in their company-owned regions across the U.S. and Canada. RE/MAX, LLC originally partnered with Inside Real Estate in 2022, successfully rolling out MAX/Tech powered…

The post Inside Real Estate Expands Partnership with RE/MAX With Launch of Back Office Suite Powered by BoldTrail appeared first on RISMedia.

It will take time for falling rates to translate into sales: Fannie Mae

USA Real Estate News-Inman - Wed, 2024-08-21 14:42
Affordability challenges will limit growth in home sales to 0.5 percent this year — to just 4.78 million — before surging to 5.19 million in 2025, according to the latest housing forecast from Fannie Mae economists.

Doma grows revenue, cuts Q2 losses on eve of going private again

USA Real Estate News-Inman - Wed, 2024-08-21 14:33
Title tech provider expects $85 million merger with Dallas, Texas-based title insurance underwriter Title Resources Group to close later this year.

Thumbtack pins new product on task management for homeowners

USA Real Estate News-Inman - Wed, 2024-08-21 14:02
Thumbtack for Real Estate is an agent-facing co-branded experience that lets licensed professionals deliver an intuitive workflow for task management, from moving company provisioning to room renovation.

Six Iconic Real Estate Leaders to Be Inducted in 2024 RISMedia’s Newsmakers Hall of Fame

USA Real Estate News-RISMedia - Wed, 2024-08-21 13:45

Forging through a year engulfed in ongoing lawsuits and unexpected scandals and topped off by rising interest and mortgage rates and skyrocketing home prices, this year’s RISMedia Real Estate Newsmakers Hall of Fame class not only stands out for their companies’ continued success in an increasingly difficult market, but also for their firms’ newsworthy accomplishments…

The post Six Iconic Real Estate Leaders to Be Inducted in 2024 RISMedia’s Newsmakers Hall of Fame appeared first on RISMedia.

Gibson Plaintiff Attorneys Seek One-Third of $110.6M Settlement

USA Real Estate News-RISMedia - Wed, 2024-08-21 13:44

In a filing Tuesday, Aug. 20, the Gibson vs. NAR plaintiff attorneys—which includes the Burnett trial’s Michael Ketchmark—requested the court grant them one-third of the $110.6 million settlement pool (which equates to $36.8 million) as payment for their legal fees and work on the case. Specifically, the filing stated that “Class Counsel respectfully request that…

The post Gibson Plaintiff Attorneys Seek One-Third of $110.6M Settlement appeared first on RISMedia.

Top Tips for Using Mapping in Real Estate

USA Real Estate News-RISMedia - Wed, 2024-08-21 13:44

In the ever-evolving world of residential real estate, accurately understanding and conveying property value is paramount. At the core of this endeavor lies a crucial tool: maps. The importance of accurate and insightful mapping cannot be overstated, as it plays a vital role in both pricing and marketing properties. Here are some top tips for…

The post Top Tips for Using Mapping in Real Estate appeared first on RISMedia.

Mortgage banks notch profit on loans for first time in 8 quarters

USA Real Estate News-Inman - Wed, 2024-08-21 13:22
The average loan balance for first mortgages rose from $345,761 in the first quarter to $356,993 in the second, the Mortgage Bankers Association reported.

Cardone slams Harris-Walz $25K down payment assistance plan

USA Real Estate News-Inman - Wed, 2024-08-21 12:25
Cardone Capital CEO Grant Cardone slammed VP Kamala Harris' housing policies on Fox Business, saying they will lead to the collapse of the housing market in Democratic-led states.

Law firms seek $36.8M out of $110M settlement pool in Gibson

USA Real Estate News-Inman - Wed, 2024-08-21 12:19
In a filing outlining costs and expenses, plaintiffs' attorney Michael Ketchmark estimates he has spent 7,000 hours on Gibson and other commission suits for work totaling $10.1 million since 2019.

Mortgage Applications Drop; Refinance Activity Remains High

USA Real Estate News-RISMedia - Wed, 2024-08-21 11:26

Mortgage applications decreased 10.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending August 16, 2024. This is a large decrease from the most recent weeks of increases, however refinance activity remains strong as rates have lowered. This week’s data: The Market Composite Index,…

The post Mortgage Applications Drop; Refinance Activity Remains High appeared first on RISMedia.

Real Estate Webmasters’ Summer of Innovation Empowers Customers With the Tools and Knowledge They Need to Excel

USA Real Estate News-RISMedia - Wed, 2024-08-21 11:13

With the release of Real Estate Webmasters’ (REW) newest CRM, the leading real estate technology innovator has leapfrogged every other “all-in-one” real estate platform to take the No. 1 spot in the combined website, lead generation and CRM space, according to the company.  “When Zillow acquired Follow Up Boss (FUB), I knew it was time…

The post Real Estate Webmasters’ Summer of Innovation Empowers Customers With the Tools and Knowledge They Need to Excel appeared first on RISMedia.

Charles El-Moussa Named Midwest Real Estate Data General Counsel

USA Real Estate News-RISMedia - Wed, 2024-08-21 11:04

Midwest Real Estate Data (MRED) has officially announced Charles El-Moussa as the company’s new General Counsel, effective immediately. MRED stated that El-Moussa will play a crucial role in providing legal guidance to the company’s ongoing strategic discussions, ensuring the multiple listings service continues to stay ahead of the curve and navigate the complex challenges of…

The post Charles El-Moussa Named Midwest Real Estate Data General Counsel appeared first on RISMedia.

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