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$13.7 Billion Commission Lawsuit Certified as Class Action

USA Real Estate News-RISMedia - Fri, 2023-03-31 04:05

A federal judge yesterday affirmed class-action status for a suit targeting the National Association of REALTORS® (NAR) and several real estate companies, potentially opening up the antitrust case to a huge number of recent—and future—home sellers. In her 54-page ruling, Judge Andrea R. Wood of the Northern District of Illinois denied a motion by NAR…

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Spring Thaw Lures Buyers Back Into the Housing Market

USA Real Estate News-RISMedia - Fri, 2023-03-31 04:04

The recent six-month surge in active listings lost momentum, moderating to 59.9% year-over-year, and time on market shrank to 54 days, from January’s high of 74 days, as buyers eased back into the market in March, but higher mortgage rates could freeze them back out, according to a new report from Realtor.com.  Realtor.com’s Monthly Housing…

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Mortgage Delinquencies Decrease Both Monthly and Annually

USA Real Estate News-RISMedia - Fri, 2023-03-31 04:03

For the month of January, 2.8% of all mortgages in the U.S. were in some stage of delinquency, a 0.5 percentage point decrease compared with 3.3% last year and a 0.2 percentage point decrease compared with last month, according to a new report from CoreLogic.  According to CoreLogic’s monthly Loan Performance Insights Report, in January…

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More Than 8 Million Adults Aren’t Caught Up On Rent

USA Real Estate News-RISMedia - Fri, 2023-03-31 04:02

The high cost of housing isn’t just relegated to homeowners, with renters feeling the sting of rising prices. In fact, more than 8 million (13.17%) adults live in a household not caught up on rent payments, according to a new report from LendingTree. LendingTree’s new report, based on U.S. Census Bureau Household Pulse Survey data,…

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What is the Length of a Mortgage and How to Decide What’s Best

USA Real Estate News-RISMedia - Fri, 2023-03-31 04:01

When you buy a house for the first time, you will be asked by the lender how long you want the mortgage to last. In mortgage and real estate circles, this is the term of a mortgage. Most standard mortgages are either 15 or 30 years in length. However, many mortgage lenders have offered custom…

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A graphic artist’s take on maintaining brand identity

USA Real Estate News-Inman - Fri, 2023-03-31 04:00
Cultivate a culture that respects and promotes your brand while helping agents do the same. DOORA Properties creative director Janet Pozos provides her branding best practices.

How to make clients love writing reviews (so you can win)

USA Real Estate News-Inman - Fri, 2023-03-31 04:00
By keeping your testimonial review system fast, easy to access and uncomplicated, you can give clients ample opportunities and motivation to participate in sharing their experiences.
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