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Mortgage Companies, Trade Groups Launch New Program to Address Racial Homeownership Gap
The Mortgage Bankers Association (MBA) and 13 industry stakeholders announced the formation of the CONVERGENCE Collaborative, a coordinated effort to identify and develop solutions to help close the racial homeownership gap. Over the next three years, the CONVERGENCE Collaborative will deploy more than $1 million annually to build on the existing network of location-based CONVERGENCE…
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Agents ‘not buying’ industry pleas to keep Clear Cooperation rule
Inman Connect Austin kicked off with a spirited debate about Clear Cooperation and the disconnect between brokerage leaders and agents over whether to keep it.
Mortgage Applications Down for Second Week After Slight Uptick in Rates
Applications for home purchases dipped again this week following mortgage rates moving higher, according to the Mortgage Bankers Association’s (MBA) latest Weekly Applications Survey for the week ending October 4, 2024. MBA reported that mortgage applications decreased 5.1% from one week earlier, when they dipped 1.3%. Overall applications are still up over this time last…
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Coldwell Banker, RE/MAX, eXp Realty swept up in Section 8 sting
A consumer watchdog filed complaints with California’s Civil Rights Department against 200 firms after an undercover sting found that the vouchers were refused repeatedly across the state.
Real Estate Professionals Offer Help, Hope to Hurricane Helene’s Victims
Above, Hurricane Helene caused a tree to crash on the home of Savannah Pope in western North Carolina (photograph courtesy of Savannah Pope). Savannah Pope and her family are navigating the unknown after furious winds from Hurricane Helene sent a tree crashing through the second story of the roof of their western North Carolina home.…
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Super App stronger, Zillow acquires Virtual Staging AI
Another online space editor means the portal leader continues to focus on helping agents better serve sellers and buyers better grasp the potential of a prospective home.
Forbes Global Properties Announces Merger of Telluride Properties and Telluride Real Estate Corp.
Above, 851 Wilson Way, Telluride, Colorado listed by Telluride Properties/Forbes Global Properties. Listed as “One of the most stunning residences ever constructed in the Telluride region, including floor-to-ceiling glass, soul stirring views, infinity edge pond and flowing floor plan, creating an immersion in nature like no other home.” Listing price: $22,500,000 and represented by Steve…
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REALTOR® Realities: Job Insights From Longtime Pros to Prospective Agents
Most everyone likes to talk about what they do professionally. Well, maybe not lawyers worried they’ll be cornered for free legal advice. But inquire of people you meet about how they earn a living, and you’ll usually get a positive response. What about your job as a REALTOR®? You know the deal. Anything to turn…
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Invesco Real Estate acquires its first data center asset in Europe - Institutional Real Estate, Inc.
Invesco Real Estate acquires its first data center asset in Europe Institutional Real Estate, Inc.
PATRIZIA secures strategic repositioning mandate for iconic Pinners Hall in the City of London - Institutional Real Estate, Inc.
PATRIZIA secures strategic repositioning mandate for iconic Pinners Hall in the City of London Institutional Real Estate, Inc.
Border to Coast launches UK real estate fund - Funds Europe Magazine
Border to Coast launches UK real estate fund Funds Europe Magazine
What’s the biggest challenge NAR faces today? Pulse
With legal and leadership challenges aplenty, what do you see as the most intractable problem for the National Association of Realtors today?
Strong jobs report paints brighter economic picture: Economist
In this exclusive video series on Inman, Windermere’s Principal Economist Jeff Tucker illuminates the latest stats, reports and numbers you should know. This week: The latest employment numbers.
Commission suit against Howard Hanna, MLS tossed on the merits
The homeseller suit known as Moratis alleged a West Penn MLS commissions-related rule violates antitrust laws, but unlike a similar NAR rule, the former expressly allows offers of zero dollars.
