Pending home sales fall to their lowest level in two decades
Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined...
Amended settlement agreement in Nosalek suit not enough to appease the DOJ
The home seller plaintiffs and MLS Property Information Network’s (MLS PIN) efforts to address the Department of Justice’s “significant concerns” about their proposed settlement...
Cedar secures $3M in seed funding to help developers locate urban land
Real estate software development company Cedar announced this week that it has secured $3 million in seed funding to create a product that...
10 ways for real estate agents to stay compliant with fair housing laws
The last thing homebuyers and sellers expect to encounter on their real estate journey is discrimination. But until 1968, unethical practices in real...
Opinion: New commission standards from NAR don’t address the real issues
In mid-October amidst ongoing controversy, the National Association of Realtors (NAR) announced it has changed its commission rule, also known as its Participation...
Regulation hasn’t caught up to generative AI
Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a...
Fidelity and Doma report Q3 title earnings
Fidelity National Financial finished out third-quarter earnings reporting for the Big Four title firms this week, hosting its earnings call with investors and...
Top cost-effective retail lenders produce loans at half the industry average: Freddie Mac
The average cost to originate a loan at large-sized retail lenders (quarterly loan volumes of more than $500 million) was $11,000 in Q3...
Home prices will fall in 2024: Morgan Stanley
Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time...
All-cash transactions gain traction amid high mortgage rates: Redfin
In September, all-cash purchases represented one-third of the U.S. home purchases, compared to 29.5% a year ago, according to a Redfin report. It’s...
