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Concerns about fraud mean lenders who want to sell multifamily loans to the mortgage giants may be required as soon as this summer to do more due diligence on borrowers and their properties.

Real Estate Market Update: Luxury Property Values Are Reportedly Rising Faster than Typical US Properties for First Time in Years  Crowdfund Insider

U.S. property giant Hines has $2-billion to shop for housing development projects in Canada  The Globe and Mail

In more signs the market may be normalizing, Realtor.com’s latest housing report shows inventory levels rising to a post-pandemic high, along with price cuts reaching their highest rate since October of last year.  According to Realtor.com®’s July Monthly Housing Market Trends Report, the market is becoming more buyer friendly with homes actively for sale growing…

The post Report Shows Post-Pandemic High for Inventory in July appeared first on RISMedia.

The holiday season is a unique time for the real estate market. Understanding how holidays affect home sales now can guide buyers and sellers in making informed decisions if they decide to enter the market at that time of year. I have provided detailed information to help potential home sellers whether it makes sense to…

The post The Impact of Holidays on Home Sales appeared first on RISMedia.

Following last month's assassination attempt on former President Donald Trump, a 24/7 road closure is curbing direct access to a number of Palm Beach luxury listings.

Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, has announced the acceptance of seven companies to the 2024 REACH Commercial program. This marks the sixth cohort dedicated to scaling solutions for commercial real estate. NAR stated that companies selected for the 2024 program represent a diverse range of solutions across…

The post NAR Announces Companies for 2024 REACH Commercial Program appeared first on RISMedia.

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. CoStar Granted Expedited Discovery in Realtor.com’s Data-Theft Lawsuit CoStar Group’s application to expedite discovery in the data-theft lawsuit filed against them by Move, Inc. (Realtor.com®’s parent company) has been granted by the court. …

The post COURT REPORT: eXp Agrees on Discovery Provisions, Zillow Lawsuit Comes to a Resolution appeared first on RISMedia.

A longstanding practice, the very concept of buyer agency—and the value buyer’s agents bring to the home-buying journey—is being challenged within the industry today. As practice changes required under the National Association of REALTORS®’ (NAR) Settlement Agreement go into effect this month (as of press time), Realtor.com is doubling down on its commitment to not…

The post Standing Up for Buyer Representation appeared first on RISMedia.

As the mortgage industry continues to see signs—lowering mortgage rates and worsening applications—that point to the strong possibility of a Federal Reserve interest rate cut this fall, lenders continue to fight through challenges and work to profit. Rocket Companies has continued to fight the changing tide of mortgage market challenges and see success, as their…

The post Technological Focus Continues to Drive Rocket Mortgage’s Success appeared first on RISMedia.

The U.S. Navy will expand a toxic remediation project at the Hunter's Point Shipyard after radioactive findings at the site.

A Washington listing photographer said Zillow Gone Wild used her photo without permission in February 2022. After attempting to negotiate a payment of roughly $30,000, she's now suing for a maximum judgment of $300,000.

Just about one month after listing the property with Leonard Moens, Leonard Riggio's 1.7-acre oceanfront estate in Palm Beach has gone under contract.

Wealthy American Buyers Fuel Soaring Home Prices In Southern Europe  AOL

US: Is rising loan default harbinger of real estate crisis?  Lokmat Times

By its definition, real estate is a high-churn business, according to Mike DelPrete, which offers the potential for massive shifts in brokerage revenue year-to-year.

Wealthy American Buyers Fuel Soaring Home Prices In Southern Europe  Yahoo Finance

Wealthy American Buyers Fuel Soaring Home Prices In Southern Europe  Benzinga

The Residence to launch aparthotel brand Jitaku in 2025  Serviced Apartment News

US Real Estate Market Leads Globally, Despite 2023 Decline  Commercial Property Executive