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NAR Announces the Companies Attending REACH 2024

USA Real Estate News-RISMedia - 3 hours 56 min ago

Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced the acceptance of eight companies to the 2024 REACH program. This marks the 12th cohort focused on accelerating technology solutions for the U.S. residential real estate sector. “Through the REACH scale-up program, we’re catalyzing transformative advancements at the intersection of technology…

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Making the Market Work Through National Standards and Local Customization

USA Real Estate News-RISMedia - 4 hours 9 min ago

Navigating tectonic technology shifts and proactively innovating for the future, for the last 40-plus years, real estate software company FBS has been laser-focused on serving MLSs (multiple listing services) with technology.  On a mission to keep MLS subscribers in the driver’s seat with a number of industry-first innovations under their belt, FBS continues to lead…

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Mortgage Applications Increase Again This Week

USA Real Estate News-RISMedia - 5 hours 13 min ago

Despite an increase in mortgage rates this past week, mortgage applications saw a second week of increases, up 3.3% from last week’s very slight uptick of 0.1%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending April 12, 2024. Analysis points to activity increasing over concern…

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Zillow launches ‘Home Just Got Real’ ad campaign

USA Real Estate News-Inman - Tue, 2024-04-16 17:13
Just in time for spring homebuying, portal powerhouse Zillow has released a new ad campaign aimed at celebrating the persistence of millennial and Gen-Z homebuyers amid market headwinds. The ad series, "Home Just Got Real," includes two 30-second and one 15-second videos that highlight the reasons people buy — a place for their child to grow up or a home big enough for their furry friends — and the lengths they go to achieve their dreams.

Sun Belt property managers merge as Bryten Real Estate Partners

USA Real Estate News-Inman - Tue, 2024-04-16 14:59
Phoenix-based MEB Management Services and St. Petersburg, Florida-based Weller Management announced their merger on Monday.

Homeseller sentiment is lukewarm as spring homebuying ramps up

USA Real Estate News-Inman - Tue, 2024-04-16 14:45
Elevated mortgage rates and home prices have made sellers leery about listing this spring. As a result, 50 percent of homesellers said they'll be aligning their sales with a late-year rate drop.

Better Homes and Gardens Real Estate Announces New VP

USA Real Estate News-RISMedia - Tue, 2024-04-16 14:18

Above, Christina Balas Better Homes and Gardens Real Estate LLC has announced the appointment of Christina Balas as vice president of servicing and operations.   In her new role, Balas will develop critical initiatives to drive affiliate performance, satisfaction and engagement with a focus on growing market share and increasing agent productivity. She will also lead…

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John L. Scott Real Estate Names New Company Financial Officer

USA Real Estate News-RISMedia - Tue, 2024-04-16 13:32

John L. Scott Real Estate has appointed Jeffrey Currier as the company’s new Company Financial Officer. In this role, the company stated that Currier will be responsible for overseeing finance and accounting at John L. Scott. He will focus on cash management, leases, facilities, and will be closely involved in forecasting and executing strategies that…

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Housing Starts Drop From February Rally

USA Real Estate News-RISMedia - Tue, 2024-04-16 13:08

Privately-owned housing starts plunged in March to a seasonally adjusted rate of 1.32 million—14.7% below the February estimate of 1.54 million—and 4.3% below the March 2023 rate of 1.38 million, according to the latest report from the Census Bureau and the U.S. Department of Housing and Urban Development (HUD). And while starts of new single-family…

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Brokerages Claim Buyer Lawsuits Barred by Statute of Limitations

USA Real Estate News-RISMedia - Tue, 2024-04-16 12:07

With commission-focused lawsuits filed by recent homesellers seemingly headed toward resolution through a patchwork of settlement agreements, the real estate industry is now pivoting to face another threat—allegations from homebuyers that companies conspired on rules that inflated commissions and harmed them. In the largest and most recent lawsuit filed by buyers—known as Batton—several big brokerages…

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Century 21 Announces Baltimore Affiliation

USA Real Estate News-RISMedia - Tue, 2024-04-16 11:58

Century 21 Real Estate LLC has announced its expansion in the Baltimore Metropolitan area, thanks to its latest affiliation: Harris Hawkins & Co., a Black-owned, woman-led business, now operating as CENTURY 21 Harris Hawkins & Co. Founded in 2020 by Baltimore natives Tiffany Harris and Brandi Hawkins, the company is now owned and operated by…

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