RE/MAX Publishes April 2024 Housing Report
RE/MAX has published its latest monthly report tracking updates to the national housing market (based on survey results of 50 metro areas). The report goes up to April 2024, which a press release noted is often the beginning of a summer pick-up for home sales. RE/MAX’s findings indicate this April won’t be any different. RE/MAX…
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Shaping the Future of Real Estate Technology
Above, Morgan Carey Celebrating 20 years of excellence, Real Estate Webmasters has spent the past two decades serving the real estate industry, adapting to changes and staying true to their commitment to delivering exceptional service. Having become a force in the real estate industry over the last 20 years, Real Estate Webmasters has consistently raised…
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Keller Williams Walks Back Profit-Sharing Cuts After ‘Unprecedented’ Meeting
Keller Williams announced today it is backing down on planned changes to profit sharing that sparked numerous lawsuits by former agents, allowing people who “vested” in the company’s sponsorship and recruiting program to continue receiving their full payments even if they affiliate with a competing brokerage. In a statement, Keller Williams President and CEO Mark…
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Stellar MLS to Host ‘Elevate’ May 23 in New Smyrna Beach
Stellar MLS is hosting “Elevate”—an innovative real estate event for industry professionals featuring top-tier vendors, informational sessions and networking opportunities—May 23 in New Smyrna Beach. Hundreds of agents, brokers and other industry professionals from Volusia, Flagler, Orange and Osceola counties, and other areas, are expected to attend Elevate, which will be held from 9 a.m.…
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United Real Estate Announces New Vice President of Operations
United® Real Estate has announced its promotion of Leigh Ann Bogran to the position of vice president of operations. Bogran joined the team two years ago as director, strategic project management. In her previous role, she spearheaded operational and enterprise-level programs and services for United’s agents and brokerages. Bogran has 15 years of experience in…
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Mortgage Mix: Rates Finally Come Down, but in Baby Steps
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. The Consumer Price Index (CPI) released by the U.S. Bureau of Labor Statistics showed an increase of 0.3% in April on a seasonally adjusted basis, after rising 0.4% in March. Bright MLS Chief Economist Dr.…
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Foreclosure Starts Decline Slightly in April, While Completions Rise
A total of 31,649 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in April 2024, according to the latest data from ATTOM. ATTOM’s Foreclosure Market Report for April 2024 found that foreclosure filings were down 4% from a month ago, and down 4% from a year ago. On the other hand, the report found…
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Economic Index Declines Again in April, Pointing to Slower Growth
The Conference Board Leading Economic Index (LEI) for the U.S. decreased 0.6% in April to 101.8, after decreasing 0.3% in March. Over the six-month period between October 2023 and April 2024, the LEI contracted 1.9%—a smaller decrease than its 3.5% decline over the previous six months. “Another decline in the U.S. LEI confirms that softer…
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States Face Unique Risks, Scrutiny as NAR Settlement Trickles Down
Overlooked in the national scramble to address the National Association of REALTORS®’ (NAR) settlement, and comprehend (or decry) all the changes that are coming to the industry, is the foundational truism that applies to every facet of real estate: that it is local. Just like with every other issue, every region and even every state…
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Planning for a New Commission Future
Above, from left, Elias Astuto, Riezl Baker, Keith Robinson and Maureen Sullivan In the wake of the National Association of REALTORS®’ decision to settle commission lawsuits, the real estate industry is bracing for a new reality. Rather than clinging to how things were before, we asked some of our 2024 Real Estate Newsmakers the following…
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