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Falling rates pique buyers’ interest, but not their pocketbooks

USA Real Estate News-Inman - Fri, 2024-08-09 11:07
A surprise drop in mortgage rates got homebuyers off the sidelines and into home tours. However, affordability and recessionary concerns have kept buyers from making purchases.

Realtor.com, Homes.com Parents Spar in Court Filings as ‘Data-Theft’ Case Crawls Forward

USA Real Estate News-RISMedia - Fri, 2024-08-09 10:33

In new court legal briefs concerning the data-theft case, Move, Inc. and CoStar Group, the parent companies of Realtor.com and Home.com urged the judge to take their side regarding the timing of expedited discovery and other matters The latest back and forths came via CoStar’s supplemental memo on Aug. 7 to the U.S. District Court…

The post Realtor.com, Homes.com Parents Spar in Court Filings as ‘Data-Theft’ Case Crawls Forward appeared first on RISMedia.

Congress, Biden Administration and Landlords Debate Over Rent Control

USA Real Estate News-RISMedia - Fri, 2024-08-09 10:27

On July 24, the U.S. House of Representatives’ committee on financial services (HFSC) subcommittee on housing and insurance held a hearing, “Housing Solutions: Cutting through Government Red Tape.” Topics and ideas discussed were primarily related to examining regulatory barriers and other hot-button housing topics. But, a central theme of discussion was rent control, which was…

The post Congress, Biden Administration and Landlords Debate Over Rent Control appeared first on RISMedia.

E&V’s Anthony Hitt says the best thing agents can do now is ‘focus’

USA Real Estate News-Inman - Fri, 2024-08-09 10:21
The Engel & Völkers Americas president and CEO took time to chat with Inman and shared why agents should be concentrating on relationships — not confusion around commission lawsuits.

CAR Appoints Phil Hawkins as New CEO

USA Real Estate News-RISMedia - Fri, 2024-08-09 10:19

The California Association of REALTORS® (CAR) announced it has named Phil Hawkins as its new CEO. Hawkins currently serves as CEO of the Pacific West Association of REALTORS® (PWR), one of the largest local real estate associations in California. He was selected as part of a nationwide search by CAR’s leadership team and a search…

The post CAR Appoints Phil Hawkins as New CEO appeared first on RISMedia.

Commission, communication, compliance: Inman’s Top 5

USA Real Estate News-Inman - Fri, 2024-08-09 09:59
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Expedia adjusts H2 projections despite revenue growth

USA Real Estate News-Inman - Fri, 2024-08-09 09:54
Expedia Group met the high end of its earnings expectations for the second quarter of 2024, despite a challenging macro environment and softening travel demand, according to an earnings report released Thursday.

NAR: Settlement mandates ‘benefit’ buyers and sellers

USA Real Estate News-Inman - Fri, 2024-08-09 07:23
Consumer guides from the trade group offer a contrast to previous messaging but also continue to promote pre-emptive offers of compensation to buyer agents.

Now in beta, Eden’s AI home search aims to upend ‘Big Search’

USA Real Estate News-Inman - Fri, 2024-08-09 07:00
Agents can use Eden's AI tools to compete for business with affordability, a unique advantage in a market that may soon find buyers having to pay directly for representation
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