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Michael Jordan’s Northern Chicago mansion scores potential buyer
After 12 years on the market, Jordan’s Highland Park mansion is finally in contingency following price cuts totaling nearly $15 million. In the end, the final list price clocked in at $14.855 million.
Pennymac joins Rocket in boosting conforming loan limit to $802,650
Lenders have gotten into the habit of helping some homebuyers avoid jumbo loans by raising their limits before an official announcement by Fannie Mae and Freddie Mac's federal regulator.
Christine Jacobson, formerly of NextHome, heads to Realtor.com
Christine Jacobson has joined Realtor.com as senior vice president of B2B marketing. In her new role, Jacobson will expand the portal's B2B offerings in a bid to help agents grow their business.
Data: The Fuel for Success
In 2024 and beyond, data is the new oil. In the ever-evolving real estate market, brokers need access to seamless data integration to stay competitive. REsides, Inc., an independent property network, is here to provide brokers with the modern tools and data security they need to thrive. Data transparency It is important that brokerage data…
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Rocky Mountain Brokerage Affiliates with the CENTURY 21 Brand
Century 21 Real Estate has announced it is expanding the brand’s presence in Colorado’s luxury market with its latest affiliation of Edwards-based Top Dog Properties. Now doing business as CENTURY 21 Top Dog Properties, the brokerage stated it has developed a reputation within Colorado’s luxury markets of Aspen, Denver and Vail, as well as several…
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Fathom Settles Commission Suits, Will Pay $2.95M Over Two Years
Fathom Realty is the latest brokerage to strike a settlement in the seller-filed commission lawsuits, agreeing to pay $2.95 million over the next two years, according to an SEC filing as the company seeks to ensure “our agents continue to have the opportunity to excel in their service to clients.” “Fathom Realty was founded on…
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RE/MAX Key Properties Merges with West + Main Homes Oregon
RE/MAX Key Properties has announced a merger with West + Main Homes Oregon. Now operating jointly under the Key Properties brand, the brokerage stated that this merger signifies a shared vision to provide high quality service, resources and expertise to buyers, sellers and investors in Central Oregon. Ryan Buccola—broker/owner of RE/MAX Key Properties—and Greg Fischer—former…
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Home Price Growth Sees No Monthly Change for the First Time in a Decade
Home prices have continued to slow their annual appreciation, however their monthly appreciation appears to have come to a halt, according to the latest data from CoreLogic. CoreLogic’s latest Home Price Index found that July’s home price data was the 150th consecutive month of annual growth, however the rate continues to cool as it has…
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Legal Scholar Provides DOJ With Contracts Expertise as It Moves Forward in NAR Decision
University at Buffalo School of Law professor Tanya Monestier, in an exclusive, lengthy and wide-ranging interview with RISMedia, explained that she has had some contact with the Department of Justice (DOJ) concerning potential workarounds to the NAR settlement, though she stressed she has no idea whether or not what she provided was helpful. The DOJ…
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Rental Markets Cool—but Not to Pre-Pandemic Levels
“The rent is too damn high,” famously proclaimed New York City perennial candidate Jimmy McMillan. The latest analysis from Harvard University’s State of the Nation’s Housing 2024 report suggests those who share McMillan’s views are unlikely to change their tune. The report, tracking data up to Q2 2024, includes three major takeaways when it comes…
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Fathom Realty agrees to pay $2.95M to settle commission suit
The company denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue growing the business.
