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Integrity in Real Estate
Updated: 56 min 34 sec ago

CFPB Drops Lawsuit Against Rocket, Jason Mitchell Group

Thu, 02/27/2025 - 11:21

The Consumer FInancial Protection Bureau (CFPB) has dismissed a lawsuit against Rocket Homes and the Jason Mitchell Group (JMG) with prejudice, ending the litigation which accused both companies of engaging in an illegal kickback scheme steering homeowners in exchange for leads. In an email obtained by RISMedia, Thomas Burke, a lawyer representing JMG, wrote that…

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Delta Survey Reveals Real Estate Leaders’ Confidence is at a Three-Year High

Thu, 02/27/2025 - 11:05

Real estate brokerage leaders are overwhelmingly optimistic about their economic, housing, and business outlooks for 2025, according to the latest Delta Media Real Estate Leadership Survey.  The third annual study surveyed over 100 brokerage executives whose firms collectively generated more than half of all US residential real estate transactions last year. For the first time…

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UCO Forms Partnerships With Organizations on Three Continents

Thu, 02/27/2025 - 10:18

Universal Consulting Opportunities (UCO)—a subsidiary of Stellar MLS—has announced it is connecting with international leaders, government officials and real estate pioneers to transform the industry on a global scale.  UCO stated it has been actively guiding MLS initiatives worldwide and has formed strategic partnerships with international real estate organizations across three continents. At the forefront…

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Atlanta Fed President Discusses Affordability, Inflation at “Fireside Chat”

Thu, 02/27/2025 - 10:14

The Urban Land Institute Housing Opportunity Conference, held in Atlanta, Georgia, brings together housing professionals in the private and public sectors. At the conference Raphael Bostic—the president of the Federal Reserve Bank of Atlanta—fielded questions from Dennis Shea, executive director of the J. Ronald Terwilliger Center for Housing Policy. Bostic has previously served on the…

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RE/MAX Debuts New Digital-First Branding at Annual R4 Conference

Thu, 02/27/2025 - 09:42

LAS VEGAS—The world and the real estate industry is evolving—and the RE/MAX brand is following suit. In order to help affiliates stand out in the online and social media environments, where the homebuying and selling journey begins, RE/MAX introduced a refreshed, digital-first balloon logo and logotype during the 2025 RE/MAX® R4® convention in Las Vegas…

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Mortgage Rates Reach Lowest Level in Over Two Months

Thu, 02/27/2025 - 09:13

Mortgage rates have officially fallen to the lowest level seen in over two months, but remain hovering not too far below 7%. The average 30-year mortgage rate decreased from 6.85% last week to 6.76% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac.  “The drop in mortgage rates, combined with…

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WATCH: Real Estate Leaders Discuss Commission Conversation Strategies

Thu, 02/27/2025 - 08:54

“Commission Conversation Strategies” A video panel discussion from RISMedia’s Rocking in the New Year 2025 with: Jessica Edgerton, chief legal officer/executive vice president of Industry and Learning, Leading Real Estate Companies of the World® Jillian Young, president, Premiere Plus Realty Darryl Davis, owner, Darryl Davis Seminars Keith Robinson, chief strategic officer, NextHome, Inc. Overview In…

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Pending Sales Shrink as Economists Fear Extended Winter Freeze

Thu, 02/27/2025 - 08:02

Prospective homebuyers and sellers remain cold, wary and economically pressured this winter, as the latest data from the National Association of REALTORS® (NAR) showed a not-insignificant 4.6% drop in pending transactions in January, with economists continuing to point at affordability as the biggest long-term barrier to more activity. Pending sales were also down 5.2% from…

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How to Have the Property Tax Conversation With Buyers

Wed, 02/26/2025 - 11:19

The data shows that property tax rates have risen across the United States in the past five years. This is one slice of a large trend against home affordability. If the question of property taxes comes up to you when working as a buyer’s agent, how do you respond to your client? Should you discuss…

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United Mortgage Still On Top, Touts Success Against Market Challenges in 2024

Wed, 02/26/2025 - 11:07

United Wholesale Mortgage (UWM) has continued to boast success in the mortgage market, with executives noting it saw the “third year as the number one mortgage company in America, the fourth year as the largest purchase lender, and the 10th year as the number one wholesale lender” in its recent Q4 and 2024 full year…

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Inside Baseball: How Does Your Team Reflect America’s Former Pastime?

Wed, 02/26/2025 - 09:37

It’s a story almost as old as the American social fabric: a kid grows up watching his favorite stars play ball on television and pretends to be them, playing in the sandlot or their backyard. Wiffle ball home run derbies and classic neighborhood battles commence.  But what can real estate agents learn from the quintessential…

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The $1.5T Question: Climate Risks Aren’t Scaring Buyers, but Insurance Cost Could Drive Long-Term Migrations

Wed, 02/26/2025 - 09:27

The future of residential property valuations is becoming deeply intertwined with the growing realities of climate change. As global temperatures rise, the frequency and severity of extreme weather events, such as hurricanes, wildfires, floods, droughts and extreme heat are expected to intensify. These environmental shifts pose both direct and indirect threats to real estate markets…

The post The $1.5T Question: Climate Risks Aren’t Scaring Buyers, but Insurance Cost Could Drive Long-Term Migrations appeared first on RISMedia.

New Home Sales Down 10.5% as Markets Waver on Affordability

Wed, 02/26/2025 - 09:09

The latest numbers, released jointly by the U.S Census Bureau and Housing and Urban Development, show sales of new single-family homes in January 2025 plunged to a seasonally adjusted annual rate of 657,000, down 10.5% from December 2024, which raked in 734,000 residential sales.  The findings also show a 1.1% decrease year-over-year from the 664,000…

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Gitcha Announces Southern California Fire Initiative to Assist Displaced Residents

Wed, 02/26/2025 - 07:38

Gitcha, a real estate marketplace designed to connect home buyers and renters with property owners and landlords, has announced its expansion into the Southern California market. “These wildfires have left thousands in Southern California searching for homes,” said Dan Cooper, CEO of Gitcha. “While we can’t create more housing, we can help those affected share…

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Philly + The Burbs Joins Berkshire Hathaway HomeServices Fox & Roach, REALTORS®

Wed, 02/26/2025 - 07:29

Berkshire  Hathaway HomeServices Fox & Roach, REALTORS® has announced that Philadelphia real estate team, ‘Philly + The Burbs,’ led by Ashlee Check, Joshua Hersz, Adam Brown and Karen Langsfeld, has joined the brokerage. The team, known in the area for its market expertise, sales strategies, and client-first approach, has closed over $60 million in sales…

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Mortgage Applications Continue to Fall Through Winter

Wed, 02/26/2025 - 07:02

Mortgage applications continued their fall for the second consecutive week, as mortgage rates remain elevated, hovering just under 7%. According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 21, 2025, the Market Composite Index (a measure of mortgage loan application volume) decreased 1.2% from one week…

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2025 Newsmakers: The Achievers Reaching New Heights in Real Estate

Tue, 02/25/2025 - 12:46

Success in real estate doesn’t happen by chance. It is built through strategy, resilience and an unwavering commitment to growth. RISMedia’s 2025 Newsmakers in the Achievers category have demonstrated what it takes to elevate their businesses, brands and careers to new heights. Whether through record-breaking sales, innovative marketing or impressive expansion, these industry pros have…

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Offerpad Seeks to Expand Its Buy Box as Earnings Take a Hit

Tue, 02/25/2025 - 11:17

Real estate technology firm and iBuyer Offerpad hosted its Q4 earnings call on Monday, Feb. 24– and CEO Brian Bair had to answer some difficult questions from investors about the company’s performance and long-term plans. Bair offered some insight into the company’s home buying targeting, saying that they sought to expand their buy box from…

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Consumer Confidence Falls Sharply, Dives Below Recession Indicator

Tue, 02/25/2025 - 11:11

Consumer confidence took a nose dive in February, according to the monthly survey conducted by non-profit The Conference Board, below a critical threshold that signals a a possible recession  “In February, consumer confidence registered the largest monthly decline since August 2021,” said Stephanie Guichard, senior economist at The Conference Board. “This is the third consecutive…

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Social Skills: How to Repurpose Content for Ultimate Exposure

Tue, 02/25/2025 - 10:24

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. When it comes to social strategy for real estate agents, understanding the value of one piece of content is important. But how is it that one simple blog…

The post Social Skills: How to Repurpose Content for Ultimate Exposure appeared first on RISMedia.

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