The share of seriously underwater mortgages moved up slightly from 2.6 percent to 2.7 percent in the first quarter, according to a report from Attom released Thursday.

How I Budget to Live in the Most Expensive City in the U.S.  Real Estate

A solid Q1 earnings report has Redfin CEO Glenn Kelman feeling confident. However, persistent market headwinds are keeping the CEO from being too bullish.

Judge Stephen R. Bough gave his final approval today to settlement agreements struck by big brokerages in class-action commission lawsuits, granting broad immunity from claims by sellers that these companies conspired on rules that inflated real estate compensation at the expense of consumers. The ruling does not include a settlement struck by the National Association…

The post Judge Approves Seller Settlements, With Limited Buyer Protections appeared first on RISMedia.

Corporate real estate is on a 'cliff edge' as firms race to rethink communal spaces  BBC.com

The ruling by Judge Stephen R. Bough on Thursday resolves antitrust claims in the Sitzer | Burnett, Moehrl and Nosalek commission cases. However, it won't quash other existing suits from buyers.

US Supreme Court reinforces police power in seized vehicle ruling  Reuters

'Seriously Underwater' Homes Surge Across US – Here Are States With Biggest Jumps  MSN

The trade group had earlier signaled plans to raise dues in 2025, but during a board of directors meeting Thursday at the Realtors Legislative Meetings voted 894-20 to keep them at $156.

'Seriously Underwater' Homes Surge Across US – Here Are States With Biggest Jumps  Forbes

Q1 2024's real estate earnings are in. CoStar and Rocket Mortgage excelled, while RE/MAX and Opendoor face challenges. We've compiled the key highlights in one place. Here's what you might have missed.

The 30-year fixed-rate mortgage (FRM) decreased to 7.09% from 7.22% last week, the first decrease seen since they began rising five weeks ago in March, according to the latest Primary Mortgage Market Survey® from Freddie Mac. This week’s numbers:  The 30-year FRM averaged 7.09% as of May 9, 2024, down from last week when it…

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This week, my travels find me at home on Monday morning conducting WIG calls with our CEO’s. On Monday afternoon I traveled to Orange County, CA for business meetings and to participate at the Mike Ferry West Coast Management Retreat. As I reflect on the vibrant discussions at the Mike Ferry West Coast Management Retreat,…

The post Thoughts on Leadership: The Formula for Excellence appeared first on RISMedia.

Clockwise from top left: Howard Hanna agents Kim Crane, Jason Sekody, Kelly Huff and Ryan Shedlock Editor’s Note: The Buyer-Agent Playbook is a new iteration of RISMedia’s biweekly Playbook segment, specifically centering on buyer agency and how agents are navigating the changes and trends in a post-NAR-settlement environment. The series will provide brokers and agents…

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10 Most Dangerous States in America | Best States | U.S. News  U.S. News & World Report

In a generally upbeat Q1 earnings report May 8, residential real estate company Compass showcased $1.05 billion revenue, a 10% increase from Q1 2023. The company attributed the revenue gain to a 7.1% increase in transactions. On the negative side, Compass lost $132.9 million in Q1, still an improvement over the $150.2 million it lost…

The post Directionals Point North for Compass With Strong Q1 Earnings, Agent Gains appeared first on RISMedia.

KKR and Amante Capital acquire 132-key London hotel  Yahoo Finance

This Week's London Deal Sheet (May 5, 2024)  Bisnow

CRPTF plans $400m commitment to Artemis and Sterling US real estate funds  IPE Real Assets

Derwent London Confirms Cushman & Wakefield Letting as Occupier Demand Strengthens  CoStar Group