Real Estate News

Leading Economic Indicators Fall Slightly in March

The Leading Economic Index (LEI) fell 0.3% in March to 102.4, a reverse from February’s slight increase, according to the latest release from The Conference Board. March’s LEI is down 2.2% over the six-month period between September 2023 and March 2024—down from its 3.4% contraction over the previous six months. February’s 0.2% increase was the…

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Oklahoma Brokerage Affiliates with Better Homes and Gardens Real Estate

Better Homes and Gardens Real Estate The Platinum Collective, based in Newcastle, Oklahoma, is the latest firm to join the lifestyle real estate brand. The white-glove full-service company assists clients in a wide range of real estate transactions, including assistance with luxury residential listings, ranch and rural properties, new construction, commercial sales, land sales and…

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Setting the Stage for Smoother Real Estate Transactions

Above, John Coake. Last fall, Compass acquired Realty Austin and Realty San Antonio—a boutique firm with four offices boasting two decades of familiarity and success in their respective Texas markets. According to John Coake, the newly acquired company’s head of sales and broker associate, the move provides a unique opportunity.  “Joining Compass has elevated our…

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RISMedia’s 2024 Power Broker Report: Continued Pain, Then Hopes of Gain

Inflation. Interest rates. Inventory shortage. Add to that a court decision that found major real estate players guilty of price fixing—along with the contagion of copycat lawsuits that ensued—and 2023 goes down as potentially the most trying year in the history of residential real estate.  Plagued by a post-pandemic housing recession that is stretching into…

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BoomTown Confirms System-Wide Hack by Third-Party

BoomTown ROI, a real estate proptech company, confirmed Thursday that the cause of a multi-day system outage affecting potentially thousands of real estate professionals, was a system-wide hack from a malicious third-party source that began on April 10. The company, which provides real estate management software including IDX websites, lead generation and management and CRM…

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New-Home Mortgage Applications Jump in March Despite Fewer Sales, MBA Reports

In a mixed bag for housing, mortgage applications for new homes jumped in March, while new-construction sales simultaneously fell amid affordability woes, according to the Mortgage Bankers Association (MBA). Mortgage applications for new-home purchases rose 6.2% in March compared to the same period last year, according to data from the MBA’s Builder Application Survey (BAS).…

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Nothing but Full Service-Plus Works for Kansas City Team

Erin Peel remembers poring through the pictures in her mother’s heavy and closely guarded MLS book when she was just a kid in Kansas City – and while her mom left the real estate business after several years, the image of all those lovely homes stayed with her. Her path to real estate was not…

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Ask The Newsmakers: Making Fair Housing a Reality for All

From left, Anthony Domathoti, Mariel Pamintuan-Esguerra, LaMarcus Thurman and Jemila Winsey Real estate professionals are on the frontlines when it comes to advocating for fair housing and the future of our industry. As we commemorate Fair Housing Month in April, we asked some of our 2024 Real Estate Newsmakers who have a reputation for community…

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National Homebuilders Association Researches What Buyers Want

BuilderBooks, the publishing arm of the National Association of Home Builders (NAHB) recently released the fourth edition of “What Home Buyers Really Want.” “Based on a comprehensive nationwide survey of recent and prospective homebuyers, “What Home Buyers Really Want” offers unparalleled insights into the pulse of today’s housing demands,” said Carl Harris, chairman of the…

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Understanding the Importance of Septic Inspections as a Buyer and Homeowner

Septic tank inspections are crucial for any homeowner considering the purchase of a house with a septic system. I will cover the inspection process, identify who should perform it and explain its importance. A septic system handles a home’s wastewater, making its condition vital for property value and health standards. Inspections can prevent future expenses…

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