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Independent Brokerages Receive Settlement Approval After Short Hearing

USA Real Estate News-RISMedia - Wed, 2025-06-25 12:16

Another six brokerages received more assurance that their settlement deals in seller-filed class-action commission lawsuits will go through, as Judge Stephen R. Bough of the Western District of Missouri gave his final approval to six more deals following a short hearing yesterday. NextHome, The Keyes Company and Illustrated Properties, John L. Scott, LoKation, Real Estate…

The post Independent Brokerages Receive Settlement Approval After Short Hearing appeared first on RISMedia.

Refinancing Drives Mortgage Application Increase This Week

USA Real Estate News-RISMedia - Wed, 2025-06-25 12:00

Amid Middle East and continuing economic uncertainty and mortgage rates edging higher, mortgage applications still saw an increase this week, mostly thanks to refinances.  According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending June 20, the Market Composite Index (a measure of mortgage loan application volume)…

The post Refinancing Drives Mortgage Application Increase This Week appeared first on RISMedia.

Is Zillow skating dangerously close to thin ice?

USA Real Estate News-Inman - Wed, 2025-06-25 11:24
Team leader Carl Medford writes that Zillow's brokerage license and algorithmic pricing suggestions could be setting it up for a legal showdown that threatens its entire business model.

New residential sales drop nearly 14% in May, their sharpest in 3 years

USA Real Estate News-Inman - Wed, 2025-06-25 09:43
Homebuyers continued to respond to market headwinds like high mortgage rates and economic uncertainty and failed to be drawn in by builder sales incentives.

Cash prevails as king when it comes to luxury

USA Real Estate News-Inman - Wed, 2025-06-25 08:00
Luxury real estate agents can expect wealth strategy, "smart luxury," move-up buyers, the ultra- and aspirationally-wealthy divide, and cash purchases to impact the market in the months ahead.

Ripple effect: The unseen influence of your real estate work

USA Real Estate News-Inman - Wed, 2025-06-25 03:00
The next time you're questioning your effort and your impact, coach Darryl Davis writes, look at the ripple effect of all you do and the lives you touch.

How are you getting buyer leads in today’s market?

USA Real Estate News-Inman - Wed, 2025-06-25 03:00
How are you bringing in buyers these days? How are you converting them into well-qualified, ready-to-buy clients?

So far, the conflict with Iran hasn’t nudged the US housing market. But could it?

USA Real Estate News-Inman - Wed, 2025-06-25 03:00
Economists typically keep their eyes out for three key things when assessing whether a Middle East conflict could weigh on U.S. home sales. Here's what they are.
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