Renting has traditionally been thought of as an intermediate stage to homeowning, where a renter saves up before they’re ready to commit to buying a permanent (and more expensive) house. However, the Joint Center for Housing Studies (JCHS) at Harvard University’s latest findings dive into how more renters of all incomes are facing the greatest…
Housing starts decreased from October to November, according to the U.S. Census Bureau’s latest monthly report on new construction. Within that overall decline, though, the number of single-family home starts increased month-over-month. In November, privately owned housing starts reported a seasonally adjusted annual rate of 1,289,000, a 1.8% drop from the revised October rate of…
Are real estate commissions falling? Every REALTOR® has been asking that since NAR’s rule changes mandating buyer agent agreements went into effect earlier this year. RISMedia’s 2024 Contract & Commission Study—surveying 1,300 agents and brokers—found that yes, commissions have fallen noticeably since NAR’s settlement. By how much varies, though, and of the four major U.S.…
After a year of inflation coming down, the last stretch of 2024 has seen a reverse course, per the latest Consumer Price Index (CPI). The CPI, updated every month by the U.S. Bureau of Labor Statistics, measures changes to the costs consumers are facing and gauges inflation. From October to November 2024, inflation increased month-over-month…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Appeals filed to derail NAR settlement Following Judge Stephen R. Bough’s final approval of the NAR settlement agreement on Nov. 27, 2024, four appeals have been filed against it. The appeals are all filed on…
With a new year comes the hope of a brighter tomorrow—should the real estate industry be pining for a bright 2025? Bright MLS has published a forecast projecting that the answer is very different depending on which housing market you’re observing. RISMedia also spoke with the report’s author, Bright MLS Chief Economist Dr. Lisa Sturtevant,…
Ayoub Rabah, regional vice president of the Midwest for Coldwell Bank Realty, was named one of RISMedia’s 2024 Real Estate Newsmakers earlier this year. His commitment to diversity, equity, and inclusion (DEI) principles—including founding Coldwell Banker’s DEI council and organizing “Agents of Change” events—earned him a spot in the Trailblazer category. Devin Meenan: How does…
Those in the business of helping people buy and sell property in super-storm-damaged areas, have seen how more frequent weather disasters and other effects of climate change can have an impact on real estate. For those interested in reducing their global footprint, there are many ways real estate teams can contribute beyond the basics like…
While home prices have been steadily increasing for more than a year, the November S&P CoreLogic Case-Shiller national home-price index (HPI) showed that price gains are not stopping—but they are slowing. The latest HPI data released Tuesday tracks prices for the month of September 2024 (the index runs two months behind). During September, home prices…
The National Association of REALTORS® (NAR) has published a brand-new report tracking interstate migration of homebuyers during the year. The “2024 Migration Report” marks the first time that NAR has conducted the survey. Drawing on data from the U.S. Census Bureau, the report tracks which of the four major U.S. regions (Northeast, South, Midwest and…
Master the art of short sales and foreclosures. Earn your SFR® certification to confidently navigate distressed properties, support clients and expand your business in 2025 while saving. Save now.
