Editor’s Note: The RISMedia series, Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. As a new year and new presidential administration begins, the real estate industry is uncertain of what shape the housing market will take in the coming weeks. Many real estate professionals welcome the Trump…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. eXp and Weichert settlements under review eXp and Weichert’s attempts to reach a conclusion in the commission lawsuit Gibson v. NAR have hit another road block. Both brokerages have faced accusations of partaking in a…
As the new year sets in, will there be sufficient inventory to make 2025 a strong time for the real estate market? The latest report on new residential construction from the U.S. Census Bureau found housing starts increased at 2024’s end, but still lagged compared to 2023. Specifically, during December 2024, privately-owned housing starts were…
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The ongoing litigation between the Department of Justice (DOJ) and Rocket Companies has continued, with the DOJ now asking a Colorado federal court to deny Rocket’s claims that it is not liable for alleged…
President-elect Donald Trump will take office on Mon., Jan. 20, but the U.S. Senate has already been hearing from some of his cabinet nominees—including the one most likely to impact the housing sector. On Thurs., Jan. 16, the Senate Committee on Banking, Housing and Urban Affairs held a confirmation hearing for Scott Turner, Trump’s nominee…
An easy New Year’s resolution for any agent is to find more clients or close more sales in 2025 than they did in 2024. But how do you turn this goal into action, and then, results? Reaching out to past clients is often a good idea, but be careful that this strategy doesn’t become a…
Update: On Friday, January 17, 2025, the U.S. Supreme Court (which had heard oral arguments on the legality of the TikTok ban a week prior) decided in a unanimous ruling to uphold the law, writing that the law does not constitute a First Amendment violation and that Congress’ national security concerns are “well-supported.” The court’s…
In December 2024, the median home price in the U.S. declined—but median price per square foot increased by 1.3%. This data comes courtesy of the latest monthly real estate market report from Realtor.com®. The report suggests that current price figures are due to more smaller/affordable listings entering the market, bringing down median price overall but…
The current state of housing affordability in the U.S. has been described in recent reports as bleak and unbalanced, citing low inventory mixed with high home prices and mortgage rates. The latest S&P CoreLogic Case-Shiller Home Price Index showed prices still increasing, but the rate of that increase has continued to slow down month-over-month. In…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Weichert denied dismissal from Gibson case On Dec. 30, 2024, Weichert was denied a dismissal from the commission lawsuit Gibson v. NAR. A copycat case of Sitzer-Burnett, Gibson is also filed in the Western District…
If you’re only talking to people you’ve already done business with, then that could limit or even shrink your network of active business. Read more.
