Inman

Real Estate News for Realtors and Brokers


Existing-home sales drop in March as high rates stun homebuyers
Existing-home sales retreated 4.3 percent between February and March to a seasonally adjusted annual rate of 4.19 million, according to data released Thursday by the National Association of Realtors.

Weeklong BoomTown outage was caused by hackers, CEO confirms
On Wednesday, executives told customers that a "security incident involving a malicious third party" caused the outage that has disrupted thousands of brokers and agents since last week.

Nimble powers up prospecting with PhoneBurner
Nimble, a CRM company, has integrated the features of phone call automation company PhoneBurner to enhance how users stay in touch with clients.

2 buyers scramble to make a deal as the spring market sprints ahead
One Connecticut homebuyer is preparing for marriage. Another in Virginia is healing from a divorce. Both tell Inman the struggle to find a home this spring is real — and the clock is ticking.

Broker Spotlight: Karen Hanson, Engel & Völkers By the Sea
Find out how this award-winning broker combines culture, collaboration and commitment to elevate the profession.

Teams Spotlight: Andrew Warburton, The Warburton Team
Find out how team leader Andrew Warburton and The Warburton Team promote the ideal of homeownership for everyone.

Still standing: Realtor resilience for challenging times
Need a pep talk? Coach Darryl Davis offers a little wisdom to help you remember your value and navigate the difficult waters of client service.

Industry gets some clarity on mortgage commission rules
Fannie, Freddie and FHA say sellers can continue to pay the buyer's agent's commission. But it remains to be seen if buyers will be allowed to finance their agent's commission into their mortgage.

Ex-HGTV star convicted of fraud sentenced to 4 years in prison
Charles "Todd" Hill, 58, starred on "Flip It to Win It" in 2013. He has been ordered to pay $9.4 million in restitution for committing real estate fraud.

Homebuyers rush to lock as mortgage rates hit new 2024 highs
Rates for conforming loans pushed through 7 percent last week and continue to rise, as latest inflation data dims prospects that Fed will ease in June.

Bye bye bye: Leave your team — without losing your connections
Co-founder of The Agency's BZP Group and regular cast member on "Buying Beverly Hills" Joey Ben-Zvi writes that professionalism and respect are essential to leaving the right way.

Floridians grapple with insurance changes as hurricane season nears
Seventy percent of Florida homeowners — or the area in which they live — have been impacted by changes to cost or coverage of home insurance in the last year, according to a report issued Wednesday by Redfin.

Reliance helps South Dakota’s oldest brokerage embrace the new
Real estate software and marketing services firm Reliance built a new website for Hegg Realtors, South Dakota’s most tenured brokerage.

Coastal cities lead as single-family rent growth soars to 10-month high
Rental price growth for single-family apartments surged 3.4 percent in February, with Boston, Seattle and New York City rising fastest among U.S. cities, according to CoreLogic data released Tuesday.

Homebuyers emboldened in wake of $418M NAR settlement: Intel poll
Clients think their agents bring a ton of value, and they're willing to pay for it, according to a survey of 3,000 employed U.S. residents conducted by Intel and Dig Insights. But many consumers embrace the idea of negotiating a lower commission — and perhaps exploring new models.

Jordan Cohen is as ‘blue collar’ as they come, but beloved by LA’s elite
The six-time No. 1 RE/MAX agent worldwide may deal with some of the loftiest stars, but he stays grounded in his work ethic and rarely deviates from a uniform of jeans and tennis shoes.

Pulte objects to Sitzer | Burnett settlements: What’s in it for me?
U.S. homebuilder PulteGroup said it should have been provided with a plan to distribute claims so that it can estimate its recovery amount. But that document doesn't appear to exist.

10 things to do to stay relevant as a real estate agent in 2024
No matter what's going on in the industry at large, everyone has the opportunity to get better, faster and stronger at what they do every day, broker Joseph Santini writes. Here are 10 easy things to focus on now.