The number of bankruptcies rose to 42,000 in September – 43.5% higher than in August and an increase of 60.5% year on year. For the full third quarter, bankruptcies totaled 103,000, up 23% year-over-year, but still 18% below Q3 2019 levels. ICE’s long-term rates, which combine delinquencies and active foreclosures, improved year over year for […]
“This partnership allows us to do what we do best: deliver natural, intuitive voice and AI tools for agents and consumers, while relying on BPP’s Search-as-a-Service RealAPI to power the MLS data layer,” said Justin Lundy, founder and CEO of Lundy Inc., in a statement. “What Dan Troup and his team at Broker Public Portal […]
The index, all items minus the food and energy index, also rose 3% during the twelve-month period ending in September. Taken alone, energy and food rose by 2.8% and 3.1% respectively over the past year. Month-on-month, the gasoline index showed the largest increase in September, up 4.1%. The BLS said this increase was the biggest […]
Total sales of existing homes in September Total sales of existing homes for September, from NAR: An increase of 1.5% existing home sales month-on-month to a seasonally adjusted annual rate of 4.06 million. 4.1% increase in turnover year on year. Based on our Housing Market Tracker data, we noticed a slight increase in demand year-on-year […]
“Chiqui and Edgar bring an exceptional combination of sales expertise, legal acumen, media influence and design vision that sets them apart in the industry,” said Jay Phillip Parker, CEO of brokerage at Douglas Elliman Florida Region and President of Douglas Elliman Development Marketing, Florida. “Their expansion underscores the value of cross-market expertise and the growing […]
I have been involved in federal housing policy for more than 50 years and started my career at the U.S. Department of Housing and Urban Development (HUD) in the 1970s and later served on the staff of the US House Committee on Banking, Finance and Urban Affairs – now the Financial Services Committee – from […]
Akwaboah will continue to oversee Fannie Mae’s COO division. He will work alongside Fannie Mae executives Brandon Hamara and John Roscoe, who have been promoted to the role of co-presidents, according to the release. “With the addition of Peter as acting CEO and John Roscoe and Brandon Hamara as co-presidents, we now have a deep […]
Emerson was joined by Terry Schmidt, CEO of Guild Mortgage; John Hedlund, vice chairman of ICE mortgage technology; and Brian Woodring, chief information officer at Nurez. Emerson acknowledged what he called the “elephant in the room” — industry consolidation — before turning the conversation over to Schmidt, who has been with Guild for 41 years […]
Through the new partnership, HomeSmart agents will have access to training, technology tools, marketing resources and a range of financing options to offer homebuyers. Founded in 2000 in Scottsdale, Arizona, HomeSmart operates a 100% commission-based, full-service brokerage model, supported by proprietary technology. The company has grown to more than 25,000 agents across 250 offices in […]
According to REcore, in accordance with the standards approved by the Ministry of Justice (DOJ) in his Consent Decree from 2008 with the National Association of Real Estate Agents (NAR), the Company does not charge fees for MLS participants who directly contribute to the network effect of the MLS. “Instead, the REcore fee structure requires […]