Lawsuit Alleges Collusion, Inflated Commissions Among Realtors
A recently filed class-action antitrust suit against the National Association of Realtors, among other major real estate players, could spell a serious shakeup for the industry.
|
Mortgage Originations Drop To 5-Year Low
Despite interest rates sinking to 14-month lows earlier this year, overall mortgage originations dipped over the first quarter of the year-and pretty significantly.
|
Home sales are held up; Baltimore ransomware attack cripples systems vital to real estate deals
The ransomware attack on Baltimore city's government computers has shut down systems essential for completing home sales, putting a halt to property deals during one of the real estate industry's busiest times of year.
|
City unveils ransomware workaround for real estate transactions; recovery for other services may take 'months'
Baltimore's municipal computer networks remain under siege from last week's ransomware attack, but Mayor Bernard C. "Jack" Young today announced a "workaround" for real estate agents and home buyers to complete real estate deals that have stalled for over a week.
|
Most of America's Rural Areas Are Doomed to Decline
Since the Great Recession, most of the nation's rural counties have struggled to recover lost jobs and retain their people.
|
NAR Midyear Highlights: President Trump to Address REALTORS® on Housing Industry
This Friday, President Donald J. Trump will address the National Association of REALTORS® (NAR) during the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C., to discuss the housing industry.
|
Welp: Mortgage originations fall to four-year low in first quarter
Mortgage interest rates fell throughout the first quarter, eventually experiencing the largest single-week decline in 10 years. That decline led some to suggest that a boom in refinances could be on the horizon.
|
Lawsuits over who should pay buyer's agent could upend housing market
The long knives are out again for one of American real estate's oldest and most controversial traditions: requiring home sellers to pay the agents who represent the buyers of their properties.
|
Orange County (CA) Realtor Accused of Scamming $1 Million From Homebuyers
An Orange County realtor is accused of scamming homebuyers and stealing more than $1 million in deposits for properties which California real estate officials say she had no right to sell.
|