Homeowners living in predominantly Black and Hispanic neighborhoods are paying hundreds—even thousands—more per year for the same homeowners insurance coverage as homeowners in white neighborhoods, according to a new research report from the Consumer Federation of America (CFA). The nonprofit research and advocacy group found that the average cost of homeowners insurance rose by 24%…

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In May, housing construction starts bottomed-out to a six year low, according to the U.S. Census Bureau, attributed to ongoing challenges such as construction costs and high mortgage rates triggered by rising inflation. The newest monthly update, however, shows a recovery—for at least one sector of the housing market. The latest monthly new residential construction…

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Editor’s note: this is the first of a two-part series on AI recommendations for agents. Look for part two in the coming days. When a prospective buyer asks someone they trust who is the best real estate agent to help them transact, you want your name to be the first one mentioned. What happens when…

The post AI Recommended These Agents. We Asked Them Why—And Whether It Matters appeared first on RISMedia.

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Above: Rob Wolf. You may have heard Brazilian Jiu-Jitsu described as “the gentle art.” A more accurate description is involuntary yoga—or the art of folding clothes while people are still wearing them! I started my Brazilian Jiu-Jitsu journey later in life. I’m the oldest person in my gym by over 20 years. But that’s the…

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In yet another major escalation in its effort to re-shape the foundations of real estate, Compass filed a cascade of state-level ethics complaints Tuesday through 30 Realtor associations, at least 50 MLSs and real estate regulators across 26 states, targeting Zillow and focusing on allegedly misleading property designations on listings. A source with direct knowledge…

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The last time Google dipped a toe into real estate search, it walked away. Now, it’s going all in.  The search giant announced it was expanding its real estate listings pilot to all 50 states this summer, powered by a partnership with data firm HouseCanary. As more brokerages and MLSs sign on to the initiative…

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Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. Successful social media content in today’s real estate landscape can sometimes take a bit of effort. Once you perfect your script, shoot your video, edit your post and…

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Mega-franchisor Keller Williams announced today that it has acquired ascendant independent brokerage the Jason Mitchell Group (JMG), in yet another significant brokerage consolidation—this time between two companies with similar business models and priorities. After operating under My Home Group in Arizona, JMG went independent in 2019 and grew swiftly, ranking 36 in the nation in…

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A federal judge has denied a joint bid by the Federal Trade Commission (FTC) and a coalition of states to win early rulings on core questions in their antitrust case against Zillow and Redfin—leaving disputes over how the market is defined and whether the companies’ $100 million deal is illegal to be resolved at trial.…

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