Above: Leo Pareja and Todd Denman Teams have a lot of reasons to change their affiliation. They also have a lot of reasons not to. As 2025 increasingly becomes the year of consolidation, big companies are scrambling to recruit high-producing teams amid a general shuffle of power and priorities across the real estate landscape—moves that…
As the government shutdown limits activity in many markets, mortgage applications continue to drop for the second consecutive week, aligning with projections stating that October would see less demand and less competition between homebuyers. The Mortgage Bankers Association (MBA) reports that the market composite index—the measure of mortgage loan application volume—decreased 4.7% on a seasonally…
The post-settlement period in real estate might be remembered as the era of consolidation, at least based on 2025’s headlines. Along with many smaller buyouts, the purchase of consumer portal and discount brokerage Redfin by mortgage giant Rocket, and Compass’s (still pending) deal to take over Anywhere are somewhat unprecedented, at least since the post-Great…
Above, from left: Helen Hanna Casey, Terrie O’Connor, Sherry Rahnama and Carol Bulman. Photo by AJ Canaria. As more women rise to executive roles across the real estate industry, the conversation is shifting from breaking barriers to building what comes next. During an insightful panel titled “We Broke the Glass Ceiling – Now What?” at…
At the September Federal Open Market Committee (FOMC), where interest rates were cut by 25 basis points, newly appointed Federal Reserve Governor Stephen Miran dissented and voted for a larger interest rate cut of 50 points. Miran has since called for further rate cuts. Today, at a moderated interview at the Managed Funds Association’s Policy…
In 2024, the median price for a single-family home in the United States grew to five times more than the median household income, as reported by the Joint Center for Housing Studies of Harvard University. In 2019, this ratio had median prices at 4.1 times higher than median household income; in the 1990s, the ratio…
The post Home Prices Reach Five Times Higher Than Median U.S. Income appeared first on RISMedia.
Yesterday, federal Judge Jeannette Vargas of the Southern District of New York ruled on a petition by Zillow regarding the deal for Anywhere, allowing the portal giant to examine documents and communications in an attempt to determine if Compass misrepresented its reliance on private listings. Vargas denied a request by Zillow to question Compass CEO…
Borrower activity is typically projected to increase during the fall, especially the months of September and October. Realtor.com® researchers predict that this year’s “best time to buy” would begin next week, from Oct. 12 to 18. But mortgage applications have slowly begun to reduce in volume after a short-lived spike caused by the Federal Reserve’s…
The California FAIR Plan, which provides basic fire insurance to California property owners unable to obtain private insurance, has filed a proposal to increase insurance rates by 35.8%. If approved, this rate hike would begin April 1, 2026, making it the program’s largest rate increase in seven years. The California FAIR Plan alone only covers…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. FTC sues Zillow and Redfin, with states following the lawsuit lead On Sept. 30, the Federal Trade Commission (FTC) filed a lawsuit against listing portals Zillow and Redfin over an alleged anticompetitive agreement. The $100…
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