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Who’s out: The brokerages not covered in the NAR settlement

Mar 20, 2024

More than 90 brokerages would not be covered under the $418 million deal, though most have the option of buying in.

Landlords pull plug on renter incentives ahead of spring

Mar 20, 2024

While incentives are still an integral part of the new-home market, they're falling out of popularity in the rental segment as demand — and competition — strengthens. The number of Zillow rental listings with concessions has struggled, going from 32.7 percent in December to 31.9 percent in January. The concession rate jumped 5.6 percent year over year to 32.2 percent in February; however, it marks the slowest annual growth pace since June 2023.

In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat

Mar 20, 2024

The key policy item for first-term Mayor Brandon Johnson would have raised an estimated $100M through a tax hike on real estate sales.

Trump son-in-law Kushner pursues overseas real estate deals

Mar 20, 2024

Jared Kushner, husband of Ivanka Trump, is pursuing deals in Albania and Serbia even as his father-in-law runs for president. Some observers say the situation raises red flags.

Rising mortgage rates threaten to curtail spring homebuying

Mar 20, 2024

After two consecutive weeks of rising demand, applications for purchase mortgages dropped by a seasonally adjusted 1 percent last week compared to the week before, and 14 percent from a year ago.

RESAAS ‘coming soon’ listings can now be found on Zillow

Mar 20, 2024

Customers of real estate software company RESAAS can now opt in to having listings published as “coming soon” on industry-leading search portal Zillow.

Challenge to New York property tax system moves forward

Mar 20, 2024

An appeals court issued a ruling on Tuesday stating that a lawsuit challenging New York's property tax system was mistakenly dismissed

Bess Freedman says Trump is too late to sell Mar-a-Lago for bond

Mar 20, 2024

Mar-a-Lago may be worth hundreds of millions, the Brown Harris Stevens CEO said, but there's certainly not "enough time" to offload it by Monday when Trump's $454 million bond is due.

After the NAR settlement, 5 keys to buyer relationship marketing

Mar 20, 2024

Agents who see the changes coming and adapt to the new reality by cementing their relationships will be in a position to seize the day as market winds shift, mega-team leader Carl Medford writes.

Take the Inman Intel Index survey for March

Mar 20, 2024

The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey today.

How commission chaos divided the real estate industry into 4 factions

Mar 20, 2024

The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward.

Before NAR settlement, headcount hopes were losing steam: Intel

Mar 20, 2024

Most brokerage leaders in February still expected to be better-staffed this time next year, the Intel Index found. But that optimism was weakening even before NAR's $418M settlement Friday.