Why super long mortgages won't be a thing, and why that's good news
Longer loans, including a 50-year concept recently floated in the UK, are sometimes framed as a way to improve housing affordability. But the experts aren't convinced
by Jim Dalrymple II Jul 15
New MLS company will sell data, pay brokers for their listings
REdistribute, a joint venture formed by California Regional MLS and Bright MLS, plans to deliver aggregated MLS data to financial institutions starting in 2023
by Andrea V. Brambila Jul 14
Does a jump in demand fully explain the pandemic housing market?
A new report from the US Federal Reserve suggests it was spiking demand — not a lack of homes for sale — that sent prices skyrocketing over the past 2 years
by Jim Dalrymple II Jul 12
What to know as the bombshell commission case moves forward
The Moehrl suit has class-action status, and after a new ruling it looks like that status is going to stick as a trial looms in the future
by Jim Dalrymple II Jul 9
More than 700 agent steering calls suggest price-fixing, lawyers charge
In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX
4 commission charts that explain both sides of the Moehrl conflict
The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine
It's baaack! Homebuyer commission suit against NAR rises from ashes
On Wednesday, 8 homebuyers filed an amended complaint, once thought to be dead, against NAR, Realogy, Keller Williams and others alleging NAR rules have inflated agent commissions
What happens to buyers' agents if the bombshell lawsuit explodes?
Multiple lawsuits are challenging the way agents get paid. Inman asked experts what that means, and how the future of real estate might evolve as a result of changes to the commission structure
by Jim Dalrymple II Jul 7
'Longstanding conspiracy': Why the bombshell commission suit matters
Millions of homesellers across the country may be able to seek billions in damages for commissions they paid to buyer agents between 2015 and 2020. Here's why it matters
'Radical' and 'doomed': The case against the 'bombshell' Moehrl suit
The real estate establishment's latest salvo against the so-called 'bombshell' buyers' agent case is a sprawling, 3,000-page argument against granting class-action status in the Moehrl federal suit
LGBTQ+ Real Estate Alliance blasts NAR for supporting Anti-LGBTQ candidates
In a 3-page letter on Wednesday the LGBTQ+ Real Estate Alliance called out the Realtor Political Action Committee for supporting anti-LGBTQ candidates as NAR lobbies for LGBTQ rights
by Marian McPherson Jun 30
Pending home sales climb in May following 6 months of declines
But the modest 0.7% increase shouldn't discount clear evidence of a transition spurred by high prices and mortgage rates, according to new data from the National Association of Realtors
by Ben Verde Jun 27
US existing-home sales prices tally new record after topping $400K
Total sales of existing homes, condos and co-ops dropped 3.4% between April and May to a seasonally adjusted rate of 5.4M, according to new data from the National Association of Realtors
by Ben Verde Jun 21
As layoffs continue, Inman revives Talent Pass for Connect New York
With job cuts in the real estate industry continuing, Inman is launching a Talent Pass to provide newly jobless real estate professionals free access to Inman Connect New York in January
by Inman Jun 21
Do layoffs at Compass and Redfin signal a looming real estate purge?
The ranks of the real estate industry have swelled over the past decade, but some experts who spoke to Inman believe a trend in the opposite direction may be picking up speed