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This is your local real estate center. Do you know someone who is looking to move into the neighborhood? If so, this is the place to look! Below are homes that are currently listed for sale or have recently sold within the neighborhood by REALTORS participating in the Multiple Listing Service (MLS).

Real Estate Trends
RISMedia

Employee at Center of CoStar/Realtor.com Legal Conflict Put on Paid Leave

In a court filing July 23, CoStar Group has asked a judge for an order for expedited discovery in its legal conflict with realtor.com parent Move, Inc. Included in the filing is that James Kaminsky, the CoStar employee formerly employed by Move, who Move claims improperly accessed proprietary information to be used by CoStar, has…

The post Employee at Center of CoStar/Realtor.com Legal Conflict Put on Paid Leave appeared first on RISMedia.


JPAR® – Real Estate Announces Enhanced Agent Revenue Model

JPAR® – Real Estate announced a significant reduction in its cap fee model, effective immediately.  JPAR stated that the reduction in cap fees, from 23 to 16 sides—the lowest since 2016—is particularly beneficial for agents committed to their real estate careers, as it reduces agent transaction fees to less than $10,000 annually. This initiative provides…

The post JPAR® – Real Estate Announces Enhanced Agent Revenue Model appeared first on RISMedia.


Rent Prices Continue to Decrease, but Remain Elevated

Rent prices continued to drop for the 11th straight month this June, according to the latest data from Realtor.com®. Despite continued decreases, however, rents remain elevated from the pre-pandemic levels of 2019. Realtor.com’s Rental Report for June found that overall rents decreased by 0.4% to $1,743—0.6% ($11) below the August 2022 peak. Breaking down the…

The post Rent Prices Continue to Decrease, but Remain Elevated appeared first on RISMedia.


Despite Drop in Rates, Mortgage Applications Decreased This Week

Despite the most recent drop in average mortgage rates, mortgage applications decreased this week, down 2.2% from last week’s 3.9% uptick, according to the latest Weekly Applications Survey from the Mortgage Bankers Association (MBA) for the week ending July 19, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume,…

The post Despite Drop in Rates, Mortgage Applications Decreased This Week appeared first on RISMedia.


New-Home Sales Fall Below May Rate, as Fed Rate Cuts Loom

Sales of single-family homes in June were 0.6% below the May rate of 621,000, reaching a seasonally adjusted rate of 617,000, according to data released by the U.S. Census Bureau and the Department of Housing and Urban Development. This is significantly below—7.4%, specifically—June 2023’s estimate of 666,000 new-home sales. Spencer Hakimian, founder of Tolou Capital…

The post New-Home Sales Fall Below May Rate, as Fed Rate Cuts Loom appeared first on RISMedia.


CoStar Says Homes.com Is ‘Fast Approaching’ Zillow in Traffic

CoStar Group, the commercial real estate heavyweight that is making waves in residential spaces, announced in an earnings call July 23 that revenue for the quarter ended June 30, 2024 was $678 million, up 12% over revenue of $606 million for the quarter ended June 30, 2023. Net income was $19 million in the second…

The post CoStar Says Homes.com Is ‘Fast Approaching’ Zillow in Traffic appeared first on RISMedia.


Navigating the Changing Landscape

Above, Dave Karoly Dave Karoly Vice President of Sales & Operations, REALTOR® Lamacchia Realty Waltham, Massachusetts https://www.lamacchiarealty.com  Region served: New England and Fort Lauderdale Years in real estate: 17 Number of offices: 17 Number of agents: 600 Best tip for getting the right listing price: Stop telling sellers the price. Instead, provide the guidance so…

The post Navigating the Changing Landscape appeared first on RISMedia.


News for Homebuyers and Sellers
Inman News

Broker Spotlight: Peggy Olin, OneWorld Properties
Learn how this South Florida luxury and pre-development specialist forges strong professional partnerships and creates a collaborative environment.
Expect more guidance from NAR — but fewer rules: CMLS CEO Evans
CMLS CEO Denee Evans revealed why she believes NAR will choose not to create new MLS rules over the next six to 12 months ahead of her appearance next week at Inman Connect Las Vegas.
Demystifying KPIs and essential marketing metrics
Embracing data-driven strategies is no longer optional — it's essential, new Inman contributor Tara Meier writes. Make it your mission to understand how these insights can guide your decisions and ongoing processes.
11 more things you should know before going into luxury real estate
Discover essential insights for aspiring luxury real estate agents with Chris Pollinger of RE Luxe Leaders. Master market knowledge, build strong networks, leverage sophisticated marketing and provide exceptional client service to thrive in the high-stakes world of luxury real estate.
Teams Spotlight: Randy Dyck, eXimus Real Estate Team
Find out how this farmer's son built a real estate business that's focused on giving back and leading with a servant's heart.
EXp not ‘doing broker-to-broker compensation’ — with caveats
A much-discussed listing agreement update reflects upcoming NAR rules, but doesn't bar sellers from offering compensation to buyers' agents.
Cornerstone staffs up to grow servicing, builder partnerships
Seven executive hires in 2024 include Dana Abernathy, who will expand the company's servicing operations, and Mike Iorio, who is tasked with growing homebuilder partnerships.

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