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With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth.

The Leading Economic Index (LEI) fell 0.3% in March to 102.4, a reverse from February’s slight increase, according to the latest release from The Conference Board. March’s LEI is down 2.2% over the six-month period between September 2023 and March 2024—down from its 3.4% contraction over the previous six months. February’s 0.2% increase was the…

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Better Homes and Gardens Real Estate The Platinum Collective, based in Newcastle, Oklahoma, is the latest firm to join the lifestyle real estate brand. The white-glove full-service company assists clients in a wide range of real estate transactions, including assistance with luxury residential listings, ranch and rural properties, new construction, commercial sales, land sales and…

The post Oklahoma Brokerage Affiliates with Better Homes and Gardens Real Estate appeared first on RISMedia.

Above, John Coake. Last fall, Compass acquired Realty Austin and Realty San Antonio—a boutique firm with four offices boasting two decades of familiarity and success in their respective Texas markets. According to John Coake, the newly acquired company’s head of sales and broker associate, the move provides a unique opportunity.  “Joining Compass has elevated our…

The post Setting the Stage for Smoother Real Estate Transactions appeared first on RISMedia.

Frustrated and anxious about economic conditions? Trainer Bernice Ross writes that, instead of waiting for change, agents can move forward with confidence by following these strategies.

Kari Watkins, Chris Fleming and Donna Weaver were forever changed by the April 19, 1995, Oklahoma City bombing. Twenty-nine years later, they reflect on life since.

Inflation. Interest rates. Inventory shortage. Add to that a court decision that found major real estate players guilty of price fixing—along with the contagion of copycat lawsuits that ensued—and 2023 goes down as potentially the most trying year in the history of residential real estate.  Plagued by a post-pandemic housing recession that is stretching into…

The post RISMedia’s 2024 Power Broker Report: Continued Pain, Then Hopes of Gain appeared first on RISMedia.

BoomTown ROI, a real estate proptech company, confirmed Thursday that the cause of a multi-day system outage affecting potentially thousands of real estate professionals, was a system-wide hack from a malicious third-party source that began on April 10. The company, which provides real estate management software including IDX websites, lead generation and management and CRM…

The post BoomTown Confirms System-Wide Hack by Third-Party appeared first on RISMedia.

In a mixed bag for housing, mortgage applications for new homes jumped in March, while new-construction sales simultaneously fell amid affordability woes, according to the Mortgage Bankers Association (MBA). Mortgage applications for new-home purchases rose 6.2% in March compared to the same period last year, according to data from the MBA’s Builder Application Survey (BAS).…

The post New-Home Mortgage Applications Jump in March Despite Fewer Sales, MBA Reports appeared first on RISMedia.

There's been a heapin' helpin' of new developments in the commission lawsuits. Here's how to pivot and  be ready for whatever comes next.

The reality TV star has left the Eklund Gomes Team at Douglas Elliman to start the Erin + Alex Team at Compass with the firm's Alexandra Hedaya. The team will operate in New York, the Hamptons and Florida.

Inside the 12 US metros where homes are 'perennially slow' to sell  Daily Mail

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

With new clients including USA Mortgage and New American Funding, Matic says it's doing business with more 100 mortgage lenders and servicers that together process 20 percent of U.S. home loans.

AI, green building and energy transition, and property and transaction management solutions are still seen as stable investments by VC firms, recent reports show, despite an overall decline in investments in proptech.

Residential Property Sales Dip Across America in March  The World Property Journal

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

Florida ban on Chinese buying property goes to U.S. appeals court  Nikkei Asia

Richest person in Asia, Mukesh Ambani, owns $71M London estate he purchased over a call  Supercar Blondie

Arkansas Teacher backs Carlyle's US opportunistic real estate fund  IPE Real Assets