news aggregator

Conventional wisdom has held that the housing market slows in the months leading up to a presidential election. However, data over the past three decades show that there’s no notable impact on the housing market in election years.  Could this year be different? So far, the 2024 presidential election cycle has been unusual by many…

The post Do Presidential Elections Impact the Housing Market? appeared first on RISMedia.

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. While mortgage rates reached a 19-month low this week, industry experts cautioned it still isn’t enough to significantly alter a hindered housing market for buyers and sellers, who are still facing over-inflated home prices and…

The post Mortgage Mix: Rates Hit 19-Month Low, but Will That Move the Needle for Buyers and Sellers? appeared first on RISMedia.

U.S. homeowners are showing less interest in taking on second-home mortgages, as elevated prices and economic jitters make these properties less appealing, Redfin reported on Thursday.

Jason Mitchell Group has announced that the Williams Mitchell Group, led by real estate veterans Bryan Mitchell and Shad Williams, have joined the brokerage. With a combined 35 years of experience in the real estate industry, the Williams Mitchell Group stated they will strengthen their operations in Las Vegas and expand into new markets through…

The post Williams Mitchell Group Joins Jason Mitchell Group for Unmatched Growth appeared first on RISMedia.

An influx of high-earning workers and new multifamily units has put Austin developers in a unique position, the Intracorp Homes executive said ahead of Inman Connect Austin.

US Department of Labor sues R.B. Pamplin Corporation and owner to recover millions in retirement funds for pension plan participants  US Department of Labor

Curbio, the Maryland-based pre-listing renovation company that offers pay-later services for home sellers upgrading or repairing their homes, is settling a lawsuit filed by the Attorney General of the District of Columbia that accused the company of violating consumer protection laws through “systematically” deceiving homeowners with its practices and marketing. According to a release from…

The post Curbio Pays $7.5M, Agrees to Practice Changes in D.C. Lawsuit Settlement appeared first on RISMedia.

After upgrading to a larger home in Southampton last year, the "RHONY" alum is selling the Bridgehampton property that she has owned since 2013.

Both real estate practitioners and lawmakers have been stressing inventory as one of the housing market’s major challenges. What changes has 2024 brought? Has supply caught up to demand? The latest Home Building Geography Index from the National Association of Home Builders (NAHB) tracks building rates across the U.S. during Q2 2024. Said rates show…

The post New-Home Construction Highly Concentrated in Small Metros, ‘Core’ Counties appeared first on RISMedia.

Photo by AJ Canaria WASHINGTON, D.C.—Katie Johnson has undoubtedly had one of the toughest jobs in real estate over the past year. As chief legal counsel and chief member experience officer for the National Association of REALTORS® (NAR), Johnson has sat in countless court hearings defending the trade group and its 1.5 million members against…

The post NAR’s Chief Legal Counsel Reveals Path Forward appeared first on RISMedia.

US banks' high-volatility commercial real estate loan balance rises in Q2 2024  S&P Global

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.

Inman's Power Wheels bracket contest rolls on with the top eight best ride options for real estate agents on the move.

Join Inman in Austin for a distinguished gathering of 400 real estate pros to forge meaningful connections in a collaborative environment, and get answers to the most common questions real estate experts are being asked right now.

M&G sees high-end recovery in London’s West End as it strikes deal on prime retail assets  Institutional Real Estate, Inc.

Luxembourg and Dublin’s property booms come at expense of renters  Luxembourg Times

PGIM Hires BGO’s Richard Price to Lead Latin America, Asia and Europe Investments  Commercial Observer

Second Vacation Home Mortgage Demand Drops to 8 Year Low in U.S.  The World Property Journal

REC Europe Borrowing Barometer 2024: Not long left to have your say  Real Estate Capital Europe

Sonam Kapoor’s father-in-law buys this London property for ₹231.47 crore  Hindustan Times