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Remodeling Demand Is Strong Despite Material and Labor Shortages
October 18th, 2021
Remodeler’s confidence increased in the third quarter, with the NAHB/Royal Building Products Remodeling Market Index (RMI) posting a reading of 87, according to the National Association of Home Builders (NAHB). The NAHB/Royal Building Products RMI survey asks remodelers to rate...
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Corcoran Promoted Ryan Fitzpatrick to Regional VP of Downtown Manhattan
October 21st, 2021
The Corcoran Group, New York City’s top residential real estate brokerage, recently announced that Ryan Fitzpatrick has been promoted to regional vice president of Downtown Manhattan. This strategic role will further support the continued strength of the brokerage’s business across New York...
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NAR Announces 2021 Good Neighbor Award Winners
October 26th, 2021
For 22 years, the Good Neighbor Awards has recognized REALTORS® who make an extraordinary impact on their communities through volunteer work. The five individuals named as this year’s National Association of REALTORS® (NAR) Good Neighbor Award winners serve as an...
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Op-Ed: Comments Regarding the Proposed Change to the IDX Display of Listing Brokerage and Agent Contact Information
October 28th, 2021
I am an active user of the IDX system to generate new business and have been for over a decade. I have significantly invested time, innovation, creativity and money in both my personal real estate website and our brokerage sites...
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FHFA Announces Staffing Changes
November 1st, 2021
The Federal Housing Finance Agency (FHFA) announced three updates to its executive staff. Charles Yi was named as the FHFA’s senior advisor for Legal Affairs and Policy. In addition to advising Acting Director Sandra L. Thompson, Yi will provide expertise, guidance...
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Credit Report Disputes More Common in Majority Black and Hispanic Neighborhoods
November 4th, 2021
The Consumer Financial Protection Bureau (CFPB) recently released research finding that consumers in majority Black and Hispanic neighborhoods, as well as younger consumers and those with low credit scores, are far more likely to have disputes appear on their credit...
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Rocket Companies Releases Q3 Results
November 8th, 2021
Rocket Companies, Inc. announced results for the third quarter of 2021. “We had an excellent third quarter, as we executed on our mission to remove friction from life’s complex moments. Our core mortgage business exceeded the high end of guidance...
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Zillow Sells 2,000 Homes to Controversial Investment Firm
November 10th, 2021
Zillow has reportedly taken the first steps in unloading its unprofitable backlog of i-Bought homes. According to the Wall Street Journal, the real estate giant agreed to sell 2,000 homes to rental investment firm Pretium Partners. After announcing an end...
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FHFA Releases 2022 Scorecard for Fannie, Freddie and CSS
November 22nd, 2021
The Federal Housing Finance Agency (FHFA) released the 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions, LLC (CSS). The purpose of the 2022 Scorecard is to hold the enterprises and CSS accountable for fulfilling their core mission...
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RE/MAX Reports Preliminary Q3 2021 Results
November 26th, 2021
RE/MAX Holdings, Inc. recently announced preliminary operating results for the third quarter ended Sept. 30, 2021. “We achieved record third quarter revenue, Adjusted EBITDA and Adjusted EPS driven by contributions from the largest Independent Region acquisition in our history, broad-based...