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KW mega team Livian expands reach in New England with merger

USA Real Estate News-Inman - 4 hours 19 min ago
Keller Williams' two top-performing teams in New England have merged, according to a joint announcement on Wednesday. Connecticut-based The Miale Team has joined Livian, the Vermont-based mega team that Keller Williams purchased an ownership stake in last October.

Price gains in ‘opportunity zones’ keep pace with national hikes

USA Real Estate News-Inman - 4 hours 58 min ago
Census tracts chosen for preferential tax treatment in 2017 tax bill are seeing prices rise, have attracted buyers priced out elsewhere.

Love connection: Homebuyer match app expands into 2nd market

USA Real Estate News-Inman - 6 hours 2 min ago
LandOnEarth, an app that matches homebuyers with listings based on their lifestyle preferences, aims to match buyers with their dream home faster.

The broker’s dilemma: ‘What if I train them and they leave?’

USA Real Estate News-Inman - 6 hours 26 min ago
A solid training and development program is quite likely to improve retention, as well as attract new talent, according to broker Jay Thompson. Although you may lose someone occasionally, you’re also going to have happier, more satisfied agents — as well as clients — working for and with you.

Open offer platform Doorsey kicks in the Nashville market

USA Real Estate News-Inman - 7 hours 41 min ago
Auction-style homebuying platform Doorsey has officially opened another market with its second sale in Nashville, Tennessee.

Reformers See Opening to Address Racist Appraisals

USA Real Estate News-RISMedia - 7 hours 51 min ago

It is not often that you can so easily capture hundreds of years of racial discrimination in the view from one street. But in the city of St. Louis, Missouri, along a line called the Delmar Divide, it barely takes a glance.

Buzzing 2021 Market Helps Real Estate Companies Join the Fortune 500

USA Real Estate News-RISMedia - 7 hours 52 min ago

Coming off one of the best years in real estate history, several companies that capitalized on 2021’s tailwinds made their way onto the 2022 Fortune 500.

The list, released Monday, ranked companies by their revenues in their fiscal year of 2021, with a threshold of $6.4 billion—up 19% from the year prior. It was a strong-showing year for tech-focused real estate companies such as Zillow, Opendoor and Compass, which debuted on this year’s list.

Mortgage Applications Drop Again This Week

USA Real Estate News-RISMedia - 7 hours 53 min ago

Mortgage applications decreased 1.2% from one week earlier, according to this week’s Mortgage Applications Survey from the Mortgage Bankers Association (MBA). The drop marks a second week of declines after several consecutive gains in the 2% range, indicating that rising rates, economic uncertainty and continued low inventory may be putting a longer-term damper on both refinancing and new mortgages.

Home Sellers Are Looking Out of Town for Next Home in 2022

USA Real Estate News-RISMedia - 7 hours 54 min ago

As affordability challenges continue to strain the pool of prospective buyers, new data from® indicates that relocating is growing in popularity among house hunters looking to move out and up.

While inventory constraints continue to weigh on the spring market, a May 24th survey showed that buyers continue to be squeezed out of the market as elevated inflation and climbing home prices influence their home searches and buying patterns.

Zillow Lists Top Markets for 2022 So Far

USA Real Estate News-RISMedia - 7 hours 55 min ago

Before a buyer can even consider which home they want to buy, they must first decide what type of neighborhood they want to live in. According to research conducted by Zillow, the types of neighborhoods that buyers prefer is changing. Market gauging of buyer interest has caused a reversal of the norm, where during Q1 2022, the values of suburban homes grew faster than the value of urban area homes.

Key findings:

Keller Williams’ lending arm, Keller Mortgage, posts new round of layoffs

USA Real Estate News-Inman - 9 hours 12 min ago
The scale of the latest round is unclear, but more than a dozen Keller Mortgage employees posted notices on LinkedIn Tuesday that they'd been laid off, with some describing the cuts as "huge."
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