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Home Price Growth Speeds Up Again in November

USA Real Estate News-RISMedia - Tue, 2024-01-09 14:25

Single-family home prices increased by 5.2% year-over-year in November, the strongest annual growth rate recorded since January 2023, according to a new report from CoreLogic. CoreLogic’s latest Home Price Index for November found that the more affordable areas in the Northeast, South and Midwest posted the strongest home price increases. Many of the nation’s current…

The post Home Price Growth Speeds Up Again in November appeared first on RISMedia.

This Week: Matthew O’Connor to Lead Panel on Using AI to Boost Productivity

USA Real Estate News-RISMedia - Tue, 2024-01-09 13:09

RISMedia is excited to announce that Matthew O’Connor, Chief Operating Officer of Terri O’Connor REALTORS®, will be heading up an industry-leading panel of real estate experts at the 2024 Real Estate’s Rocking in the New Year, the company’s fourth-annual all-virtual conference to be broadcast live this week on Thursday, Jan. 11, 2024.  Click here to…

The post This Week: Matthew O’Connor to Lead Panel on Using AI to Boost Productivity appeared first on RISMedia.

loanDepot Is Latest Lender Hit by Cybersecurity Attack

USA Real Estate News-RISMedia - Tue, 2024-01-09 12:51

loanDepot, one of the nation’s top mortgage lenders by volume, is the latest target of a cybersecurity attack that forced the company to shut down some of its systems Monday, according to an 8-K filing with the U.S. Securities and Exchange Commission. The Irvine, California-based lender said it first became aware of the cyber attack…

The post loanDepot Is Latest Lender Hit by Cybersecurity Attack appeared first on RISMedia.

The real estate agent’s ultimate guide to fair housing

USA Real Estate News-Inman - Tue, 2024-01-09 12:50
Real estate agents play a vital role in creating a fair and inclusive housing market, writes Julia Lashay Israel. By understanding and adhering to fair housing laws, agents contribute to eliminating discrimination and promoting equal opportunities for all individuals.

Rent falls for 3rd straight month, thanks to new inventory

USA Real Estate News-Inman - Tue, 2024-01-09 12:38
The median asking rent fell 0.8 percent year over year during the last month of 2023, according to a new report by Redfin, which attributes the fall to an increase in supply.

Mortgage Delinquencies Remain Unchanged in October

USA Real Estate News-RISMedia - Tue, 2024-01-09 11:44

In October 2023, 2.8% of all mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), unchanged from both last month and last year, according to a new report from CoreLogic. Mortgage delinquencies still remain near the historic low of 2.6% seen in March. According to CoreLogic’s monthly…

The post Mortgage Delinquencies Remain Unchanged in October appeared first on RISMedia.

Housing Inventory Stabilizes in December

USA Real Estate News-RISMedia - Tue, 2024-01-09 11:40

Home inventory, both new and active, appears to be stabilizing, giving positive signs for the housing market in 2024, according to a new report from Realtor.com.  Realtor.com’s Monthly Housing Trends Report for December found that while homebuyers typically avoid big moves during the holiday season, this season saw some positive changes in the market from…

The post Housing Inventory Stabilizes in December appeared first on RISMedia.

Burnett Defendants Demand New Trial, Seek to Overturn $1.8 Billion Verdict

USA Real Estate News-RISMedia - Tue, 2024-01-09 09:33

In a concerted push, defendants in the Burnett case are seeking to overturn the jury verdict delivered back in October that found them liable for $1.8 billion for conspiring to inflate commissions, demanding the judge throw out the judgment, order a new trial or de-certify the class. Keller Williams, HomeServices of America and the National…

The post Burnett Defendants Demand New Trial, Seek to Overturn $1.8 Billion Verdict appeared first on RISMedia.

Rates will continue to fall in 2024, consumers say in record numbers

USA Real Estate News-Inman - Tue, 2024-01-09 09:22
A record number of consumers surveyed by Fannie Mae expect mortgage rates to keep falling, a "significant shift" in expectations that could free homeowners from the so-called "lock-in effect."
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