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Fathom Realty has more agents, fewer Q1 sales than a year ago

USA Real Estate News-Inman - Thu, 2024-05-09 17:53
CEO Marco Fregenal says the flat-fee brokerage is making progress toward achieving 2024 goals despite seasonality and broader industry challenges driving a $5.9 million Q1 net loss.

UWM hiring ‘hundreds’ as mortgage originations surge 24%

USA Real Estate News-Inman - Thu, 2024-05-09 16:42
Q1 net earnings of $180.5 million were boosted by the sale of $70 billion in mortgage servicing rights (MSRs) and a $141 million markup in the value of the $230 billion in MSRs UWM retained.

Lori McCarthy on Being a Mentor and Preparing for a New Way to Do Business

USA Real Estate News-RISMedia - Thu, 2024-05-09 15:40

Lori McCarthy, managing broker of the recently Compass-acquired Latter & Blum in Lafayette, Louisiana, has made recruitment and community involvement priorities in her business. She serves on her local REALTOR® association board and is a member of the Young Professional Network, which provides guidance to rookie REALTORS®. RISMedia touched base with McCarthy for the latest…

The post Lori McCarthy on Being a Mentor and Preparing for a New Way to Do Business appeared first on RISMedia.

The LGBTQ+ Real Estate Alliance Publishes Fourth Annual Report

USA Real Estate News-RISMedia - Thu, 2024-05-09 15:21

The 4,000-member strong LGBTQ+ Real Estate Alliance has published its fourth annual LGBTQ+ Real Estate Report. The report details how, as the Baby Boomer generation reaches retirement age, 70% of aging Alliance members believe LGBTQ+ face harder challenges in finding post-retirement homes. Highlights: A plurality (35.3%) of aging Alliance members (aged 65+) expect to retire…

The post The LGBTQ+ Real Estate Alliance Publishes Fourth Annual Report appeared first on RISMedia.

Legal Considerations for Unmarried Couples Buying Property

USA Real Estate News-RISMedia - Thu, 2024-05-09 15:17

Buying a property together is a significant step for unmarried couples. This decision involves unique legal considerations and requires careful planning. I will provide critical property laws for unmarried couples, including title considerations, mortgage qualifications and protective measures for individual investments. As someone who has been selling real estate for a very long time, it…

The post Legal Considerations for Unmarried Couples Buying Property appeared first on RISMedia.

Report reveals struggle LGBTQ+ buyers face after retirement

USA Real Estate News-Inman - Thu, 2024-05-09 14:51
An LGBTQ+ Real Estate Alliance survey has revealed the challenges of retirement for LGBTQ homeowners, who worry about safety and acceptance more than their straight counterparts.

More US mortgages are ‘seriously underwater’ as equity dwindles

USA Real Estate News-Inman - Thu, 2024-05-09 14:17
The share of seriously underwater mortgages moved up slightly from 2.6 percent to 2.7 percent in the first quarter, according to a report from Attom released Thursday.

Redfin CEO trying not to ‘count chickens’ after solid Q1 earnings

USA Real Estate News-Inman - Thu, 2024-05-09 13:57
A solid Q1 earnings report has Redfin CEO Glenn Kelman feeling confident. However, persistent market headwinds are keeping the CEO from being too bullish.

Judge Approves Seller Settlements, With Limited Buyer Protections

USA Real Estate News-RISMedia - Thu, 2024-05-09 13:10

Judge Stephen R. Bough gave his final approval today to settlement agreements struck by big brokerages in class-action commission lawsuits, granting broad immunity from claims by sellers that these companies conspired on rules that inflated real estate compensation at the expense of consumers. The ruling does not include a settlement struck by the National Association…

The post Judge Approves Seller Settlements, With Limited Buyer Protections appeared first on RISMedia.

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