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Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Pulse is a recurring column where we ask for readers’ takes on varying topics in a weekly survey and report back with our findings. Real estate pros spend so much time giving to others — clients, colleagues and the community, just to start. We know that there’s…

Judge Stephen R. Bough’s ruling that granted final approval to the National Association of Realtors‘ (NAR) commission lawsuit settlement agreement is facing yet another appeal. On Tuesday, Robert Friedman filed an appeal of Bough’s ruling with the Eighth Circuit Court of Appeals. Friedman had previously filed a copycat commission lawsuit in New York in December 2023, but he voluntarily dismissed it a month later. Like Monty March, the lead plaintiff of the other New York-based commission lawsuit, Friedman filed an objection to NAR’s settlement in late October. In his objection, Friedman took issue with the use of a nationwide settlement class.…

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. A year after being acquired by Constellation Software, mortgage tech provider Dark Matter Technologies continues to build its roster of clients after expanding its product lineup and announcing plans to onboard a new CEO in April. Dark Matter — the company carved out of Intercontinental Exchange Inc.’s…

Cyberattacks using gen AI are on the rise, experts warn, and title companies, lenders and real estate firms are all in the crosshairs. On Tuesday, the FBI released a public service announcement warning that bad actors are now enlisting gen AI to commit more sophisticated forms of financial fraud. This is deja vu all over again for many in housing as last year in November Mr. Cooper Group suffered a debilitating data breach, followed by a hack of loanDepot in January that disrupted business for several weeks. CoreLogic‘s 2024 Annual Mortgage Fraud Report reported an 8.3% annual increase in mortgage…

Estate Elite will include premium content from some of real estate’s biggest celebrities, as well as educational courses, playbooks, two weekly live Q&A sessions with experts, networking opportunities, access to live events and more, Inman has learned. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Estate Media, the media company co-founded by luxury Compass agent and Million Dollar Listing…

The Federal Housing Administration (FHA) announced last week that the Home Equity Conversion Mortgage (HECM) limit for 2025 will be $1,209,750. It’s the ninth straight year that the limit will increase based on home-price appreciation levels, which feeds into a single, national limit for all HECM loans. While the increased limit theoretically increases the borrowing power for anyone considering a HECM loan, industry analysts are somewhat split over the potential benefits such a limit would have on the industry in the new year. This is because interest rates remain relatively high even after some moderation. But the new limit is…

California-based proptech leader RealScout has launched the latest addition to its award-winning suite of lead generation tools. The new product, Search Links, enables agents, teams and brokerages to distill popular home search parameters — such as listings under $5 million in Los Angeles or beachfront condos in Miami — into a personalized landing page that consumers can access in one click. RealScout’s platform tracks traffic to the page and generates automated follow-ups to convert visitors to clients. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare…

People wanting to know what to expect from the 2025 housing market have no shortage of economic forecasts from companies in the real estate industry to thumb through. Redfin economists Daryl Fairweather and Chen Zhao are the latest to weigh in. They project home prices to rise by 4% over the course of 2025, with existing home sales clocking in at a range between 4.1 million and 4.4 million. This outlook is a bit more optimistic than the forecast from HousingWire. Conducted by HousingWire Lead Analyst Logan Mohtashami and Altos Research President Mike Simonsen, the forecast projects existing-home sales at…

This report was originally published on Nov. 18, 2024, exclusively for subscribers of Intel, the data and research arm of Inman. Subscribe to Inman Intel for a deeper analysis of the business of real estate. Throughout much of the U.S., the housing market’s trajectory has been simple to describe, at least in broad strokes. New listings and home transactions remain depressed amid a period of stubbornly high mortgage rates, even as signs exist that a slow recovery may be well underway. Inventory levels have been replenishing gradually after years of being stretched thin. This story isn’t about those trends. An Intel analysis…

Recruitment efforts have been a mainstay of The Real Brokerage‘s growth efforts in 2024. And the digital brokerage platform continues to grow this week with another affiliation. Real announced Wednesday the affiliation of ROVI Homes, a brokerage operating in the New England states of Massachusetts, Connecticut and Rhode Island, as well as Sarasota, Florida. Following this move, 150 agents are joining Real’s platform and strengthening its presence in ROVI’s areas. Steve Rovithis ROVI Homes arrived on the scene in 2015. CEO Steve Rovithis founded the company to offer agents and clients alternative methods to “traditional franchise models.” Since then, ROVI…