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Pending Home Sales See Modest Increase in February

USA Real Estate News-RISMedia - Thu, 2025-03-27 12:59

Pending home sales continued their volatile up-and-down swing pattern in February, rising a modest 2% after falling 4.6% for the month of January. In spite of data that indicates sluggish activity in the historical context, the Midwest and Southern regions saw gains in pending home sales activity. The Midwest index for pendings graded slightly upward…

The post Pending Home Sales See Modest Increase in February appeared first on RISMedia.

Down Payments on Homes Reached a Record High During 2024

USA Real Estate News-RISMedia - Thu, 2025-03-27 12:48

Down payments noticeably increased during 2024, according to the latest findings from Realtor.com—the report states that 2024 saw the highest down payments in the history of this data being recorded. In Q4 2024, the median down payment on a primary residence was $30,250, up from $24,000 in Q4 2021. As a percentage, the average primary…

The post Down Payments on Homes Reached a Record High During 2024 appeared first on RISMedia.

HUD to Require Proof of Citizenship, Permanent Residency to Get FHA-Insured Loans

USA Real Estate News-RISMedia - Thu, 2025-03-27 12:39

The U.S. Department of Housing and Urban Development (HUD) announced Wednesday it will no longer allow non-permanent residents or non-U.S. citizens to obtain FHA-insured mortgages. This significant policy shift aligns with the Trump administration’s tougher stance on illegal immigration. The changes, published in Mortgagee Letter 2025-09 and Title I Letter 490, take effect May 25…

The post HUD to Require Proof of Citizenship, Permanent Residency to Get FHA-Insured Loans appeared first on RISMedia.

Broker Spotlight: Chris Parra, One Caribbean Estates

USA Real Estate News-Inman - Thu, 2025-03-27 12:35
Find out how this international industry leader is driving the growth of the Caribbean luxury real estate market while "setting new standards of achievement for the industry." 

25 unique ways to cut brokerage costs (without killing growth)

USA Real Estate News-Inman - Thu, 2025-03-27 12:21
Every dollar you keep is a dollar you don’t have to chase in sales, Chris Pollinger writes. The best brokerages don’t just earn more — they keep more.

Webinar Recap: How to Leverage AI for More Efficient Revenue Generation

USA Real Estate News-RISMedia - Thu, 2025-03-27 12:03

In the latest RISMedia webinar—“How to Leverage AI for More Efficient Revenue Generation”—panelists Carrie Soave, REALTOR® at eXp Realty; Robert Lucido, chief strategy officer of Lucido Global, CEO of Lucrativ and director of Moxie Mortgage; and Brian Hoialmen, chief strategy officer of Lofty, discuss the importance of AI in enhancing agent productivity, optimizing brokerage operations…

The post Webinar Recap: How to Leverage AI for More Efficient Revenue Generation appeared first on RISMedia.

CoStar makes ‘best and final’ $1.8B offer for REA Group rival

USA Real Estate News-Inman - Thu, 2025-03-27 11:51
CoStar Group is one step closer to purchasing Australia's second-largest real estate classifieds firm, Domain. Australian newspapers reported that CoStar founder and CEO Andy Florance spent several days in Sydney with Domain's owners.

How Are First-Time Buyers Faring as Mortgage Rates Hold Steady?

USA Real Estate News-RISMedia - Thu, 2025-03-27 11:41

Mortgage rates ticked down a little this week as experts point to ongoing stability in rates being a plus for some buyers, while still presenting challenges to first-time buyers. The latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.65%, down slightly from last week’s average…

The post How Are First-Time Buyers Faring as Mortgage Rates Hold Steady? appeared first on RISMedia.

Op-Ed: Keeping Up With the Joneses

USA Real Estate News-RISMedia - Thu, 2025-03-27 11:19

Is anyone Keeping Up With the Joneses anymore? The popular phrase, coined by a comic strip of the same name created by Arthur R. “Pop” Momand in 1913, refers to the phenomenon associated with people comparing themselves to their neighbors and striving to maintain a similar lifestyle—often accompanied by acquiring material possessions to appear equally…

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Pending home sales tick up as buyers make cautious comeback

USA Real Estate News-Inman - Thu, 2025-03-27 10:58
The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year.

Sellers, MLS PIN slam DOJ claims in Nosalek case: ‘DOJ is simply wrong’

USA Real Estate News-Inman - Thu, 2025-03-27 09:54
Plaintiffs and defendant MLS Property Information Network agree that approximately 75 percent of sellers are opting out of offering compensation to buyer agents in the multiple listing service.
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