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Barbara Corcoran’s ‘golden rule’ of real estate investing
The November 2023 Luxury Market Report
While there is little doubt that the current luxury market is facing challenges, we investigate the slight shift in some of the market’s variables that could be the key to market growth in the future. We acknowledge that during the last year the expectations and reactions of buyers and sellers have become so entrenched in…
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Not-yet-developed Dubai penthouse sells for $136M
FHFA Announces Conforming Loan Limit Values for 2024
The baseline conforming loan limit (CLL) for most U.S. mortgages backed by Freddie Mac and Fannie Mae in 2024 has increased from $726,200 to $766,550, an increase of $40,350 or 5.56% from 2023, according to the annual release by the Federal Housing Finance Agency (FHFA) this past Tuesday. The Housing and Economic Recovery Act (HERA)…
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New State-Level Commission Suits Target Smaller Brokerages
Another week, another commission lawsuit (or three). As bigger, national lawsuits continue to move slowly through the courts, attorneys in three states have decided to emulate the plaintiffs in Burnett, and bring very similar claims—that REALTOR® associations are conspiring with big brokerages to inflate commissions—to their regions. The Burnett case, which saw a jury award…
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NAR enrollment fell in 2023. Here’s where membership rose — and why
My lunch with legendary investor Charlie Munger, and what I learned
NAR Opens Applications for 2024 REACH Program
Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, opened applications today for the 2024 U.S. REACH technology growth program. Applications for the U.S. REACH Commercial program will open in March 2024. The U.S. REACH program focuses on solutions supporting the residential real estate sector, including innovations from adjacent industries such…
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The Housing Markets That Will Dominate 2024
As 2023 is coming to a close, there’s a lot of predictions up in the air for what the housing market is going to look like in 2024. Will mortgage rates come down? Will prices? Will the market crash? There’s a lot of questions, but one of the biggest is what markets are going to…
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‘The math isn’t mathing’: Girl Math for real estate agents
Mortgage Applications Continue to Rise
Mortgage applications increased for the fifth straight week, raising 2.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Dec. 1, 2023. Last week’s results include an adjustment for the observance of the Thanksgiving holiday. The numbers: The Market Composite Index, a measure…
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Buckle up for the 2024 portal war
U.S. Mortgage Applications Increase in Late November as Rates Moderate - The World Property Journal
Black Knight awarded $155.2M in PennyMac trade secrets lawsuit
Speculative office construction starts rise in central London, new research shows - Evening Standard
