Eales said the U.S. model of cooperation remains the gold standard — but declined to take a stance on NAR's policy. "Beware what you wish for," he said on Wednesday at Inman Connect Austin.

The Mortgage Bankers Association (MBA) and 13 industry stakeholders announced the formation of the CONVERGENCE Collaborative, a coordinated effort to identify and develop solutions to help close the racial homeownership gap. Over the next three years, the CONVERGENCE Collaborative will deploy more than $1 million annually to build on the existing network of location-based CONVERGENCE…

The post Mortgage Companies, Trade Groups Launch New Program to Address Racial Homeownership Gap appeared first on RISMedia.

Inman Connect Austin kicked off with a spirited debate about Clear Cooperation and the disconnect between brokerage leaders and agents over whether to keep it.

Applications for home purchases dipped again this week following mortgage rates moving higher, according to the Mortgage Bankers Association’s (MBA) latest Weekly Applications Survey for the week ending October 4, 2024.  MBA reported that mortgage applications decreased 5.1% from one week earlier, when they dipped 1.3%. Overall applications are still up over this time last…

The post Mortgage Applications Down for Second Week After Slight Uptick in Rates appeared first on RISMedia.

A consumer watchdog filed complaints with California’s Civil Rights Department against 200 firms after an undercover sting found that the vouchers were refused repeatedly across the state.

Above, Hurricane Helene caused a tree to crash on the home of Savannah Pope in western North Carolina (photograph courtesy of Savannah Pope). Savannah Pope and her family are navigating the unknown after furious winds from Hurricane Helene sent a tree crashing through the second story of the roof of their western North Carolina home.…

The post Real Estate Professionals Offer Help, Hope to Hurricane Helene’s Victims appeared first on RISMedia.

Another online space editor means the portal leader continues to focus on helping agents better serve sellers and buyers better grasp the potential of a prospective home.

Above, 851 Wilson Way, Telluride, Colorado listed by Telluride Properties/Forbes Global Properties. Listed as “One of the most stunning residences ever constructed in the Telluride region, including floor-to-ceiling glass, soul stirring views, infinity edge pond and flowing floor plan, creating an immersion in nature like no other home.” Listing price: $22,500,000 and represented by Steve…

The post Forbes Global Properties Announces Merger of Telluride Properties and Telluride Real Estate Corp. appeared first on RISMedia.

Most everyone likes to talk about what they do professionally. Well, maybe not lawyers worried they’ll be cornered for free legal advice. But inquire of people you meet about how they earn a living, and you’ll usually get a positive response. What about your job as a REALTOR®? You know the deal. Anything to turn…

The post REALTOR® Realities: Job Insights From Longtime Pros to Prospective Agents appeared first on RISMedia.

Invesco Real Estate acquires its first data center asset in Europe  Institutional Real Estate, Inc.

PATRIZIA secures strategic repositioning mandate for iconic Pinners Hall in the City of London  Institutional Real Estate, Inc.

What To Do When Your Home Floods  Real Estate

Border to Coast launches UK real estate fund  Funds Europe Magazine

Demand for self storage remains high across Europe, presenting lucrative investment opportunities  Newsroom

With legal and leadership challenges aplenty, what do you see as the most intractable problem for the National Association of Realtors today?

In this exclusive video series on Inman, Windermere’s Principal Economist Jeff Tucker illuminates the latest stats, reports and numbers you should know. This week: The latest employment numbers.

PenSam launches real estate partnership with international player  AMWatch

Abu Dhabi-backed London Square launches luxury UK real estate projects for international investors  Arabian Business

Real Estate in Europe: How Housing Prices Changed in 2024  112.ua

The homeseller suit known as Moratis alleged a West Penn MLS commissions-related rule violates antitrust laws, but unlike a similar NAR rule, the former expressly allows offers of zero dollars.