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U.S. Home Sales Jumped 9.5% in February - WSJ  The Wall Street Journal

Seattle-based brokerage Redfin has expanded its commission-based payment model, Redfin Next, to agents in Chicago, Connecticut, Dallas, Miami, New York, Palm Beach and Washington, D.C. Redfin execs said Redfin Next will help them navigate market "ups and downs," including the NAR settlement.

It's 38% more expensive to buy a house than rent in US, analysis finds  ABC News

It's time to be honest about America's commercial real estate hangover  Financial Times

Housing Market Predictions For 2024: When Will Home Prices Be Affordable Again?  Forbes

After two consecutive weeks of declines, mortgage rates are back on the rise this week, up to 6.87% from last week’s average of 6.74%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday.  This week’s numbers: The 30-year FRM averaged 6.87% as of March 21, 2024, up from last week…

The post Mortgage Rates Tick Up, Nearing 7% appeared first on RISMedia.

The Leading Economic Index (LEI) increased by 0.1% in February to 102.8, marking the first time in two years the business-cycle monitor showed an uptick, thanks in part to residential construction, according to the latest release from The Conference Board.  According to the latest report, the increase follows a 0.4% decline in January. Over the six-month…

The post Residential Construction Helps Drive First Leading Economic Indicators Upswing in Two Years appeared first on RISMedia.

A Sydney listing agent accidentally burned down her client's $3 million home. Five years after the accident, her broker has been ordered to pay $850K in damages.

Watch the first trailer for the London version of Selling Sunset  Yahoo News UK

Existing-home sales were on the upswing in February, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 3.3 percent year-over-year from 4.53 million in February 2023 to a seasonally adjusted annual rate of 4.38 million. Although sales failed to break out of an annual slump, they rose 9.5 percent from January — marking the most significant monthly gain in a year.

ChatGPT answered questions about the value a real estate agent has and about how real estate commissions work. Do you agree with its answers?

Existing-Home Sales Surge In February  Bankrate.com

Kaplan’s new Buyer Agency Professional course aims to help buyer agents negotiate the ways they are compensated.

Will house prices keep falling in 2024? - Times Money Mentor  The Times

Short sellers up their wagers against US commercial real estate again  The Edge Malaysia

IPM Monthly Blog – Edition March 2024: Our monthly insights into private markets  IPE Reference Hub

Existing-Home Sales Vaulted 9.5% in February, Largest Monthly Increase in a Year  National Association of REALTORS®

Short Sellers Raise Bets Against Offices as Fund Managers Grow Concerned  Bloomberg

Värde provides €70m refinancing for mixed-use portfolio in Ireland  Real Estate Capital Europe

VIDEO: Valesco Boss Shiraz Jiwa Reveals Plans for London Student Homes Investment Drive  CoStar Group