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President Trump Proposes Banning Institutional Investors from Buying Single-Family Homes
In a post on Truth Social, President Donald Trump claimed the American Dream of homeownership is slipping out of people’s reach, “especially younger Americans.” “It is for that reason, and much more, that I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress…
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Trump seeks to ban institutional investors from buying single-family homes
The president's announcement was made against the backdrop of high inflation, which Trump blamed on former President Biden and Democrats in Congress.
Top Texas Team Launches Independent Brokerage After 16 Years With Keller Williams
Above, Kasey Jorgenson Round Rock, Texas-based Jorgenson Group is officially launching Jorgenson Real Estate, an independent brokerage, after 16 years operating within Keller Williams Realty (KWR), founder Kasey Jorgenson announced. The move marks a strategic shift for the Central Texas team, which has operated at scale for more than a decade and is positioning itself…
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Referrals you never see coming: The lesson every agent needs
You’re never speaking to just one person. You’re speaking to their entire unseen network, Jeff Sibel writes. Real estate rewards long-term relationships more than short-term commissions.
Zillow Disputes Study Claiming it Overcharges Consumers as Author Defends Conclusions
A recent academic study analyzing Zillow Home Loans (ZHL)—funded by the portal’s rival, CoStar—offers a new analysis of how Zillow’s policies and practices allegedly affect consumers, on the heels of a class-action lawsuit claiming the company is violating antitrust laws through mortgage referrals. The aforementioned lawsuit put Zillow in the hot seat by alleging the…
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CoStar plans to slash spending on Homes.com through 2030
After investing heavily to create a fourth competing major real estate search portal, CoStar said Wednesday that it would cut spending on Homes.com by 35 percent this year.
Leafy but not smug, fun not rowdy, cool not edgy: this south London area has it all - London Evening Standard
Leafy but not smug, fun not rowdy, cool not edgy: this south London area has it all London Evening Standard
Newrez bets on AI with strategic investment in startup HomeVision
The top five lender and loan servicer says it's already using HomeVision's AI technology to evaluate collateral and will expand its capabilities to create an automated end-to-end underwriting platform, including income, assets and credit.
Mortgage Market Gives Mixed Messages Over the Holidays
While mortgage rates dropped to their lowest level since September, applications for home purchases were down nearly 10% from two weeks prior. Despite the mixed trends, mortgage watchers expect rates to remain at current levels with periods of increased refinances. According to the latest Mortgage Bankers Association (MBA) report, the Market Composite Index—the measure of…
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The Buyer Experience: Looking Back and Looking Forward, Part 2
Editor’s note: In this two-part series, we take a look at how the buyer experience differs today from past years. Part 1 was a look back at how the process evolved to where it is now. Here, we review how tech has impacted everything, and the skills required to serve luxury-market clients. Information overload. The…
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A Texas couple promised a ‘Chip and Joanna Gaines vibe.’ Instead they stole nearly $5M
Chris and Raquelle Judge earned $4.8 million from renovation projects they didn't complete, leaving some clients out of more than six figures in costs.
CENTURY 21 Expands Connecticut Presence With Affiliation of 53-Year-Old Bette Family Brokerage
Above, Justin Bette Century 21 Real Estate LLC has announced the affiliation of Joseph Bette Realtors, Inc., a third-generation brokerage based in Southbury, Connecticut, further expanding the brand’s presence in western part of the Nutmeg State. The firm will now operate as CENTURY 21 Bette Real Estate. Founded more than 53 years ago, the brokerage…
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