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More suits, new reports, demure micro-trends: Inman’s Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Consumer Sentiment Rises for the First Time in Five Months
After five consecutive months of declines, consumer sentiment reversed course this month, rising alongside some positive economic signs of lowered inflation and an all-but-guaranteed rate cut by the Fed in September. According to the University of Michigan’s latest report published Friday, consumer sentiment rose 1.5 index points in August to 67.9, up from a 66.4…
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COURT REPORT: Realtor.com Requests Injunction Against CoStar; NAR/DOJ Dispute Escalates
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Summer is coming to a close, and with some major deadlines looming in a few of the larger cases facing real estate, courthouses have remained relatively quiet these past few weeks. But one…
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Josh Sitzer, plaintiff in commission case, launches à la carte platform
Landian, a flat-fee and à la carte platform, offers $49 tours and $199 for written offers to sellers, but the real bombshell may be Sitzer's involvement so soon after the $5B Sitzer | Burnett verdict.
More Inflation Data Supports Rate Cuts, but ‘Alarm Bells’ Over Timing
The Federal Reserve’s preferred measure of inflation showed an annual gain of 2.5% in July, within striking distance of the central bank’s long-term mandate of 2%, putting the country firmly on track for a series of rate cuts—likely starting next month. The Personal Consumption Expenditures (PCE) price index increased 0.2% from the previous month, and…
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Agent safety startup Tether RE wins 2024 NAR Pitch Battle
Tether RE's platform includes 24-hour safety monitoring, client verification, SOS alerts, proximity safety times and fall and crash alerts. Agent social MLS app Tuesday won Crowd Favorite.
The September Issue of Real Estate Magazine Is Now Live
The September issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at Inside Real Estate’s new path to innovate in real estate technology: BoldTrail. In addition, we look at the CFA’s recently released consumer guidance, the latest RISMedia Broker Confidence Index, and…
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CIBC shares surge as US real estate woes ease - Benefits and Pensions Monitor
CIBC shares surge as US real estate woes ease Benefits and Pensions Monitor
US cracks down on real estate money laundering - Mortgage Professional
US cracks down on real estate money laundering Mortgage Professional
The Average Price for a Home in 2024: US vs. France - GOBankingRates
The Average Price for a Home in 2024: US vs. France GOBankingRates
NAR to fight DOJ investigation all the way to the Supreme Court
The case dates back to a 2020 settlement between NAR and the DOJ, and to the DOJ's 2021 attempt to withdraw from that settlement — something NAR is trying to block.
