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U.S. Tappable Equity Reaches Record $11 Trillion High

Rising interest rates might be sidelining would-be homebuyers, but the ongoing shortage of inventory on the market is keeping home prices elevated. That’s why U.S. homeowners now have a record $11 trillion in tappable equity as of March, according to the May ICE Mortgage Monitor Report.Home-price growth eased slightly in March by 5.6%, compared to […]

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NAR Appeals Circuit Court Decision Allowing DOJ to Restart Investigation

The National Association of REALTORS® (NAR) is appealing a recent court decision that allowed federal antitrust investigators to re-open their inquiry into real estate rules and practices, making another push to stymie potential further efforts by regulators to alter policies foundational to the industry. Filed late yesterday in the D.C. Circuit Court of Appeals, NAR

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The Ivan and Mike Team: Ruling South Florida and Winning Awards Via 24/7 Mindset

Above, Ivan Chorney, left, and Michael Martirena Founded by Ivan Chorney and Michael Martirena in 2015, the Ivan and Mike Team is a top-performing real estate group in South Florida that provides concierge-level service backed by in-depth market knowledge and integrity. Their success over the years has allowed them to grow to include 10 additional

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Legislative Round-Up: State and National Efforts to Expand Housing Access Continue

Editor’s Note: The RISMedia series, Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Supreme Court rules in favor of Consumer Financial Protection Bureau On Thursday May 16, 2024, the U.S. Supreme Court overruled a challenge to the constitutionality of the Consumer Financial Protection Bureau (CFPB).  The Consumer

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COURT REPORT: DOJ Deadlines Loom; Burnett Judge Addresses Campaign Donations

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. With time ticking away on several major deadlines—most significantly, the August 17 implementation of mandatory buyer agreements and removal of compensation from the MLS—brokerages and real estate business leaders continue to face tough

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Bright MLS Partners With TrustFunds for Electronic Earnest Money

Bright MLS has announced a collaboration with TrustFunds to integrate electronic earnest money services into the Bright MLS platform. As the real estate landscape continues to evolve, the demand for streamlined, secure and convenient transaction processes have never been more apparent, and this collaboration aims to enhance the transaction experience for real estate agents, brokers

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