Re News

Inman

• NYC carpenters union cracks down on members suspected of mob ties
  The New York City District Council of Carpenters will expand its authority to bring charges against union members suspected of engaging in organized crime.
• Read: Inman’s complete interview with CoStar CEO Andy Florance
  Brad Inman sat down with Florance to talk about CoStar's business model, plans for Homesnap and a possible CoreLogic deal. By popular demand, we've transcribed the interview.
• ‘We’re in a perfect storm’: Luxury real estate in Arizona is heating up
  With bidding wars, appraisal waivers and an influx of out-of-state buyers, demand for high-end real estate is raising the specter of an unbridled luxury market.
• Title fraud cases surge 31% in Q3
  In addition to title fraud, a new report by FundingShield also noted a 90 percent increase in state licensing issues between the second and third quarters of 2020.
• New-home sales soar 41% in October
  Inventory continues to be an issue, with an estimated 3.3-months of supply at the current sales rate at the end of the month, down from a 3.6-months supply at the end of September.
• Mortgage purchases spike as rates hit a new all-time low
  Mortgage rates fell to 2.92 percent this week, down from 2.99 percent the week previous, according to new Mortgage Bankers Association data released Wednesday.
• Sotheby’s CEO Philip White sees ‘very positive’ market trends
  White described a robust market that has exceeded even his own expectations this year, and added that he believes homes will continue selling well in 2021.
• There’s no ‘I’ in team — and that’s the problem! Here’s a better way to get business
  Here's an alternative system for an individual agent to practice multilevel partnering, a win-win for the lead agent and the junior agents looking to receive a steady stream of leads.
• Outdoor kitchens, dining spaces take center stage during holidays
  Agents in California, Montana, Arkansas and Louisiana share how buyers are embracing outdoor entertainment spaces for socially distanced holiday gatherings.
• When is the right time to graduate from team to solo agent?
  How do you determine if it's the right time to move on from your team and do your own thing? Here are a few things to keep in mind as you explore your options. 

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