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Pictet acquires £30m London apartments for Elevation II real estate fund  IPE Real Assets

London estate agency completes acquisition of rival company  Property Industry Eye

NYC real estate developer charged with driving into woman at pro-Palestinian protest  Toronto Star

Mortgage tech and cloud banking software provider says it's debt free and on faster track to profitability, thanks to $150 million cash injection from Haveli Investments.

Rents in these US cities are rising faster than wages -- with NYC hit the worst  New York Post

Realtor.com parent company Move Inc. saw its fiscal third-quarter revenue decrease 6 percent yearly to $132 million as traffic to the site stalls at 72 million average monthly unique visitors.

Some borrwers were quick to spring into action, with applications for purchase loans rising by a seasonally adjusted 2 percent and requests to refinance up 5 percent week over week.

Households with a median income of $64,000 or less lost their buying gains in 2023, according to Redfin. The share of new mortgages issued to this group dropped 11 percent from 2020 to 2023.

Netflix's Buying London: All about the new reality property show, trailer and stream date  Yahoo News UK

Healthcare Real Estate Could Be A £20B Industry. What It Needs Is Trust  Bisnow

The real estate brokerage also managed to trim losses and achieved positive free cash flow for the first time ever in a first quarter, according to an earnings call Wednesday.

Matt van Winkle served as chief executive officer of RE/MAX Northwest from 2011 until 2022 and will now lead a Compass team.

Total revenue climbs 18 percent in the first quarter as Airbnb continued to add supply and benefit from a surge in bookings for events like the eclipse.

Plaintiffs in the commission suit known as Batton 1 had requested a temporary restraining order Wednesday to prevent final approval of the Keller Williams, Anywhere and RE/MAX settlements.

At the 2024 REALTORS® Legislative Meetings on Tuesday, May 7, 2024, the “Emerging Business Issues and Technology Forum,” featured a panel of experts exploring how AI and augmented reality will shape the real estate industry. The panel was moderated by Julie Whitesell, chair of the Emerging Business Issues and Technology Forum and broker in charge…

The post Industry Leaders Discuss AI at NAR Summit appeared first on RISMedia.

Above, Jeff Grebe Jeff Grebe Broker/Owner Weichert, REALTORS® – Advantage Plus Knoxville, Tennessee https://www.advantageplustn.com  Region served: East Tennessee Years in real estate: 31 Number of offices: 2 Number of agents: 68 Favorite part of your job: Seeing agents succeed. What are some of the current trends you see in your market right now?  We’re in…

The post Facilitating Business in an Effective and Efficient Way appeared first on RISMedia.

Fannie Mae has announced new enhancements to its Income Calculator tool that will help mortgage professionals serve the growing number of mortgage applicants who are self-employed and don’t have traditional sources of income. The new web interface provides an additional, free avenue to access Fannie Mae’s existing Income Calculator functionality, which the company introduced in…

The post Fannie Mae Expands Income Calculator Tool appeared first on RISMedia.

San Francisco-based title tech provider, set to be acquired by Title Resources Group, posts a $20.6 million Q1 2024 net loss, down 46 percent from a year ago.

While the market is still unsettled—especially in regards to the currently pending NAR settlement and the changes that will bring to the industry—home sales continue as always. However, sellers have lost a little bit of the upper hand in the market as of late when it comes to a housing market correction. For sellers looking…

The post Report: The Best Time to Sell is in the First Half of the Year appeared first on RISMedia.

Wages are catching up with rents across the US. But not in Boston.  Boston.com