News Updates

U.S. FORECLOSURE ACTIVITY SEES A MONTHLY INCREASE IN JULY 2024

Foreclosure Starts Increase 18 Percent from Last Month; Completed Foreclosures Increase 14 Percent ATTOM, a leading curator of land, property, and real estate data, released its July 2024 U.S. Foreclosure Market Report, which shows there were a total of 31,929 U.S. properties with foreclosure...

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Indigo Emerges from Stealth to Bring AI to Home Transactions

Following Burnett v. NAR, Indigo provides real estate agents, buyers and sellers streamlined communications, bidding and negotiations to adapt to changes. Indigo, the market's first AI-powered home transaction platform, launched with leading real estate agents and teams from Compass, Keller...

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RE/MAX NATIONAL HOUSING REPORT FOR JULY 2024

Home Sales Rise 3.8% While Prices Dip, Inventory Grows July home sales rebounded 3.8% from June while the median sales price dropped for the first time this year across the 51 metro areas surveyed. The median price of $425,000 was $5,000 – or 1.2% – lower than June's. Compared to one year ago,...

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Frustration Evident in Consumer Housing Sentiment

Only 17% Say It's a 'Good Time' to Buy, Despite Known Aspiration to Own The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 1.1 points in July to 71.5, as an overall lack of affordability continues to hamstring consumer sentiment toward the housing market. This month, only 17% of...

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Zillow Group Promotes Jeremy Wacksman to CEO

Rich Barton remains on the Zillow Group Board of Directors and becomes co-executive chair alongside Zillow co-founder and current executive chair Lloyd Frink Zillow Group, Inc., which is transforming the way people buy, sell, rent and finance homes, announced longtime executive and Chief Operating...

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