HousingWireHousingWire The U.S. finds itself in a “troubling environment” for bolstering Black homeownership as evidenced by two key — and lagging — metrics. This is according to the 2024 State of Housing in Black America (SHIBA) report published this month by the National Association of Real Estate Brokers (NAREB). “The…
Continue reading →HousingWireHousingWire The New York City Council voted Wednesday afternoon to enact the Fairness in Apartment Rentals Act (FARE) Act, a bill that would end tenant-paid rental broker fees when brokers are exclusively representing landlords, as part of a broader effort to address the city’s housing affordability crisis. Upon signing a…
Continue reading →HousingWireHousingWire Rocket Companies, the parent of Rocket Mortgage, paid a reported $14 million to acquire the domain name Rocket.com. The purchase, which was initially reported by DomainInvesting.com, was said to be from defense contractor L3Harris Technologies Inc. Rumors of the deal began in early September. The transaction was referenced in…
Continue reading →HousingWireHousingWire Keller Williams has dramatically expanded its presence in New Jersey. The brokerage announced Wednesday that the KW Integrity market center has merged with Sparta, New Jersey-based Clearview Realty, bringing 25 agents and tens of millions of dollars in annual sales volume to KW Integrity. “This merger between Clearview Realty…
Continue reading →HousingWireHousingWire For the first time in seven weeks, mortgage demand rose as applications were up 0.5% during the week ending Nov. 8, the Mortgage Bankers Association (MBA) reported Wednesday. Purchase loan demand drove the slight increase in the MBA’s Market Composite Index, which measures loan application volumes. The purchase index…
Continue reading →
