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Zombies, fraud and opportunity: All the mortgage stats you might’ve missed

JPMorgan Chase Institute’s default rates associated with people who do and don’t have savings, Attom’s Q2 numbers on median opportunity zone home prices, MagnifyMoney’s retirement stats — as the summer comes to an end, here’s a roundup of some recent mortgage-related research that you might have missed. Source: click here

Focus! Where agents should really be spending their time

Realtor Jeff Glover is over the barrage of “experts” who are pushing the latest strategies, ideas and products to make a buck off of agents. All this does is further oversaturate the shiny object arena and blur agents’ focus. Source: click here

What type of commission structure is best for your team?

There is no one-size-fits-all when it comes to team compensation. An experienced team leader outlines the pros and cons of the most common structures. Source: click here

Jason Oppenheim on gaining the confidence to be a luxury agent

How do you thrive in today’s luxury market? Don’t miss Inman’s Luxury Connect, October 15-17, 2019, in Beverly Hills, California. Walk away with the marketing, technology and luxury intelligence to grow your business while expanding your referral network with built-in networking sessions. Join 600 of the most notable names in luxury real estate. Reserve your […]

Housing inventory drops for the first time in a year

Breaking through a year of steady growth, U.S. housing inventory took a tumble in August. According to realtor.com’s latest housing trend report, housing inventory fell 1.8 percent year-over-year last month. The median listing price, meanwhile, is at $309,000 — 4.9 percent higher than last year but an 1.8 percent drop from July. Such a steep […]

In sickness and in health: The rocky marriage of Wall Street and real estate

When real estate and Wall Street have a fling, things often go haywire. And sometimes, it can end up impacting the entire industry. Source: click here

Nextdoor’s latest funding round gets big boost from Mary Meeker

The growing social network announced in May it had raised $123 million, but that round ended up closing on Monday with $170 million. Source: click here

The fight over employee classification doesn’t end with the passage of California’s AB5

Regardless of what happens with California’s landmark effort to regulate the gig economy, the real estate industry still has huge exposure in terms of agent teams. Source: click here

Inventory crises could stretch into 2022 and beyond: Zillow

Housing starts won’t reach the historical average of 1 million new units per month until at least 2022 or later, with the latest estimates stretching to 2029, according to a Pulsenomics survey of more than 100 economists, investment strategists and real estate experts commissioned by Zillow. When asked to name the best solution to boost […]

Fidelity National drops massive acquisition bid amid opposition

A proposed acquisition that would have given Fidelity National Financial nearly half of the U.S. title insurance market fell apart Tuesday thanks to opposition from federal regulators. Fidelity first revealed plans to acquire Stewart Information Services Corporation last year. The deal was valued at about $1.2 billion and would have created a kind of title […]

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