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Builder confidence rises due to falling mortgage rates

Builder confidence for newly built single-family homes is rising due to falling mortgages, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The HMI rose 2 points in January to 58 on an index that grades any score above 50 as builders viewing conditions more good than poor. Last […]

Connect the Speakers: David Marine on the 3 v’s of marketing

If you think it’s tough managing marketing as an individual agent or even at a brokerage level, try doing David Marine’s job — he’s the senior vice president of marketing for Coldwell Banker, overseeing an entire brand and the story it’s telling to agents and consumers alike. Marine will be participating in a case-study panel […]

Government raises fines for RESPA violations

The Consumer Financial Protection Bureau (CFPB) is raising the price of its fines to adjust for inflation, including penalties for violations of the Real Estate Settlement Procedures Act (RESPA). The new fine amounts became law when they were entered into the Federal Register on Jan. 12. Through a collection of bills and amendments passed by Congress, federal agencies […]

Roofstock hires former Tesla executive to run operations

Rapidly growing real estate investment company Roofstock has tapped a former Tesla executive to help run and scale up operations. Source: click here

Popular Miami Realtor shot and killed by broker son-in-law

A well-known South Florida Realtor has been found dead inside a Miami home in an apparent murder-suicide. Linda Marx, 70, was shot and killed by her son-in-law, Stephen Kasimow, 52, before he also killed himself, Miami police told local reporters. The broker and owner of Linda Marx Realty, Marx had been semi-retired since 2007. At […]

Reminder: The deadline to file your 1099-MISC forms is Jan. 31

The deadline for employers to report payments to contract workers on form 1099-MISC (box 7, nonemployee compensation) along with W-2 and W-3 forms is Jan. 31, which is rapidly approaching. Brokers and franchise owners, for example, must file a 1099-MISC whenever they pay an independent contractor $600 or more in a year for work and […]

Police arrest suspect in real estate office robbery

A man connected to an armed robbery in a Missouri real estate office has been apprehended, police say. Kevin McCormick, 33, has been charged with two felony counts of first-degree robbery and armed criminal action after police found him near Wayman Realty in Kirksville, Missouri, with $489 in cash and a large knife, though he […]

Homeowner appeals ruling to rebuild historic property he razed

A real estate developer ordered to rebuild a replica of an historic home he had torn down is fighting the decision in appeals court. Last month, the San Francisco Planning Commission ordered San Francisco homeowner Ross Johnston to build an exact replica of his 900-square-foot historic home after Johnson, a real estate developer, tore it down […]

Trade group offers rent relief to furloughed government workers

The National Rental Home Council (NRHC), a trade group made up of some of the largest single-family home rental owners in the country, is offering relief to its renters with rent deferrals and fee waivers. Source: click here

WeWork CEO made millions leasing buildings to WeWork

WeWork CEO Adam Neumann allegedly made millions by leasing buildings he owns a stake in to the very company he serves as chief executive officer. Source: click here

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