RealPage’s Lumina is being rolled out to automate a number of the supporting tasks that drive the large facets of its solution, helping an array of commands and tasks perform faster, much of which is made possible by the massive dataset from which it can learn. [#item_url] [#feedzy_item_url]
Category: Inman News
Riley Warwick on Aspen’s ultra-hot market and that $108M sale
Warwick recently double-ended Colorado’s first-ever six-figure sale in the representation of an off-market property on Aspen’s picturesque Willoughby Way. He shared with Inman what makes the market so hot. [#item_url] [#feedzy_item_url]
Luxury home prices have reached new heights: Redfin
With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth. [#item_url] [#feedzy_item_url]
Realtor.com campaign makes pitch for buyer representation
The campaign will roll out across print and digital media and comes against the backdrop of commission disruption and intense competition among portals. [#item_url] [#feedzy_item_url]
New build-to-rent homes hit a new high in 2023
A total of 27,500 build-to-rent houses in the United States were completed in 2023, according to a new report from RentCafe. [#item_url] [#feedzy_item_url]
Existing-home sales drop in March as high rates stun homebuyers
Existing-home sales retreated 4.3 percent between February and March to a seasonally adjusted annual rate of 4.19 million, according to data released Thursday by the National Association of Realtors. [#item_url] [#feedzy_item_url]
2 buyers scramble to make a deal as the spring market sprints ahead
One Connecticut homebuyer is preparing for marriage. Another in Virginia is healing from a divorce. Both tell Inman the struggle to find a home this spring is real — and the clock is ticking. [#item_url] [#feedzy_item_url]
Industry gets some clarity on mortgage commission rules
Fannie, Freddie and FHA say sellers can continue to pay the buyer’s agent’s commission. But it remains to be seen if buyers will be allowed to finance their agent’s commission into their mortgage. [#item_url] [#feedzy_item_url]
Homebuyers rush to lock as mortgage rates hit new 2024 highs
Rates for conforming loans pushed through 7 percent last week and continue to rise, as latest inflation data dims prospects that Fed will ease in June. [#item_url] [#feedzy_item_url]
Bye bye bye: Leave your team — without losing your connections
Co-founder of The Agency’s BZP Group and regular cast member on “Buying Beverly Hills” Joey Ben-Zvi writes that professionalism and respect are essential to leaving the right way. [#item_url] [#feedzy_item_url]