1️⃣ Northlake plan forms
Better by the day Friday, Aug. 14 — As always, Tucker’s people are committed to making this city the best it can be. This week’s stories are all about Tucker growing and improving: we’ve got a new plan for Northlake, a new business, and a new approach to transportation in the city. But before we ge
ARA expands advocacy, hires John Blount to lead lobbying
The American Real Estate Association (ARA) announced Friday that John Blount will serve as the Mauricio Umansky and Jason Haber-founded trade group’s chief lobbyist. Blount spent years as chief lobbyist for the National Association of Realtors (NAR), directing the association’s advocacy shop. He he
Consumer Sentiment Wanes as War Rekindles Business Concerns
Consumer attitudes toward the economy reversed course as sentiment fell by nearly 8% so far for August. The University of Michigan’s monthly preliminary consumer sentiment survey reported a sharp decline. On a month-over-month basis, consumer sentiment dropped by 7.6%, ending the nation’s two-month
LGI Homes is trying to remove the reasons buyers keep waiting
Winning the game of a momentum-free and uncertainty-filled new-home market is like winning at Cat’s Cradle. You can lose to the game if you don’t play hand-in-hand with your partner. In the case of a homebuilder’s way through an indefinite, sluggish stretch, winning happens when something missing re
NRMLA asks CFPB for new reverse mortgage disclosure framework
The National Reverse Mortgage Lenders Association (NRMLA) is urging the Consumer Financial Protection Bureau (CFPB) to overhaul reverse mortgage disclosures, arguing that tailored, simplified materials could help consumers better understand the products and their risks. In an Aug. 10 comment letter
Wyoming MLSs object to NAR settlement data sharing notice
MLS in Wyoming have some thoughts to share on Judge Stephen Bough’s recent authorization of the Gibson and Sitzer/Burnett commission lawsuit plaintiffs to send a notice to all of the MLSs that opted into the National Association of Realtors’ (NAR) commission lawsuit settlement, reminding them of the
Condo Mortgages: What Agents Must Know About the Details and Differences
Not so very long ago when people decided they were ready to become homeowners, most didn’t even think to consider a condo. The American Dream was a standalone house. It still is, but with limited inventory in many places and elevated mortgage rates and prices, suddenly a less expensive condo is more
OneKey MLS Prepares to Launch Ocusell List, Bringing ‘Intuitive’ Listing Tools to Subscribers
OneKey® MLS has announced that it is preparing to launch Ocusell’s List™ listing management technology into its multiple listing service, which serves 42,000 subscriber agents in Long Island, all five New York City boroughs and the Hudson Valley. According to a release, as one of the earliest adopt
Report: Price Cuts Tick Up as Buyers Feel Economic Pressure
In the wake of elevated mortgage rates and rising year-over-year inflation, homesellers are doing their best to stimulate buyer behavior and get their listings off the market. According to a recent report by Bright MLS Chief Economist Lisa Sturtevant, about 40.1% of market listings in the Mid-Atlant
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