Hurricanes in Florida and North Carolina took a bite out of housing construction in October, but things are looking up. The U.S. Census Bureau’s November residential construction report shows single-family starts rising 6.4% compared to last month, clocking in at a seasonally adjusted annual rate of 1,011,000. Single-family housing completions also rose to a seasonally…
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Dallas-based brokerage United Real Estate is expanding its footprint in the Midwest with a new merger. This week, Kansas City-based United affiliate partner Platinum Realty will merge its operations with SunWest Real Estate Advisors. The financial terms of the merger were not disclosed. Platinum brings a 2,500-agent team with a presence in markets across Kansas,…
The Senate on Tuesday approved the trigger leads bill, which limits the use of “abusive“ digital marketing tools to reach potential borrowers. Mortgage trade groups commended the passage of the bipartisan legislation known as the Homebuyers Privacy Protection Act (S. 3502). The bill has been sent to the House of Representatives, which has two days…
After pushing back against an antitrust lawsuit filed against it in Michigan, the National Association of Realtors (NAR) has shifted its focus to a similar suit filed against the trade group in Pennsylvania. On Monday, NAR joined with fellow defendants Pennsylvania Association of Realtors, Greater Lehigh Valley Realtors, Allyson Lysaght and Justin Porembo to file…