Consumer Tips


CoStar Drops $1.6 Billion to Acquire 3D Camera Pioneer Matterport

CoStar, the commercial conglomerate-turned residential portal gate-crasher, announced today that it is acquiring Matterport in a deal worth $1.6 billion, adding what appears to be a highly complementary new business to its growing arsenal of real estate-focused companies. “CoStar Group and Matterport have nearly identical mission statements of digitizing the world’s real estate,” said Andy…

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COURT REPORT: Countdown for NAR Settlement Begins; Failed Consolidation Could Reopen Cases

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Courts rarely move fast. Although it has been over a month since the National Association of REALTORS® (NAR) announced that it was settling seller lawsuits, and 10 days since a judicial panel issued…

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What Lenders Should Do Now to Capitalize on a Potential Refinance Rebound in 2024

It wasn’t long ago when mortgage refinancing was king, generating record-breaking profits and driving lenders with more business than they could handle. During the height of the COVID-19 pandemic in 2020 and 2021, average 30-year mortgage rates in the 2% to 3% range were a boon for business. Mortgage lenders originated $2.57 trillion in refinance…

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The Top 5 Cities to Move to in 2024

From a young age, we all have an idea of a dream destination that we’d like to call home; somewhere luxurious on the water, or in some cases, a small remote cabin on a lake far from civilization. The idea to call a house or community our own is what most in modern society strive…

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HomeAdvantage Partners With Real Estate Connection

HomeAdvantage—a subsidiary of Jason Mitchell Group Holding Partners—announced a partnership with Real Estate Connection (REC)—a REALTOR® management company and brokerage. REC will now offer the HomeAdvantage product and nationwide MLS for lender accounts. HomeAdvantage is a tech-enabled platform providing nationwide MLS portals along with a nationwide network of real estate professionals, streamlines the home buying…

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Power Broker Insights: Building Upon a Family Foundation

As a third-generation broker, with both his grandfather and father deeply involved in the company business, Steve Fase II naturally gravitated toward real estate. Growing up, Fase watched them working hard every day to help buyers and sellers, and help agents achieve their goals. The impact of building those relationships over the years piqued his…

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Reliance Launches New Custom Brokerage Website for Hegg, REALTORS® Inc.

Reliance—a leading U.S. real estate technology company—has partnered with Hegg, REALTORS® Inc. to unveil the South Dakota-based real estate brokerage’s new website, featuring Reliance’s cutting-edge hyperlocal search engine.  The oldest real estate company in South Dakota, Hegg is a part of Edina Realty and a Berkshire Hathaway affiliate, according to a release. Founded in 1945…

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Leading Economic Indicators Fall Slightly in March

The Leading Economic Index (LEI) fell 0.3% in March to 102.4, a reverse from February’s slight increase, according to the latest release from The Conference Board. March’s LEI is down 2.2% over the six-month period between September 2023 and March 2024—down from its 3.4% contraction over the previous six months. February’s 0.2% increase was the…

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Oklahoma Brokerage Affiliates with Better Homes and Gardens Real Estate

Better Homes and Gardens Real Estate The Platinum Collective, based in Newcastle, Oklahoma, is the latest firm to join the lifestyle real estate brand. The white-glove full-service company assists clients in a wide range of real estate transactions, including assistance with luxury residential listings, ranch and rural properties, new construction, commercial sales, land sales and…

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Setting the Stage for Smoother Real Estate Transactions

Above, John Coake. Last fall, Compass acquired Realty Austin and Realty San Antonio—a boutique firm with four offices boasting two decades of familiarity and success in their respective Texas markets. According to John Coake, the newly acquired company’s head of sales and broker associate, the move provides a unique opportunity.  “Joining Compass has elevated our…

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