Velocity Real Estate

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Velocity Real Estate

Phone:
240-317-9444
Contact Us

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Over Half of Homebuyers Skip Mortgage Shopping, Yet Those Who Do Get Better Rates

USA Real Estate News-RISMedia - Tue, 2024-06-11 11:31

A majority of homebuyers aren’t shopping around for a mortgage, according to new data from LendingTree. Specifically, 54% of buyers who took out a mortgage for their most recent home purchase received just one offer from one lender, 22% got two offers and 17% got three. “There’s no magic number for how many offers homebuyers…

The post Over Half of Homebuyers Skip Mortgage Shopping, Yet Those Who Do Get Better Rates appeared first on RISMedia.

This new website is geared toward building wealth for women

USA Real Estate News-Inman - Tue, 2024-06-11 11:19
"Real Estate Wealth for Women" offers an abundance of resources and interviews with experts to help women make smarter financial decisions, especially when it comes to real estate. The brainchild of Bernice Ross, it’s available in both public-facing free and private paid tiers.

New Entrant to Portal Space Betting on AI to Attract Homebuyers

USA Real Estate News-RISMedia - Tue, 2024-06-11 11:15

Online real estate brokerage Flyhomes has acquired assets from the real estate AI startup ZeroDown to launch Flyhomes AI, described as “the industry’s first purpose-built AI home search portal.” ZeroDown is among the many firms invested in by AI guru Sam Altman, who stated he has heightened his interests in companies that use OpenAI models…

The post New Entrant to Portal Space Betting on AI to Attract Homebuyers appeared first on RISMedia.

Single mom in Durham struggles to get rid of Airbnb squatters

USA Real Estate News-Inman - Tue, 2024-06-11 10:16
Airbnb host Farzana Rahman's renters have refused to vacate the property after a seven-month reservation. Rahman said Airbnb has provided little assistance.

Single-mom in Durham struggles to get rid of Airbnb squatters

USA Real Estate News-Inman - Tue, 2024-06-11 10:16
Airbnb host Farzana Rahman's renters have refused to vacate the property after a seven-month reservation. Rahman said Airbnb has provided little assistance.

VA officially unveils rules to allow vets to pay broker commissions

USA Real Estate News-Inman - Tue, 2024-06-11 10:10
The temporary rules were first announced in May ahead of Memorial Day and came in response to calls from Realtors who feared veterans would become less competitive in the new landscape.

Study: Partisanship Has No Effect on the Supply of Housing or Affordability

USA Real Estate News-RISMedia - Tue, 2024-06-11 10:02

A new working paper produced by Joseph Gyourko and Fernando Ferreira—two researchers at The Wharton School of Business at the University of Pennsylvania—shows that supply of housing from city to city is not dependent on the political party in power, at least at the local level. Both Gyourko and Ferreira examined the relationship between housing…

The post Study: Partisanship Has No Effect on the Supply of Housing or Affordability appeared first on RISMedia.

Final Call for Real Estate’s Rookie of the Year Nominations

USA Real Estate News-RISMedia - Tue, 2024-06-11 09:39

For those who missed our previous deadline, RISMedia’s third-annual 2024 Real Estate Rookie of the Year contest is open to accepting nominations for one last day! The nomination page will close tonight, June 12, at 11:59 p.m. Nominations may be submitted here.  RISMedia’s Rookie of the Year program, sponsored by industry education leader, Colibri Real…

The post Final Call for Real Estate’s Rookie of the Year Nominations appeared first on RISMedia.

DOJ Intervention Violates Free Speech, MLS Argues

USA Real Estate News-RISMedia - Tue, 2024-06-11 09:26

MLS PIN, the Massachusetts-based listing service that has become a focal point of the Department of Justice’s (DOJ) interest in real estate commission practices, yesterday filed its long-awaited response to antitrust regulators as it urged a federal judge to reject DOJ arguments that “fail on their own terms” in a proxy battle over compensation structure.…

The post DOJ Intervention Violates Free Speech, MLS Argues appeared first on RISMedia.

Flyhomes joins portal wars with launch of AI-powered search

USA Real Estate News-Inman - Tue, 2024-06-11 07:30
Cash-offer pioneer Flyhomes says it will partner with agents to expand nationwide after acquiring "conversational real estate search" tech from ZeroDown, hiring co-founders Laks Srini and Abhijeet Dwivedi.
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